duction to Operations and Supply Chain Ma1.2, Tried and True's accountant (from Problem 1.1) suggests thatmonthly rent and hourly wage rate also be factored into the produc-tivity calculations. Annandale pays the highest average wage at $15 anhour. Blacksburg pays $10 an hour, Charlottesville $9, and Danville$8.50. The cost to rent store space is $2,800 a month in Annandale,$1,200 a month in Blacksburg, $2,000 a month in Charlottesville, and$800 a month in Danville.a. Which store is most productive?b. Tried and True is not sure it can keep all four stores open.Based on multifactor productivity, which store would you close?What other factors should be considered? Problems1.1. Tried and True Clothing has opened four new stores in collegetowns across the state. Data on monthly sales volume and laborhours are given below. Which store location has the highest laborproductivity?StoreAnnandale Blacksburg CharlottesvilleDanvilleSales volume$40,000$12,000$60,000$25,000Labor hours25060500200

Given- Store Annandale Blacksburg Charlottesville Danville Sales volume $40,000 $12,000 $60,000…

Answered: 1.2) Tried and True's accountant (from…

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter6: Understanding The Management Process

Section6.2D: Controlling Ongoing Activities

Problem 1CC

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1-Specify if Louis vuitton has been impacted by innovation or technology (as well as one other major factor – if any).2- Specify Louis Vuitton main activities – while highlighting their nature from an operation management perspective (e.g., the production of (a) good(s) or the delivery of service(s), forecasting, purchasing, distribution, scheduling, etc.). 3- Suggest a capacity enhancement factor (how can Louis Vuitton capacity be enhanced?)
Elsa, Inc., has only variable costs and fixed costs. A review of the company's records disclosedthat when 100,000 units were produced, fixed manufacturing costs amounted to $200,000 andthe cost per unit manufactured totaled $5. On the basis of this information, how much costwould the firm anticipate at an activity level of 97,000 units?A. $485,000.B. $491,000.C. $494,000.D. $500,000.
1. Discuss each of the following objectives listed and the relationship each has withjob shop performance.a. Reduce WIP inventory.b. Provide a high level of customer service.c. Reduce worker idle time.d. Improve factory efficiency.2. In Problem 1, why are (a) and (c) conflicting objectives, and why are (b) and (d)conflicting objectives?
Wonder-Tire Service completed 200 tire changes, 10 brake jobs, and 24 alignments in an 10-hour day with a crew of eight specialists. A brake specialist costs $14 per hour, a tire changercosts $6 per hour, and an alignment mechanic costs $16 per hour. The materials cost for a daywas $2200, and overhead cost was $600.a. What is the shop’s labor productivity if the retail price for each respective service is $70,$160, and $60?b. What is the multifactor productivity, if the crew consisted of two tire changers, 3 brakespecialists and 2 alignment mechanics ?
How operation and production planning will help sufficiently satisfy the desired outcome of your potential customers? Pls elaborate
Wonder-Tire Service completed 200 tire changes, 10 brake jobs, and 24 alignments in an 10-hour day with a crew of eight specialists. A brake specialist costs $14 per hour, a tire changer costs $6 per hour, and an alignment mechanic costs $16 per hour. The materials cost for a day was $2200, and overhead cost was $600. a.What is the shop’s labor productivity if the retail price for each respective service is $70, $160, and $60? b.What is the multifactor productivity, if the crew consisted of two tire changers, 3 brake specialists and 2 alignment mechanics ?
Posey Ceramics makes ceramic vases for a chain of de-partment stores. The output and cost figures over the past four weeks are shown here. Labor costs $10 an hour, and materials are $4 a pound. Calculate the (a) labor produc-tivity (in hrs), (b) material productivity (in lbs), and (c) multifactor productivity for each week. Comment on theresults. Week 1 2 3 4Units of output 2000 4000 5000 7000No. of workers 4 4 5 6Hours per week per worker 40 48 56 70Material (lbs) 286 570 720 1000
b) Suppose a monopolistically competitive firm operates in a long run which produces 40 units of output at 120 taka per-unit cost (average total cost). Also MC of producing 40 unit output is 60 taka. By using this information, show the long run situation of a monopolisticallycompetitive firm in an appropriate diagram. c) Calculate excess capacity if socially efficient output is 100 units. Show it in graph too. [Note: b) and c) are related questions and draw separate graphs for each question]. Show all step. Answer must be correct.
Explain and describeHow can a systems-based approach to capacity planning help in operations management ?
State how the long term capacity and the short term compacity considerations differ u ? Its from operations management subjects dont sent it to other subjects !!
3.8 Given the following data, calculate how many units are available to promise. There are zero units on hand. Week 1 2 3 4 5 6 Customer Orders 21 17 8 3 MPS 30 30 30 ATP
Q2: Solve the following problem and Comparison (A and B) ( O1, 2) A: Determine the productivity for these cases. 1. Two workers installed 720 square yards of carpeting in 8 hrs. 2. Four workers produced 20 Cakes in 5 hrs. B: Distinguish in detail between manufacturing and service and give me example about process in manufacturing and service.

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