#1: Do Problems 1.5 and 1.6 in the book (page 22, 20 points). See Brightspace for Homework 2 Pages file if your book is still on the way. Please make the following adjustment: Capital Expense in 1.6 should be $110 for last year and $121 for now. George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound .. 1.5 interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of 3% increase in productivity per year? He has the following data representing a month from last year and an equivalent month this year: LAST YEAR NOW 1,000 1,000 300 275 Units produced Labor (hours) Resin (pounds) Capital invested ($) Energy (BTU) 50 45 10,000 3,000 11,000 2,850 Show the productivity percentage change for each category and then determine the improvement for labor-hours, the typical standard for comparison. Px GO 1.6 George Kyparisis (using data from Problem. 1.5) determines his costs to be as follows: Labor: $10 per hour Resin: $5 per pound Capital expense: 1% per month of investment Energy: $0.50 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. Px