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EnS0urce EnS0urce
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A year ago
Martin Manufacturing has implemented several programs to improve its productivity. They have asked you to evaluate the firm's productivity by comparing this year's performance with last year's.
 
  The following data are available:
 
   Last Year This Year
  Output 10,500 units 12,100 units
  Labor Hours 12,000 13,200
  Utilities 7,600 8,250
  Capital 83,000 88,000
 
  Has Martin Manufacturing improved its productivity during the past year?
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grfrfvfbvrgrfrfvfbvr
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A year ago
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Productivity improved in all three categories this year; utilities showed the greatest increase, and labor the least.

Resource Last Year This Year Change Pct. Change
Labor 10500 / 12000 = 0.88 12100 / 13200 = 0.92 0.04 4.55
Utilities 10500 / 83000 = 0.13 12100 / 88000 = 0.14 0.01 7.69
Capital 10500 / 7600 = 1.38 12100 / 8250 = 1.47 0.09 6.52
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