Marting Manufacturing has implemented several programs to improve its productivity. The company have asked you to evaluate the firm's multifactor and single productivity by comparing this year's performance with last year's. Last yearThis YearOutput100,700,700 units150,000,000 unitsLabor8 hrs./day/person360pesos/day360 days/yr7 man team8hrs./day/person385pesos/day320 days/yr5 man teamUtilities7,600 pesos per month12,250 pesos per monthSupplies150,000 units @ 2.50 pesos each210,000 units @ 2.25 pesos eachIn what area/factor has Marting Manufacturing improved its productivity?

Answered: Marting Manufacturing has implemented…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Marting Manufacturing has implemented several programs to improve its productivity. The company have asked you to evaluate the firm's multifactor and single productivity by comparing this year's performance with last year's.

	Last year	This Year
Output	100,700,700 units	150,000,000 units
Labor	8 hrs./day/person 360pesos/day 360 days/yr 7 man team	8hrs./day/person 385pesos/day 320 days/yr 5 man team
Utilities	7,600 pesos per month	12,250 pesos per month
Supplies	150,000 units @ 2.50 pesos each	210,000 units @ 2.25 pesos each

In what area/factor has Marting Manufacturing improved its productivity?

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