question 2 productivity improvement abc company has an inventory room
Question 2: Productivity Improvement
ABC Company has an inventory room. In 2020 (base year), 200,000
packages were handled by 40 workers. In 2021 (target year), 190,000
packages were handled by 38 workers-answer the following questions.
Show the formula and your calculations.
(a) What is the labor productivity ratio for the base year?
(b) What is the labor productivity ratio for the second year?
(c) What is the productivity index for the second year? Was the productivity increased?
(d) Write two productivity improvement ideas. Explain it in terms of capital and technology.
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