Question

Problem 1.7 Question Help 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 h s organization. He would like to know if his organization is mantan g the manufacturing average a 3% ncrease ipod has the following data representing a month from last year and an equivalent month this year: ity Ho Cost Per Input Unit Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) Last Year 1,000 300 50 9,000 3,000 Now 1,000 275 45 10,000 2.850 $12 per hour $5 per pound 1% per month 50.60 per BTU 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 %(enter your response as a percentage rounded to two decimal places)

Answer 1