1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vodka [1.7K]
3 years ago
10

George Kyparisis makes bowling balls in his Miami plant. With recent increases in his​ costs, he has a newfound interest in effi

ciency. George 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% increase in productivity. He has the following data representing a month from last year and an equivalent month this​ year: Last Year Now Units Produced 1,200 1,200 Labor​ (hours) 300 250 Resin​ (pounds) 50 46 Capital Invested​ ($) 9,000 11,000 Energy​ (BTU) 2,950 2,850 The productivity change for each of the inputs​ (Labor, Resin,​ Capital, and​ Energy) is: Labor Productivity Change​ = nothing​% ​(enter your response as a percentage rounded to two decimal places and include a minus sign if​ necessary).
Business
1 answer:
Leno4ka [110]3 years ago
8 0

Answer:

                                      Last Year       Now

Units Produced               1,200          1,200

Labor​ (hours)                    300             250

Resin​ (pounds)                  50               46

Capital Invested​ ($)         9,000         11,000

Energy​ (BTU)                   2,950          2,850

last year's labor productivity = 1,200 / 300 = 4 units per labor hour

current year's labor productivity = 1,200 / 250 = 4.8 units per labor hour

productivity increased by (4.8 - 4) / 4 = 20%

last year's materials productivity = 1,200 / 50 = 24 units per pound of resin

current year's materials productivity = 1,200 / 46 = 26.09 units per pound of resin

productivity increased by (26.09 - 24) / 24 = 8.7%

last year's capital productivity = 1,200 / 9,000 = 0.1333 units per $ invested

current year's capital productivity = 1,200 / 11,000 = 0.1091 units per $ invested

productivity decreased by (0.1091 - 0.1333) / 0.1333 = -18.18%

last year's energy productivity = 1,200 / 2,950 = 0.4068 units per BTU

current year's energy productivity = 1,200 / 2,850 = 0.4211 units per BTU

productivity increased by (0.4211 - 0.4068) / 0.4068 = 3.52%

You might be interested in
If average product is increasing, then marginal product Select one: a. must be greater than average product. b. must be less tha
netineya [11]

Answer: Option (a) is correct.

Explanation:

Figure attached with this answer shows the two curves, namely, average product curve and marginal product curve.

Marginal product refers to the change in the total output divided by the change in the quantity of inputs used.

Average product is calculated by dividing the total output produced with the quantity of inputs or factors of production used.

The relationship between marginal product and average product is explained by three phases:

(1) Average product is rising,

Marginal product is greater than the average product.  

(2) Average product is maximum,

Marginal product is equal to average product.

(3) Average product is falling because of diminishing marginal utility,

Marginal product is less than the average product.

4 0
3 years ago
Suppose someone borrows $552,000 today to buy a house in Davis, CA. If the annual interest rate is 4%, with monthly compounding,
galina1969 [7]

Answer:

Monthly Repayment on Loan  = $2634.06

Explanation:

given data

principal =  $552,000

annual interest rate = 4% = 0.333% monthly

solution

for get here fair value monthly mortgage payment we consider here time period is 30 year = 360 months

so now we apply here Monthly Repayment on Loan formula that is

Monthly Repayment on Loan  = principal ×  \frac{r(1+r)^t}{(1+r)^t -1}    .................1

put here value and we get

Monthly Repayment on Loan  = 552000 × \frac{r(1+0.333)^{360}}{(1+0.333)^{360} -1}    

Monthly Repayment on Loan  = $2634.06

4 0
3 years ago
________ are the per-unit costs of production that will fluctuate depending on how many units or individual products a firm prod
postnew [5]
Variable costs are the per-unit costs....
3 0
3 years ago
What is meant by trading on the equity? (b) how would you determine the profitability of trading on the equity? chegg.
aleksklad [387]

Answer:

Trading on equity defines the increase in profit earned by the equity shareholders due to presense to financial charges.

When a company is higher the rate of interest on borrowed funds.so company should option for trading on equity.

Explanation:

<em>h</em><em>o</em><em>p</em><em>e</em><em> </em><em>i</em><em>t</em><em> </em><em>h</em><em>e</em><em>l</em><em>p</em><em>s</em><em> </em><em>u</em><em /><em />

4 0
2 years ago
A company wishes to raise $170 million by issuing 20-year annual coupon bonds. Each bond will have a face value of $1,000; coupo
Margarita [4]

Answer:

The answer to the question is B I51,753 bonds

Explanation:

The present price of the bond and the total amount to be raised of $170m were used in arriving at the number of bonds to be issued.

n 20  

Coupon 6.60%  

YTM 7.7%*1000=77  

FV 1000  

PV ($1,120.25)  

The current price of the bond   $1,120.25  

Total amount to be raised   $170,000,000  

Number of bonds to be issued=total amount /bond price    151,752 approx...151753

Find attached spreadsheet with formulas so as to be able to follow through.

Download xlsx
6 0
3 years ago
Other questions:
  • Effective product promotion requires that everyone who creates and manages promotional messages have free access to information
    15·1 answer
  • The reason the production possibilities curve is bowed outward (concave) is
    7·1 answer
  • Your boss would like your help on a marketing research project he is conducting on the relationship between the price of juice a
    10·1 answer
  • A trial balance would only help in detecting which one of the following errors? Offsetting errors are made in recording the tran
    7·1 answer
  • Activity-based costing strives to create an environment that
    8·1 answer
  • You want to decide whether to invest in zero-coupon bonds or not. Currently, the yield to maturity of these zero-coupon bonds fo
    11·1 answer
  • How to get a refund on Brainly
    7·2 answers
  • A progressive tax system: __________
    5·1 answer
  • Sneaky Sales Retailing advertised a bicycle for a 40 percent sale price of $449 but when customers came in for the sale, the sal
    5·1 answer
  • Match the factors to the target capital structure preferred.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!