16. Various financial data for the past two yearsfollow. Calculate the total productivitymeasure and the partial measures for labor,capital, and raw materials for this companyfor both years. What do these measures tellyou about this company?LastThisYearYearOutput: Sales$200,000 $220,000Input: Labor30,00040,000Raw35,00045,000materialsEnergy5,0006,000Capital50,00050,000Other2,0003,000

Productivity is the relationship between the volume of input or raw material and the output. In…

Answered: 16. Various financial data for the past…

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter19: Managing Quality And Performance

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16. Various financial data for the past two years follow. Calculate the total productivity measure and the partial measures for labor, capital, and raw materials for this company for both years. What do these measures tell you about this company?