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[Solution Library] The following data shows the information related to production of the month of January of last year and its equivalent to January of this

Question: The following data shows the information related to production of the month of January of last year and its equivalent to January of this year of a certain product.

Last year Current year
Units produced 1000 1000
Labor (Hours) 300 275
Resin (Kilos) 50 45
Invested capital ($) 10000 11000
Energy (BTU) 3000 2850
  1. Determine the productivity of each category
  2. If the average increase in manufacturing productivity has been 3% How much was achieved this year?

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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