Eric Lafleur makes billiard balls in his New Brunswick plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the productivity of his organization. He would like to know if his organization is maintaining an increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Units Produced Labour (hours) Resin (kilograms) Capital invested ($) Energy (BTU) Last Year 1,000 300 28 8,500 3,000 Now 1,000 -260 23 11,000 2,850 The productivity percentage change for each category is: Labour Productivity Change=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary)
Eric Lafleur makes billiard balls in his New Brunswick plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the productivity of his organization. He would like to know if his organization is maintaining an increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Units Produced Labour (hours) Resin (kilograms) Capital invested ($) Energy (BTU) Last Year 1,000 300 28 8,500 3,000 Now 1,000 -260 23 11,000 2,850 The productivity percentage change for each category is: Labour Productivity Change=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Eric Lafleur makes billiard balls in his New Brunswick plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining
the productivity of his organization. He would like to know if his organization is maintaining an increase in productivity. He has the following data representing a month
from last year and an equivalent month this year:
Units Produced
Labour (hours)
Resin (kilograms)
Capital invested ($)
Energy (BTU)
Last Year
1,000
300
28
8,500
3,000
Now
1,000
260
23
11,000
2,850
The productivity percentage change for each category is:
Labour Productivity Change=% (enter your respons as a percentage rounded to two decimal places and include a minus sign if necessary)
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