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Serga [27]
3 years ago
14

Martin Manufacturing has implemented several programs to improve its productivity. They have asked you to evaluate the firm's pr

oductivity 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?
Business
1 answer:
balandron [24]3 years ago
4 0

Answer:

Yes.

Explanation:

In the last year,

Output per unit of labor hours:

= Output ÷ Labor Hours

= 10,500 units ÷ 12,000

= 0.875

Output per utility consumed:

=  Output ÷ Utilities

= 10,500 units ÷ $7600

= 1.3815

Output per unit of capital:

= Output ÷ capital

= 10,500 ÷ 83,000

= 0.1265

In this year,

Output per unit of labor hours:

= Output ÷ Labor Hours

= 12,100 units ÷ 13,200

= 0.917

Output per utility consumed:

=  Output ÷ Utilities

= 12,100 units ÷ $8,250

= 1.466

Output per unit of capital:

= Output ÷ capital

= 12,100 units ÷ $88,000

= 0.1375

Percentage change in Output per unit of labor hours:

= (0.917 - 0.875) ÷ 0.875

= 4.8%

Percentage change in Output per utility consumed:

= (1.466 - 1.3815) ÷ 1.3815

= 6.11%

Percentage change in Output per unit of capital:

= (0.1375 - 0.1265) ÷ 0.1265

= 8.69%

Therefore, there is a positive percentage increase in all the computations of productivity which shows that there is an improvement in the productivity this year.

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What is the minimum value of the box-and-whisker plot?
natka813 [3]

Answer:

A;36

Explanation:

So lets recall the different parts of a box and whisker plot.

The dot at the very right end of it is the maximum, where the largest number is.

After that, the box to the right is the upper quartile.

On the left, the box on the left is the lower quartile.

In between the right and left of the box is the median, which seperates the upper quartile by the lower quartile.

Finally, we have the dot farthest to the left, which is the minimum.

So on our box and whisker chart, lets look at the dot farthest to our left, since thats the minimum.

<u>This should be 36.</u>

Hope this helps! ;)

8 0
2 years ago
Grossman lumber reported $102,000 net cash provided by its operating activities. if the company invests $4,000 in capital expend
sweet [91]

FCF is a measure of how much cash a business generates from operations, net of capital expenditures, which it can use for various purposes, such as reducing debt or paying out dividends. When calculating FCF, we take Cash provided by operating activities and subtract any capital expenditures. Grossman Lumber generated $102,000 in cash from operations, and invested 4,000 in capital expenditures, so its FCF is 102,000-4,000= $98,000. We are not concerned with dividends because dividends are not a capital expenditure. 

6 0
3 years ago
Cushman company had $814,000 in sales, sales discounts of $12,210, sales returns and allowances of $18,315, cost of goods sold o
lesya692 [45]
When solving for the gross profit on a product use:
Gross profit = Sales - Cost of goods sold

Sales = $814,000
Cost of goods sold = $386,650

Gross profit = $814,000 - $386,650
Gross profit = $445,350
3 0
3 years ago
A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate wheth
patriot [66]

Explanation:

1. The ceterus paribus effect gives us to what extent, the effect of a variable has on another variable, while holding all other factors fixed. Analysing job training of workers on productivity will give us results that are not biased since we will not be taking account of other factor variables in the calculations. When 2 firms are the same in almost every aspect apart from number of hours on training, then we will find out that each firm would have different levels of workers output. So we should know if workers output increases due to job training.

2. When it comes to provision of training, furms do these based on characteristics of the workers. Some of these characteristics are measurable while some are immeasurable

Measurable:

Experience on the job,

Productivity

Level of education,

immeasurable :

Skill set

Vision

Likeliness to bstay at firm

3. Apart from worker characteristics, productivity also depends on other factors one of which is technological change. A technological change can bring about increased efficiency and greater output by the worker. Different firms using different capital and technological combination are quite likely to have different output levels.

4. A positive correlation between job training and productivity cannot be used to ascertain if job training makes worker more efficient this is due to the fact that correlation only tells us if variables are in coexistence. So a positive correlation does not tell us that job training is indeed bringing about changes in the productivity of workers.

8 0
3 years ago
A horse was galloping at a speed of 50km/h for the first 12 minutes. For the next x minutes, the horse became fatigued, and its
loris [4]

Answer:

16km Answer

see image for solution

8 0
3 years ago
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