A company has collected the data as shown in the table below for the factories it operates. The plants are of similar size and capacity. All data are in thousands of US$. Calculate the labor, capital and multifactor (including, labor, capital and materials) productivity for each plant for all years. Using the data in the table, plot plant A’s and B’s labor productivity on the same graph. Using the data in the table, plot plant A’s and B’s capital productivity on the same graph. Using the data in the table, plot plant A’s and B’s multifactor productivity on the same graph. Evaluate each factory’s performance overtime both independent of the other factory and relative to the other factory, what would you recommend? West Bank Factory Gaza Strip Factory Year Sales Labor Capital Materials Sales Labor Capital Materials 2010 3480 178 870.5 1780 3510 180 878 2080 2011 3790 191 967 2030 3820 195 1023 2060 2012 4030 200.5 1050 2210 3960 200 1080 2105 2013 4060 199 1080 2180 4100 215 1117 2330 2014 4270 206 1160 2190 4290 217.5 1257 2430 2015 4580 218 1260 2410 4650 232.5 1200 2660 2016 4830 226 1360 2850 4750 240 1210 2440 2017 4890 225.5 1405 2750 4790 249.5 1290 2760 2018 5020 228 1470 2970 5040 252 1380 2920 2019 5050 226 1510 2990 5340 270 1450 3120 2020 5510 243 1680 3100 5630 290 1530 2960
A company has collected the data as shown in the table below for the factories it operates. The plants are of similar size and capacity. All data are in thousands of US$. Calculate the labor, capital and multifactor (including, labor, capital and materials) productivity for each plant for all years. Using the data in the table, plot plant A’s and B’s labor productivity on the same graph. Using the data in the table, plot plant A’s and B’s capital productivity on the same graph. Using the data in the table, plot plant A’s and B’s multifactor productivity on the same graph. Evaluate each factory’s performance overtime both independent of the other factory and relative to the other factory, what would you recommend? West Bank Factory Gaza Strip Factory Year Sales Labor Capital Materials Sales Labor Capital Materials 2010 3480 178 870.5 1780 3510 180 878 2080 2011 3790 191 967 2030 3820 195 1023 2060 2012 4030 200.5 1050 2210 3960 200 1080 2105 2013 4060 199 1080 2180 4100 215 1117 2330 2014 4270 206 1160 2190 4290 217.5 1257 2430 2015 4580 218 1260 2410 4650 232.5 1200 2660 2016 4830 226 1360 2850 4750 240 1210 2440 2017 4890 225.5 1405 2750 4790 249.5 1290 2760 2018 5020 228 1470 2970 5040 252 1380 2920 2019 5050 226 1510 2990 5340 270 1450 3120 2020 5510 243 1680 3100 5630 290 1530 2960
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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A company has collected the data as shown in the table below for the factories it operates. The plants are of similar size and capacity. All data are in thousands of US$.
- Calculate the labor, capital and multifactor (including, labor, capital and materials) productivity for each plant for all years.
- Using the data in the table, plot plant A’s and B’s labor productivity on the same graph.
- Using the data in the table, plot plant A’s and B’s capital productivity on the same graph.
- Using the data in the table, plot plant A’s and B’s multifactor productivity on the same graph.
- Evaluate each factory’s performance overtime both independent of the other factory and relative to the other factory, what would you recommend?
|
West Bank Factory |
Gaza Strip Factory |
||||||
Year |
Sales |
Labor |
Capital |
Materials |
Sales |
Labor |
Capital |
Materials |
2010 |
3480 |
178 |
870.5 |
1780 |
3510 |
180 |
878 |
2080 |
2011 |
3790 |
191 |
967 |
2030 |
3820 |
195 |
1023 |
2060 |
2012 |
4030 |
200.5 |
1050 |
2210 |
3960 |
200 |
1080 |
2105 |
2013 |
4060 |
199 |
1080 |
2180 |
4100 |
215 |
1117 |
2330 |
2014 |
4270 |
206 |
1160 |
2190 |
4290 |
217.5 |
1257 |
2430 |
2015 |
4580 |
218 |
1260 |
2410 |
4650 |
232.5 |
1200 |
2660 |
2016 |
4830 |
226 |
1360 |
2850 |
4750 |
240 |
1210 |
2440 |
2017 |
4890 |
225.5 |
1405 |
2750 |
4790 |
249.5 |
1290 |
2760 |
2018 |
5020 |
228 |
1470 |
2970 |
5040 |
252 |
1380 |
2920 |
2019 |
5050 |
226 |
1510 |
2990 |
5340 |
270 |
1450 |
3120 |
2020 |
5510 |
243 |
1680 |
3100 |
5630 |
290 |
1530 |
2960 |
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