Question Two Referring to Question one, and in your attempt to evaluate the improvement in productivity of your company. You collected the below data ;the data are the monthly average of last year and the monthly average this year. Determine the multifactor productivity with dollars as the common denominator for the last year and this year Then determine the percent change in productivity for the monthly average last year versus the monthly average this year on a multifactor basis. Labor Capital Energy 85/hour 0.83% per month of investment $0.60 per BTU Production (dozen) Labor (hours) Capital investment (S) Energy (BTU) Last Year 3000 700 30.000 6000 This Year 3000 650 36.000 5400

Question Two Referring to Question one, and in your attempt to evaluate the improvement in productivity of your company. You collected the below data ;the data are the monthly average of last year and the monthly average this year. Determine the multifactor productivity with dollars as the common denominator for the last year and this year Then determine the percent change in productivity for the monthly average last year versus the monthly average this year on a multifactor basis. Labor Capital Energy 85/hour 0.83% per month of investment $0.60 per BTU Production (dozen) Labor (hours) Capital investment (S) Energy (BTU) Last Year 3000 700 30.000 6000 This Year 3000 650 36.000 5400

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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