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Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric 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% incease in productivity. He has the following data representing a month from last year and quivalent month this year-
Last Year Now
Units Produced 1,200 1,200Labor (hours) 300 260Resin (pounds) 50 45Capital Invested ($) 10,000 12,500Energy (BTU) 3,000 2,500
The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is
a) Labor Productivity Change = _____%
b) Resin Productivity Change = _____%
c) Capital Invested Productivity Change = ______%
d) Energy productivity change = ______%
The WTO's International Trade Statistics is an annual report that provides comprehensive, comparable, and updated statistics on trade in merchandise and commercial services. This r
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Item Cost - $7.00 Order Cost - $283.00 Annual Hold - 32% of item cost Annual Demand - 22,100 Average Demand - 442 per week Standard deviation of weekly demand 20 per week lead time
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