Question

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his​ costs, he...

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his​ costs, he has a newfound interest in efficiency. George is 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. He has the following data representing a month from last year and an equivalent month this​ year:

                                                                                     

          

Last Year

Now

Units Produced      

1 comma 2001,200

1 comma 2001,200

Labor​ (hours)

300300

250250

Resin​ (pounds)

5050

4646

Capital Invested​ ($)

9 comma 0009,000

11 comma 00011,000

Energy​ (BTU)

3 comma 0003,000

2 comma 5002,500

The productivity change for each of the inputs​ (Labor, Resin,​ Capital, and​ Energy) is:

Labor Productivity Change​ =

nothing​%

​(enter your response as a percentage rounded to two decimal places and include a minus sign if​ necessary).

Resin Productivity Change​ =

nothing​%

​(enter your response as a percentage rounded to two decimal places and include a minus sign if​ necessary).

Capital Invested Productivity Change​ =

nothing​%

​(enter your response as a percentage rounded to two decimal places and include a minus sign if​ necessary).

Energy Productivity Change​ =

nothing​%

​(enter your response as a percentage rounded to two decimal places and include a minus sign if​ necessary).

Business   Operations-Management   
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Homework Answers

Answer #1

PROODUCTIVITY = OUTPUT / INPUT

PERCENTAGE CHANGE IN PRODUCTIVITY = ((NEW PRODUCTIVITY - OLD PRODUCTIVITY) / OLD PRODUCTIVITY) * 100



LAST YEAR

THIS YEAR

% CHANGE

PRODUCED

1200

1200

LABOR (HOURS)

1200 / 300 = 4

1200 / 250 = 4.8

((4.8 - 4) / 4) * 100 = 20

RESIN(POUNDS)

1200 / 50 = 24

1200 / 46 = 26.087

((26.087 - 24) / 24) * 100 = 8.7

CAPITAL

1200 / 9000 = 0.1333

1200 / 11000 = 0.1091

((0.1091 - 0.1333) / 0.1333) * 100 = -18.15

ENERGY(BTU)

1200 / 3000 = 0.4

1200 / 2500 = 0.48

((0.48 - 0.4) / 0.4) * 100 = 20

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