MF LI Katrina Design has decided to experiment with two alternative manufacturing approaches, identified as MF and LI, for producing men's fashions. The firm expects the total demand to be 36,000 suits. Management estimates the required input resources using the different manufacturing approaches are: Direct Materials (yards) Direct Labor (hours) 256,000 116,000 196,000 136,000 The cost of direct materials is $15 per yard; the cost of direct labor is $28 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. (For all requirements, round your answers to 4 decimal places.) 1. Operational partial productivity MF LI 0.1406 0.3103 X Direct materials Direct labor 0.1836 X 0.2647 2. Financial partial productivity Direct materials 0.0093 Direct labor 0.0206 X 0.0066 X 0.0094 3 3. Total productivity 0.0039 X 0.0065 X