Question 1 (2.0 points) A product is processed by two departments during its manufacturing in the following order: machining and assembly. In 2020, the company was able to practice an average selling price of $ 3.22/unit. In 2021, due to competition, it was forced to practice an average sale price of $ 2.85/unit. The following data refer to the product: Year 2004 2005 Department Machining Assembly Machining Assembly Production 20,000 18,500 23,600 22,200 Raw material ($/unit) 0.45 0.05 0.42 0.05 Labor (hours/unit) 0.15 0.08 0.12 0.06 Labor cost ($/hour) 4.16 5.12 4.50 5.60 a) Calculate the total productivity measure and the partial measures for raw materials and labor for this company for both years. b) What do these measures tell you about the company? Tip: keep in mind that output is a finished product.

Question 1 (2.0 points) A product is processed by two departments during its manufacturing in the following order: machining and assembly. In 2020, the company was able to pratice an average selling price of \$ 3.22 /unit. In 2021 , due to competition, it was forced to practice an average sale price of $ 2.85/unit. The following data refer to the product: a) Calculate the total productivity measure and the partial measures for raw materials and labor for this company for both years. b) What do these measures tell you about the company? Tip: keep in mind that output is a finished product