Chapter 1, Problem 2P

a)

Summary Introduction

To determine: The labor productivity of producing bronze valves

Introduction: Productivity is a measure of the effectiveness of an individual, systems, machinery and other equipment’s that are used in converting inputs into outputs. In all organizations, productivity is an important determinant to know cost efficiency.

b)

Summary Introduction

To determine: The new labor productivity value of producing bronze valves.

c)

Summary Introduction

To determine: The percentage of productivity increase.