Show the productivity percentage change for each category and the multifactor productivity if possible, and then determine the improvement for labor-hours, the typical standard for comparison.
Show the productivity percentage change for each category and the multifactor productivity if possible, and then determine the improvement for labor-hours, the typical standard for comparison.
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
Related questions
Question
![George Kyparisis makes bearing balls in his Miami plant. With recent increases in his costs, he has a
newfound interest in efficiency. George 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 per year. He has the following data representing a month from last year and an equivalent
month this year:
LAST YEAR
NOW
Production
1,000
1,000
Labor (hours)
300
250
Resin (pounds)
50
45
Capital invested ($)
|10,000
11,000
Energy (BTU)
3,000
2,750
Show the productivity percentage change for each category and the multifactor productivity if possible,
and then determine the improvement for labor-hours, the typical standard for comparison.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F02ace97b-c244-4414-917b-7103186d63d1%2F9efc1f7e-3f4d-461d-a1fe-460912ca51d4%2F9e3olya_processed.jpeg&w=3840&q=75)
Transcribed Image Text:George Kyparisis makes bearing balls in his Miami plant. With recent increases in his costs, he has a
newfound interest in efficiency. George interested in determining the productivity of his organization.
He would like to know if his organization is maintaining the manufacturing average of a 3% increase in
productivity per year. He has the following data representing a month from last year and an equivalent
month this year:
LAST YEAR
NOW
Production
1,000
1,000
Labor (hours)
300
250
Resin (pounds)
50
45
Capital invested ($)
|10,000
11,000
Energy (BTU)
3,000
2,750
Show the productivity percentage change for each category and the multifactor productivity if possible,
and then determine the improvement for labor-hours, the typical standard for comparison.
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