Various Financial data for 2018 and 2019 follows. Calculate the
total productivity measure and the partial measures for labour, raw
materials, and energy for this company for both years. What do
these measures tell you about this company? [All numbers are in
$].
2018
2019
Output: Sales $375,000
$445,000
Input: Labour
127,000 199,950
Raw materials
68,500
64,250
Energy
37,250
47,050
Other
10,450
20,200
CALCULATE THE FOLLOWING FOR 2018 AND 2019
Total productivity= output/inputs
Partial lab productivity = outputs/labor
Partial Material Productivity = output/raw materials
Partial Energy = output/energy
CONSTRUCT A TABULAR COLUMN AND MARK THE VALUES FOR 2018 AND 2019
ON THE RELEVANT FIELDS.
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