Katrina Design has decided to experiment with two alternative manufacturing approaches, identified as MF and LI, for producing mens fashions. The firm expects the total demand to be 32,000 suits. Management estimates the required input resources using the different manufacturing approaches are:

	Direct Materials (yards)				Direct Labor (hours)
MF		252,000				112,000
LI		192,000				132,000

The cost of direct materials is $10 per yard; the cost of direct labor is $29 per hour.

Required:

1. Compute the partial operational productivity ratios for each of the production approaches.

2. Calculate the partial financial productivity ratios for each of the production approaches.

3. Compute the total productivity ratios for each of the production approaches.