Question: eview View Help Search . . 20 | c | c Heading 1 1 Normal 1 No Spac... Heading 2 Title Subtitle Paragraph Styles A

eview View Help Search . . 20 | c | c Heading 1 1

eview View Help Search . . 20 | c | c Heading 1 1 Normal 1 No Spac... Heading 2 Title Subtitle Paragraph Styles A company makes bearing ball in Cleveland, Ohio. With recent increases in costs, management has found a new interest in efficiency. The manager is interested in finding the productivity of the organization. The manager would like to know if his organization is maintaining the manufacturing average of 3% increase in productivity. The following data represent a month from last year and an equivalent month this year: Last Year Units produced Labor (hours) Resin (pounds) Capital Investment (S) Energy (BTU) Now 1000 275 45 11,000 2.850 50 10,000 3,000 a. Compate the partial productivity growth for each input category? b. Management estimated the costs as follows: Labor: $10 per hour Resin: $5 per pound Capital expense: 1% per month of investment Energy: $0.50 per BTU Compute the multifactor productivity for both months and the multifactor productivity growth

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