Operations Management: Calculate Labor & Productivity
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Please see attached document. Please solve using Excel & show work if possible. Thanks!
A US manufacturing company operating a subsidiary in a less developed country shows the following results:
US Less developed country
Sales (units) 100,000 20,000
Labor (hours) 20,000 15,000
Raw materials (currency) $20,000 FC 20,000
Capital equipment (hours) 60,000 5,000
Calculate partial labor & capital productivity figures for the US & the less developed country. Do the results seem misleading? Please solve the problem using Microsoft Excel & show work.
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Solution Summary
This solution provides calculations for partial labor and capital productivity in Excel.
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