1.5 George Kyparisis makes bowvling 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 ycar? He has the following data representing a month from last year and an equivalent month this year: LAST YEAR NOW Units produced 1,000 1.000 Labor (hours) 300 275 Resin (pounds) 50 45 Capital invested (S) 10.000 11.000 Energy (BTU) 3.000 2.850 Show the productivity percentage change for cach category and then determine the improvement for labor-hours, the typical standard for comparison. PX .• 1.6 determines his costs to be as follows: George Kyparisis (using data from Problem 1.5) • Labor: S10 por hour • Resin: S5 per pound • Capital cxpcnsc: 1% per month of investment • Encrgy: S0.50 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 danominator P
1.5 George Kyparisis makes bowvling 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 ycar? He has the following data representing a month from last year and an equivalent month this year: LAST YEAR NOW Units produced 1,000 1.000 Labor (hours) 300 275 Resin (pounds) 50 45 Capital invested (S) 10.000 11.000 Energy (BTU) 3.000 2.850 Show the productivity percentage change for cach category and then determine the improvement for labor-hours, the typical standard for comparison. PX .• 1.6 determines his costs to be as follows: George Kyparisis (using data from Problem 1.5) • Labor: S10 por hour • Resin: S5 per pound • Capital cxpcnsc: 1% per month of investment • Encrgy: S0.50 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 danominator P
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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