The controller's staff at McNichols Lubricants is responsible for preparing quarterly performance reports. One report evaluates quarter- to-quarter improvement in partial productivity of the two main inputs in the production process: base chemical and labor. Management at McNichols is particularly interested in the results because there have been numerous efficiency improvement programs instituted at the company recently. Data for the last two quarters follow: Barrels input Labor-hours Barrels of output Required: a. Compute the partial productivity measures for labor for quarter 1 and quarter 2. b. Compute the partial productivity measures for material for quarter 1 and quarter 2. c-1. Have the efficiency improvement programs resulted in greater labor productivity? c-2. Have the efficiency improvement programs resulted in greater material productivity? Req A Complete this question by entering your answers in the tabs below. Quarter Quarter 2 19,500 3,900 14,196 Req B Quarter 1 Quarter 2 Quarter 1 13,000 3,250 11,570 Partial Labor Productivity Req C1 Compute the partial productivity measures for labor for quarter 1 and quarter 2. Note: Round your answers to 2 decimal places, Req C2 K
The controller's staff at McNichols Lubricants is responsible for preparing quarterly performance reports. One report evaluates quarter- to-quarter improvement in partial productivity of the two main inputs in the production process: base chemical and labor. Management at McNichols is particularly interested in the results because there have been numerous efficiency improvement programs instituted at the company recently. Data for the last two quarters follow: Barrels input Labor-hours Barrels of output Required: a. Compute the partial productivity measures for labor for quarter 1 and quarter 2. b. Compute the partial productivity measures for material for quarter 1 and quarter 2. c-1. Have the efficiency improvement programs resulted in greater labor productivity? c-2. Have the efficiency improvement programs resulted in greater material productivity? Req A Complete this question by entering your answers in the tabs below. Quarter Quarter 2 19,500 3,900 14,196 Req B Quarter 1 Quarter 2 Quarter 1 13,000 3,250 11,570 Partial Labor Productivity Req C1 Compute the partial productivity measures for labor for quarter 1 and quarter 2. Note: Round your answers to 2 decimal places, Req C2 K
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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