George Kyparisis makes bowling balls in his Miami plant. With recent increases in his cost, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintiang 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.
Units produced : Last year 1,500 Now 1,500
Labor (hours): Last year 300 Now 250
Resin (pounds) Last year 60 now 48
Capital Invested ($): last year 10,000 now 12,000
Energy (BTU): Last year 2,900 now 2,750
What is: Labor Productivity Change, Resin Productivity Change, Capital Invested Productivity Change ,Energy Productivity change (Show work for answers)