George Kyparisis makes bowling balls in his Miami plant. With recent increases i

Question

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has newfound interest in efficiency. George interested in determining 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 an The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is: Labor Productivity Change = (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary). Resin Productivity change. (enter your response as a percentage rounded to two decimal places and include a minus sign necessary). Capital Invested Productivity Change (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary) Energy Productivity change (enter your response as a percentage rounded to two decimal places and include a minus sign it necessary)

Explanation / Answer

labour productivity change =(300-250)*100/300 =16.67%

resin productivity change =(60-46)*100/60=23.33%

capital invested productivity change=-(3000/9000)*100=-33.33%

energy productivity change =(2950-2850)*100/2950 =3.39%

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