A parcel delivery company delivered 103,500 packages last year, when its average employment was 86 drivers. This year the firm handled 112,500 deliveries with 93 drivers. What was the percentage change in productivity over the past two years?

Business · College · Mon Jan 18 2021

Answered on

To calculate the percentage change in productivity, we can use the formula:

Productivity = Output / Input


First, let's calculate the productivity for each year:


For the first year:

Productivity (Year 1) = 103,500 packages / 86 drivers


For the second year:

Productivity (Year 2) = 112,500 packages / 93 drivers


Next, find the percentage change in productivity using the formula:

Percentage Change =

 New Productivity−Old Productivity /Old Productivity x 100


Let's calculate:

Productivity (Year 1) = 103,500 / 86

Productivity (Year 1) = 1,203.49 packages per driver

Productivity (Year 2) = 112,500 / 93

​Productivity (Year 2) = 1,209.68 packages per driver

Percentage Change = 1,209.68 − 1,203.49 / 1,203.49 × 100

Percentage Change = 0.5137%

The percentage change in productivity over the two years is approximately 0.5137%. ​

 

 

 


 


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