iscom/305 week 2 individual

Business & Finance
Tutor: None Selected Time limit: 1 Day

Tried and True Clothing has opened four new stores in college towns across the state. Data on monthly sales volume and labor hours are given below. Which store location has the highest labor productivity?

StoreAnnandaleBlacksburgCharlottesvilleDanville
Sales volume
$40,000
$12,000
$60,000
$25,000
Labor hours
250
60
500
200
Jul 27th, 2015

Thank you for the opportunity to help you with your question!

  • Labor productivity  =  output/input = Sales Volume/ Labor  Hours:
Annandale=$40000/250=160

Blacksburg=$12000/60=200

Charlottesville=$60000/500=120

Danville=$25000/200=125

Blacksburg has the highest labor productivity.

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 27th, 2015

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Jul 27th, 2015
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Jul 27th, 2015
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