Eric Lafleur makes billiard balls in his New Brunswick plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year:
last year now
Units produced 1000 1000
Labour(hours) 300 275
Resin(Kilograms) 50 45
Capital invested($) 10000 11000
Energy(BTU) 3000 2850
Show the productivity percentage change for each category and then determine the improvement for labour-hours, the typical standard for comparison.