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Partial operational productivity measure

Question 30
Information about Blum Company is as follows:

2009 2010
Output (units) 10,000 9,300

Input quantities:
Labor (hours) 4,000 3,875

Input prices:
Labor (per hour) $7 $8

What is the partial operational productivity measure for labor for 2009?
2.4
2.5
0.4
2.8

Question 31
Information about Gilman Company is as follows:

2009 2010
Output (units) 100,000 105,000

Input quantities:
Labor (hours) 40,000 43,750

Input prices:
Labor (per hour) $14 $16

What is the partial operational productivity measure for labor for 2010?
2.4
2.5
3.3
4.2

Solution Preview

Question 30
Information about Blum Company is as follows:

2009 2010
Output (units) 10,000 9,300

Input quantities:
Labor (hours) 4,000 3,875

Input prices:
Labor (per hour) $7 ...

Solution Summary

Response provides steps to compute partial operational productivity measure

$2.19