George Kyparisis (using data from Problem 1.6) determines his costs to be as follows: Labor: $

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George Kyparisis (using data from Problem 1.6) determines his costs to be as follows:
• Labor: $ 10 per hour
• Resin: $ 5 per pound
• Capital expense: 1% per month of investment
• Energy: $. 50 per BTU
Show 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.

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Operations Management

ISBN: 978-0133408010

11th edition

Authors: Jay Heizer, Barry Render

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