"he percent change in productivity for one month last year versus one month this year on a multifactor asis with dollars as the common denominator = % (enter your response as a percentage rounded p two decimal places). %3D

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 41P
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George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a
newfound interest in efficiency. George is interested in determining the productivity of his organization.
He would like to know if his organization is maintaining the manufacturing average of a 3% increase in
productivity. He has the following data representing a month from last year and an equivalent month
this year:
Last Year
Now
Cost Per Input Unit
Units Produced
1,200
1,200
Labor (hours)
Resin (pounds)
$10 per hour
$6 per pound
2% per month
$0.60 per BTU
300
275
50
45
Capital Invested ($)
Energy (BTU)
10,000
11,000
2,900
2,750
The percent change in productivity for one month last year versus one month this year on a multifactor
basis with dollars as the common denominator = % (enter your response as a percentage rounded
to two decimal places).
Transcribed Image Text:George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Last Year Now Cost Per Input Unit Units Produced 1,200 1,200 Labor (hours) Resin (pounds) $10 per hour $6 per pound 2% per month $0.60 per BTU 300 275 50 45 Capital Invested ($) Energy (BTU) 10,000 11,000 2,900 2,750 The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = % (enter your response as a percentage rounded to two decimal places).
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