Question: The Hill Industries implemented several programs to improve its productivity. They have consulted with your consultancy firm Top Level to evaluate their productivity by comparing
The Hill Industries implemented several programs to improve its productivity. They have
consulted with your consultancy firm Top Level to evaluate their productivity by comparing
this year's performance with last year's. The following data are available:
Last Year
This Year
nairlino
/Output
10.500 units
12.100 units
Labor Hours 12.000
13,200
Utilities
$7.600
$8,250
Capital
$83.000
$88,000
a. Calculate the percentage change in factor productivity (each factor) (0.90 point)
b. Has productivity improved from last year to this year, explain (0.10 point)
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