Question: PLEASE ANSWER QUICKLY, AS THERE IS LIMITED TIME! George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has

PLEASE ANSWER QUICKLY, AS THERE IS LIMITED TIME!

PLEASE ANSWER QUICKLY, AS THERE IS LIMITED TIME!

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Units Produced Labor (hours) Resin (pounds) Capital invested ($) Energy (BTU) Last Year 1,000 300 50 10,000 3,000 Now 1,000 275 45 11,000 2,850 The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is: Labor Productivity Change = % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary). Enter your answer in each of the answer boxes

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