8 George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfoundinterest in efficiency. George is interested in determining the productivity of his organization. He would like to know ifhis organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following datarepresenting a month from last year and an equivalent month this year:Now1,000250CLast YearUnits Produced1,000300Labor (hours)Resin (pounds)55459,00012,500Capital Invested ($)Energy (BTU)3,0002,500The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is:Labor Productivity Change = 20 % (enter your response as a percentage rounded to two decimal places and includea minus sign if necessary).Resin Productivity Change =% (enter your response as a percentage rounded to two decimal places and includea minus sign if necessary).

Formulas used-Labor Productivity = Units producedLabor hoursResin Productivity = Units producedResin…

Answered: George Kyparisis makes bowling balls in…

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 41P

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