Question: Question 6 GDX Manufacturing has implemented several programs suggested by its new IE department to improve its productivity. They are now evaluating the new IEs

Question 6 GDX Manufacturing has implemented

Question 6 GDX Manufacturing has implemented several programs suggested by its new IE department to improve its productivity. They are now evaluating the new IEs by comparing this year's performance with last year's. The following data are available: Output Utilities Last Year Labor Hours 12,000 Capital 10,500 units 12,100 units $7,600 This Year $83,000 13,200 $8,250 $88,000 What can be observed from the data? O Capital productivity decreased 4.8% O Total factor productivity did not change O Energy productivity decreased by 6.2% O Capital productivity increased by 6.2% O Labor productivity increased by 8.7% 3 pts

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