Operations Management
Operations Management
11th Edition
ISBN: 9780132921145
Author: Jay Heizer
Publisher: PEARSON
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Chapter 1, Problem 7P

George Kyparisis (using data from Problem 1.6) determines his costs to be as follows:

  • Labor: $10 per hour
  • Resin: $5 per pound
  • Capital expense: 1% per month of investment
  • Energy: $.50 per BTU

Show 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.

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