Question: Learning Activity: Is your great idea worth it? Activity: You and your team came up with a plan to automate the very time-consu welding by

Learning Activity: Is your great idea worth it? Activity: You and your team came up with a plan to automate the very time-consu welding by using robotic welders. First, compute how this would increase producti Year 1 Year 2 Output (sales, in $million) 120 160 Labor (payroll, in $million) 32 26 Capital (expenses, in $million) 45 5 65 One-time capital investment ($million) 5 10 Productivity Year 1 = Productivity Year 2 = (note: adjusted for Change in Productivity =

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