BUSN $3430$

Worked problems $($Show calculations in order to get full credit$)$

$1.$ The CEO has asked you to evaluate the firm's productivity by comparing performance a month from last year and equivalent month this year. The following data are available: $(10$ points$)$

The CEO determines his costs to be as follows:

$$ Labor $$20$ per hour

$$ Utilities $$0\mathrm{.}60$ per BTU

$$ Capital $20\%$ per month of investment.

Show the productivity change, for one month last year versus one month this year, on a multifactor basis.