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 a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) Last Year 1,200 300 55 10,000 2,900 Now 1,200 260 48 12,000 2,500 The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is: Labor Productivity Change = 15.38 % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary). Resin Productivity Change=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) Last Year 1,200 300 55 10,000 2,900 Now 1,200 260 48 12,000 2,500 The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is: Labor Productivity Change = 15.38 % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary). Resin Productivity Change=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter4: Linear Programming Models
Section4.8: Data Envelopment Analysis (dea)
Problem 42P
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![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 a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year:
Units Produced
Labor (hours)
Resin (pounds)
Capital Invested ($)
Energy (BTU)
Last Year
1,200
300
55
10,000
2,900
Now
1,200
260
48
12,000
2,500
The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is:
Labor Productivity Change = 15.38 % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
Resin Productivity Change = % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F58bd1525-75ec-46a5-be25-53d8789ee850%2F3778d80f-a7ca-40f5-93b6-0cf1d6c81d7c%2Ftb9xujk_processed.png&w=3840&q=75)
Transcribed Image Text:George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization
is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year:
Units Produced
Labor (hours)
Resin (pounds)
Capital Invested ($)
Energy (BTU)
Last Year
1,200
300
55
10,000
2,900
Now
1,200
260
48
12,000
2,500
The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is:
Labor Productivity Change = 15.38 % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
Resin Productivity Change = % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
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