Homework Help is Here – Start Your Trial Now!
Business
Operations Management
arious financial data for InMotion Manufacturing for 2013 & 2014 follow (in 1000s).                        2013 2014 Output: Sales $1432 $1765 Inputs: Labor $40 $41   Raw Materials $45 $61   Energy $9 $11   Capital Expenses $137 $187   Other $3 $6   What is the percentage change in InMotion’s total productivity measure from 2013 to 2014?  Give your answer in decimal form to 3 decimal places.  For example, 0.051 and NOT 5.10%.  Also, indicate a negative change like -0.051 if needed

arious financial data for InMotion Manufacturing for 2013 & 2014 follow (in 1000s).                        2013 2014 Output: Sales $1432 $1765 Inputs: Labor $40 $41   Raw Materials $45 $61   Energy $9 $11   Capital Expenses $137 $187   Other $3 $6   What is the percentage change in InMotion’s total productivity measure from 2013 to 2014?  Give your answer in decimal form to 3 decimal places.  For example, 0.051 and NOT 5.10%.  Also, indicate a negative change like -0.051 if needed

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
See similar textbooks
icon
Related questions
Question

Various financial data for InMotion Manufacturing for 2013 & 2014 follow (in 1000s). 

 

                 

 

2013

2014

Output:

Sales

$1432

$1765

Inputs:

Labor

$40

$41

 

Raw Materials

$45

$61

 

Energy

$9

$11

 

Capital Expenses

$137

$187

 

Other

$3

$6

 

What is the percentage change in InMotion’s total productivity measure from 2013 to 2014? 

Give your answer in decimal form to 3 decimal places.  For example, 0.051 and NOT 5.10%.  Also, indicate a negative change like -0.051 if needed.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Financial statements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS