George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfoundinterest in efficiency. George is interested in determining the productivity of his organization. He would like to know ifhis organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following datarepresenting a month from last year and an equivalent month this year:Last YearNowUnits Produced1,0001,000Labor (hours)300250Resin (pounds)6045Capital Invested ($)Energy (BTU)8,50011,0002,9002,500The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is:Labor Productivity Change = ☐ % (enter your response as a percentage rounded to two decimal places and includea minus sign if necessary).Resin Productivity Change =a minus sign if necessary).% (enter your response as a percentage rounded to two decimal places and includeCapital Invested Productivity Change: =and include a minus sign if necessary).Energy Productivity Change: =a minus sign if necessary).☐ % (enter your response as a percentage rounded to two decimal places% (enter your response as a percentage rounded to two decimal places and include

Step 1: Labor Productivity Change:Last year: 1000 units / 300 hours = 3.33 units/hourNow: 1000 units…

Answered: George Kyparisis makes bowling balls in…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter4: Linear Programming Models

Section4.8: Data Envelopment Analysis (dea)

Problem 42P

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