George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 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 1,200 1,200 Labor (hours) 300 250 Resin (pounds) 50 46 Capital Invested ($) 9,000 11,000 Energy (BTU) 2,950 2,850 The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is: Labor Productivity Change = nothing% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).

                                      Last Year       Now

Units Produced               1,200          1,200

Labor (hours)                    300             250

Resin (pounds)                  50               46

Capital Invested ($)         9,000         11,000

Energy (BTU)                   2,950          2,850

last year's labor productivity = 1,200 / 300 = 4 units per labor hour

current year's labor productivity = 1,200 / 250 = 4.8 units per labor hour

productivity increased by (4.8 - 4) / 4 = 20%

last year's materials productivity = 1,200 / 50 = 24 units per pound of resin

current year's materials productivity = 1,200 / 46 = 26.09 units per pound of resin

productivity increased by (26.09 - 24) / 24 = 8.7%

last year's capital productivity = 1,200 / 9,000 = 0.1333 units per $ invested

current year's capital productivity = 1,200 / 11,000 = 0.1091 units per $ invested

productivity decreased by (0.1091 - 0.1333) / 0.1333 = -18.18%

last year's energy productivity = 1,200 / 2,950 = 0.4068 units per BTU

current year's energy productivity = 1,200 / 2,850 = 0.4211 units per BTU

productivity increased by (0.4211 - 0.4068) / 0.4068 = 3.52%

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.