Question: Solve Problem 1.6 only - 1.5 George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound

Solve Problem 1.6 only - 1.5 George Kyparisis makes bowling balls in

Solve Problem 1.6 only

- 1.5 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 3% increase in productivity per year? He has the following data representing a month from last year and an equivalent month this year: Show the productivity percentage change for each category and then determine the improvement for labor-hours, the typical standard for comparison. -. 1.6 George Kyparisis (using data from Problem 1.5) determines his costs to be as follows: Labor: $10 per hour - Resin: \$5 per pound - Capital expense: 1% per month of investment Energy: \$0.50 per BTU Show the percent change in productivity for one month last year versus one month this year, on a multifactor basis with dollars as the common denominator

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