Question

A parcel delivery company delivered 103,500 packages last year, when its average employment was 86 drivers. This year the firm handled 112,500 deliveries with 93 drivers. What was the percentage change in productivity over the past two years?

Answer 1

Answer:

0.514%

Explanation:

Productivity is defined as the number of deliveries divided by the number of drivers. Last year's productivity was:

$P_L=\frac{103,500}{86}=1203.488$

The productivity for the current year was:

$P_C=\frac{112,500}{93}=1209.677$

The percentage change in productivity (C) over the past two years IS:

$C=\frac{P_C-P_L}{P_L}*100\%\\C=\frac{1,209.677-1,203.488}{1,203.488}*100\%\\C=0.514\%$

There was 0.514% change in productivity over the past two years.