George Kyparisis makes bowling balls in his Miami plant. Withrecent increases in his? costs, he has a newfound interest inefficiency. George is interested in determining the productivity ofhis organization. He would like to know if his organization ismaintaining the manufacturing average of a? 3% increase inproductivity. He has the following data representing a month fromlast year and an equivalent month this? year:
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| Last Year | Now | Cost Per Input Unit |
Units Produced | 1 comma 2001,200 | 1 comma 2001,200 | |
Labor? (hours) | 280280 | 255255 | ?$1212 per hour |
Resin? (pounds) | 4848 | 4343 | ?$66 per pound |
Capital Invested? ($) | 10 comma 00010,000 | 11 comma 00011,000 | 22?% per month |
Energy? (BTU) | 2 comma 9002,900 | 2 comma 7502,750 | ?$0.600.60 per BTU |
The percent change in productivity for one month last yearversus one month this year on a multifactor basis with dollars asthe common denominator? =
nothing?%
?(enter your response as a percentage rounded to two decimal?places).
