Question: OPMT 1198 Mid Term A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 25%

OPMT 1198 Mid Term A company has introduced a
OPMT 1198 Mid Term A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 25% with less material, but one additional worker required. Under the old process, five workers could produce 60 units per hour. Labour costs are $12/hour, and material input was previously $16/unit. For the new process, material is now $10/unit. Overhead is charged at 16 times direct labour cost. Finished units sell for $31 each. What increase in productivity is associated with the process improvement? (6 Marks) previous tim-5860, 300 -25%. how process = $10unit listenes fursheed uits sell for $31 each Production auth-byen_ actual precious 7 pet pueniary A small hucinace au

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