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Profile Productivity Measurement Objective In 2015, Choctaw Company implements a new process affecting labor and materials. The...

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Economics

Profile Productivity Measurement Objective

In 2015, Choctaw Company implements a new process affectinglabor and materials. The following reported data are provided toevaluate the effect on the company’s productivity:

20142015
Number of units produced630,000390,000
Labor hours used210,00097,500
Materials used (lbs.)1,145,455650,000

Required:

1. Calculate the productivity profile for 2014.If required, round your answers to two decimal places.

Partial Operational Productivity Ratios2014 Profile
Labor productivity ratio
Material productivity ratio

2. Calculate the productivity profile for 2015.If required, round your answers to two decimal places.

Partial Operational Productivity Ratios2015 Profile
Labor productivity ratio
Material productivity ratio

3. What if the laborhours used in 2015 were 135,000? What does comparison of the 2014and 2015 profiles now communicate? If required, round your answersto two decimal places.

Partial Operational Productivity Ratios2014 Profile2015 Profile
Labor productivity ratio
Material productivity ratio

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