4- George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, hehas a newfound interest in efficiency. George is interested in determining the productivity of hisorganization. He would like to know if his organization is maintaining the manufacturing averageof 3% increase in productivity per year? He has the following data representing a month fromlast year and an equivalent month this year:LAST YEARNOWUnits produced1,0001,000Labor (hours)300275Resin (pounds)5045Capital invested ($)10,00011,000Energy (BTU)3,0002,850Show the productivity percentage change for each category and then determine theimprovement for labor-hours, the typical standard for comparison. George Kyparisis determineshis costs to be as follows:Labor: $10 per hourResin: $5 per poundCapital expense: 1% per month of investmentEnergy: $0.50 per BTU

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Answered: 4- George Kyparisis makes bowling balls…

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter7: Planning And Goal Setting

Section: Chapter Questions

Problem 2ED

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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: Last Year Now Cost Per Input Unit Units Produced 1 comma 0001,000 1 comma 0001,000 Labor (hours) 300300 275275 $1010 per hour Resin (pounds) 5050 4545 $66 per pound Capital Invested ($) 10 comma 00010,000 11 comma 00011,000 22% per month Energy (BTU) 3 comma 0003,000 2 comma 8502,850 $0.600.60 per BTU The percent change in productivity for one month last year versus one month…
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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: Last Year Now Cost Per Input Unit Units Produced 1,200 1,200 Labor (hours) 280 255 $10 per hour Resin (pounds) 50 45 $6 per pound Capital Invested ($) 10,000 11,000 2% per month Energy (BTU) 3,000 2,850 $0.50 per BTU The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = nothing%…
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In December, General Motors produced 6,600 customized vans at its plant in Detroit. The labor productivity at this plant is known to have been 0.10 vans per labor hour during that month. 300 laborers were employed at the plant that month.a. How many hours did the average laborer work that month?b. if the productivity can be increased to 0.11 vans per labor hour, how many hours would the average laborer work that month?

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