Question: The given data represents a month from last year and an equivalent month this year. Last Year Now Cost Per Input Unit Units Produced 1,000
The given data represents a month from last year and an equivalent month this year.
Last Year Now Cost Per Input Unit Units Produced 1,000 1,000 Labor (hours) 300 275 $12 Resin (pounds) 48 43 $5 Capital Invested ($) 10,000 11,000 2% Energy (BTU) 2,900 2,750 $0.60
What is the change (%) in multi-factor productivity for one month last year versus one month this year
Hint: Take Euro () as the common denominator.
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