Question: A company has collected the data as shown in the table below for the factories it operates. The plants are of similar size and capacity.
A company has collected the data as shown in the table below for the factories it operates. The plants are of similar size and capacity. All data are in thousands of US$.
Evaluate each factorys performance overtime both independent of the other factory and relative to the other factory, what would you recommend?
| Plant A | Plant B | ||||||
Year | Sales | Labor | Capital | Materials | Sales | Labor | Capital | Materials |
2010 | 3480 | 178 | 870.5 | 1780 | 3510 | 180 | 878 | 2080 |
2011 | 3790 | 191 | 967 | 2030 | 3820 | 195 | 1023 | 2060 |
2012 | 4030 | 200.5 | 1050 | 2210 | 3960 | 200 | 1080 | 2105 |
2013 | 4060 | 199 | 1080 | 2180 | 4100 | 215 | 1117 | 2330 |
2014 | 4270 | 206 | 1160 | 2190 | 4290 | 217.5 | 1257 | 2430 |
2015 | 4580 | 218 | 1260 | 2410 | 4650 | 232.5 | 1200 | 2660 |
2016 | 4830 | 226 | 1360 | 2850 | 4750 | 240 | 1210 | 2440 |
2017 | 4890 | 225.5 | 1405 | 2750 | 4790 | 249.5 | 1290 | 2760 |
2018 | 5020 | 228 | 1470 | 2970 | 5040 | 252 | 1380 | 2920 |
2019 | 5050 | 226 | 1510 | 2990 | 5340 | 270 | 1450 | 3120 |
2020 | 5510 | 243 | 1680 | 3100 | 5630 | 290 | 1530 | 2960 |
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