Question: How to solve Consider the following information: Store A Store B Question 1 : How much money does Store A make for every hour of
How to solve
Consider the following information:
Store A Store B
Question :
How much money does Store A make for every hour of labor?
The question may be answered by finding productivity in terms of
Productivity
a
b
c
d
e None of the Above
Question :
Which store utilizes labor better?
To answer this question, find labor productivity.
Store A:
Productivity
Store B:
Productivity
It is evident that Store B makes more money for the labor used so it is the one that better
utilizes labor.
a Store A
b Store B
c Not enough information to answer the question
Question :
For Store B how many units are made for every dollar spent on material?
The question may be answered by finding productivity in terms of
Productivity
a
b
c
d
e None of the above
Question :
Which store utilizes material better.
The question may be answered by finding productivity in terms of for both the store and
comparing the values. We have found this number for Store B in Question So now
finding this value for Store A:
Productivity
As the number is greater for Store B compared to Store A Store B utilizes
material better.
a Store A
b Store B
c Not enough information to answer the question
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