Question Two Referring to Question one, and in your attempt to evaluate the improvement in productivity of your company. You collected the below data ;the data are the monthly average of last year and the monthly average this year. Determine the multifactor productivity with dollars as the common denominator for the last year and this year Then determine the percent change in productivity for the monthly average last year versus the monthly average this year on a multifactor basis. Labor Capital Energy 85/hour 0.83% per month of investment $0.60 per BTU Production (dozen) Labor (hours) Capital investment (S) Energy (BTU) Last Year 3000 700 30.000 6000 This Year 3000 650 36.000 5400
Question Two Referring to Question one, and in your attempt to evaluate the improvement in productivity of your company. You collected the below data ;the data are the monthly average of last year and the monthly average this year. Determine the multifactor productivity with dollars as the common denominator for the last year and this year Then determine the percent change in productivity for the monthly average last year versus the monthly average this year on a multifactor basis. Labor Capital Energy 85/hour 0.83% per month of investment $0.60 per BTU Production (dozen) Labor (hours) Capital investment (S) Energy (BTU) Last Year 3000 700 30.000 6000 This Year 3000 650 36.000 5400
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Transcribed Image Text:Question Two Referring to Question one, and in your attempt to evaluate the improvement in
productivity of your company. You collected the below data the data are the monthly average of last
year and the monthly average this year. Determine the multifactor productivity with dollars as the
common denominator for the last year and this year Then determine the percent change in productivity
for the monthly average last year versus the monthly
average this year on a multifactor basis.
Labor
Capital
Energy
85/hour
0.83% per month of investment
$0.60 per BTU
Production (dozen)
Labor (hours)
Capital investment (S)
Energy (BTU)
Last Year
3000
700
30.000
6000
This Year
3000
650
36.000
5400
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