Calculating Jamie's Productivity Growth
Jamie's productivity growth can be calculated by comparing the change in sales between week 1 and week 2. To determine productivity growth, we need to calculate the percentage change in sales.
Step 1: Calculate the change in sales.
Change in sales = Sales in week 2 - Sales in week 1
Change in sales = 75 - 120
Change in sales = -45
Step 2: Calculate the percentage change.
Percentage change = (Change in sales / Sales in week 1) * 100
Percentage change = (-45 / 120) * 100
Percentage change = -37.5%
Therefore, Jamie's productivity growth is -37.5%.
This negative percentage indicates a decline in productivity, meaning Jamie sold fewer hot dogs in week 2 compared to week 1. It implies that her productivity decreased by 37.5%.
Understanding Jamie's Productivity Growth Calculation
In this scenario, Jamie's productivity growth is a measure of how her sales performance changed from week 1 to week 2. The negative percentage of -37.5% indicates a decrease in productivity, highlighting a decrease in hot dog sales during the second week.
Productivity growth formula:
Productivity Growth = ((Sales in Week 2 - Sales in Week 1) / Sales in Week 1) * 100%
By following this formula, we can quantitatively assess the change in Jamie's sales performance over the two weeks. The negative value suggests a decline in her efficiency or effectiveness in selling hot dogs.
This situation could prompt Jamie to evaluate her sales strategies, customer engagement methods, or product promotions to identify factors contributing to the decline in productivity. Through careful analysis and adjustments, Jamie can work towards improving her sales and ultimately enhancing her productivity growth in the long run.