The productivity of Person GK and to know whether the organization is maintaining a manufacturing average of 3% increase in productivity every year. Introduction: Productivity is a measure of the effectiveness of an individual, systems, machinery and other equipments that are used in converting inputs into outputs. In all organizations, productivity is an important determinant to know the cost efficiency.

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Chapter 1, Problem 5P

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To determine: The productivity of Person GK and to know whether the organization is maintaining a manufacturing average of 3% increase in productivity every year.

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

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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 1,000 300 Now 1,000 275 45 12,000 2,500 Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) The productivity-change for each of the inputs (Labor, Resin, Capital, and Energy) is: Labor Productivity Change = 9.09% enter your response as a percentage rounded to two decimal places and include a minus sign if necessary). 60 8,500 2,900 Resin Productivity Change =% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).

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 Cost Per Input Unit Units Produced 1 comma 0001,000 1 comma 0001,000 Labor (hours) 300300 275275 $1010 per hour Resin (pounds) 5050 4545 $66 per pound Capital Invested ($) 10 comma 00010,000 11 comma 00011,000 22% per month Energy (BTU) 3 comma 0003,000 2 comma 8502,850 $0.600.60 per BTU The percent change in productivity for one month last year versus one month…

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: Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) Last Year 1,000 300 48 10,000 3,000 Now 1,000 275 43 11,000 2,850 Cost Per Input Unit $12 per hour $5 per pound 2% per month $0.60 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).