Question: Explain why and how you got the answer COMPUTING PRODUCTIVITY MEASURES A division of Miller Chemicals produces water purification crystals for swimming pools. The major
Explain why and how you got the answer
COMPUTING PRODUCTIVITY MEASURES A division of Miller Chemicals produces water purification crystals for swimming pools. The major inputs used in the production process are labor, raw materials, and energy. The table shows the amount of output produced and input used for 2018 and 2019. Calculate the total productivity measure, the multifactor productivity measures, and the partial productivity measures for both years. What do these measures tell you about this company? Output 2018 2019 Pounds of crystals 100,000 150,000 Input Direct Labor Hours 20,000 Direct Labor Cost $180,000 Energy Used (kwh) 350,000 Energy Cost $ 5,000 Raw Materials Use (lb) 120,000 Raw Material Cost $ 30,000 28,000 $350,000 400,000 $ 6,000 185,000 $ 40,000
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