Question: Productivity Practice Problems (Updated 10/11/2010 12:31 PM) Key relationship: productivity = output/resources used = output/input 1. FastCo has generated productivity data for the first two

Productivity Practice Problems (Updated

Productivity Practice Problems (Updated 10/11/2010 12:31 PM) Key relationship: productivity = output/resources used = output/input 1. FastCo has generated productivity data for the first two quarters of the year (Table 1). Using dollar measures of input and output, compare the total profit and productivity achieved for the first two quarters. How does Q2 productivity compare with Q1 productivity? Use partial factor productivity to identify what might be done to improve productivity and profitability during Q3

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