2. Productive EfficiencyA bakery can produce 1,000 cookies per day with either of two processes. Process Auses 3 workers and 6 machines. Process B uses 4 workers and 4 machines. If the dailywage of workers is $104 and the daily cost of a machine including wear and tear is $30.a) Which production process is the most efficient?b) Which type of process is this?Show Calculation here for full point.a)B)

Production efficiency is described as the term that emphasizes the production of an additional…

Answered: 2. Productive Efficiency A bakery can…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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company has introduced a process improvement that reduces processing time for each unit;output is increased by 40 percent with less material, but two additional workers are required.Under the old process, five workers could produce 1800 units per hour. Labor costs are $20/hour, and material input was previously $15/unit. For the new process, material is now $12/unit. *Overhead is charged at (1.4XLABOR COST + 500). *Finished units sell for $80 each. QUESTION: What increase in productivity is associated with the process improvement?
Chuck Sox makes wooden boxes in which to shipmotorcycles. Chuck and his three employees invest a total of40 hours per day making the 120 boxes.a) What is their productivity?b) Chuck and his employees have discussed redesigning the process to improve efficiency. If they can increase the rate to 125per day, what will be their new productivity?c) What will be their unit increase in productivity per hour?d) What will be their percentage change in productivity?
A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 20% with less material, but one additional worker required. Under the old process, five workers could produce 55 units per hour. Labor costs are $13/hour, and material input was previously $15/unit. For the new process, material is now $10/unit. Overhead is charged at 1.6 times direct labor cost. Finished units sell for $31 each. What increase in productivity is associated with the process improvement?
White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $150 per unit (labor, $30; materials, $70; and overhead, $50). The sales price is $300 per unit.a. To achieve a 10 percent multifactor productivity improvement by reducing materials costs only, by what percentage must these costs be reduced? b. To achieve a 10 percent multifactor productivity improvement by reducing labor costs only, by what percentage must these costs be reduced? c. To achieve a 10 percent multifactor productivity improvement by reducing overhead costs only, by what percentage must these costs be reduced?
If the insurance company can process 60 (10 percent) morepolicies per week, by what percentage will the productivitymeasure rise?2. Suppose the 8-hour day includes a 45-minute lunch. What isthe revised productivity measure, excluding lunch?3. If an employee is hired, what will be the weekly number ofpolicies processed if the productivity of five policies per houris maintained?4. Suppose that, during the summer, the company works for only 4days per week. What will be the weekly number of policies processed if the productivity of five policies per hour is maintained?
At Symbiotech, the output of a process is valued at $30 per unit. The cost of labor is $70 per hour including benefits. The accounting department provided the following information about the process for week 1: Units produced = 2,300, Labor ($) = 14,500, Material ($) = 22,700, Overhead ($) = 10,270. The multifactor productivity ratio for week 1 is: C. 4.76 A. 1.46 B. 0.049 D. 2.79
The following data was recorded last period for production department that under the management of Mr. Cobblepot. Budgeted labour hours = 2,700 hoursNumber of units of product X manufactured = 350 unitsNumber of units of product Y manufactured = 400 unitsStandard hours to produce one unit of X = 3 hoursStandard hours to produce one unit of Y = 4 hoursActual labour hours worked = 3,110 hours In order to measure the productivity of a labour , calculate the efficiency ratio ? show solution
The following data was recorded last period for production department that under the management of Mr. Cobblepot. Budgeted labour hours = 2,700 hoursNumber of units of product X manufactured = 350 unitsNumber of units of product Y manufactured = 400 unitsStandard hours to produce one unit of X = 3 hoursStandard hours to produce one unit of Y = 4 hoursActual labour hours worked = 3,110 hours In order to measure the productivity of a labour , calculate the capacity ratio ? Show solution
gift-wrapping business is staffed by Kaitlyn, Rob, Sam, Susan and Sarah. The production by each of these staff members for an average eight-hour work day is as follows: Jared Bob Sammy Janet Emily 64 packages 55 packages 52 packages 52 packages 48 packages What is Jared productivity? 8 hours/package 8 packages/hour 8 8 packages If expected productivity is to spend 10 minutes per package, what is Jareds efficiency? 1.3333 or 133.33% 6 packages/hour 8 packages/hour 0.75 or 75%
Tribal Systems, Inc., is opening a new plant and has yet todecide on the type of process to employ. A labor-intensiveprocess would cost $10,000 for tools and equipment and$14 for labor and materials per item produced. A more automated process costs $50,000 in plant and equipment buthas a labor/material cost of $8 per item produced. A fullyautomated process costs $300,000 for plant and equipmentand $2 per item produced. If process selection were basedsolely on lowest cost, for what range of production wouldeach process be chosen?
3. Mr. John produces a special type of shoes on an assembly line. The process involves eight different tasks. Mr. John would like to increase productivity on this line and asked you for some assistance. He would like to balance the assembly line in order to reduce idle time and increase efficiency. a. What information would you need in order to demonstrate to Mr. John how to balance the assembly line?b. Setup an example that will be used to demonstrate to Mr. John how to balance the line.c. Using the example that you setup in “b” above, demonstrate to Mr. John how to balance the line using the LOT heuristics.d. Based on the example above, calculate the efficiency of the line.
True or false: 1.The six M's in input are transformed into the right output through a highly productive system. 2.The final output, which come in the form of goods or service, must carry all the features and attributes that customers are looking such as quality expection, price expectation, and price expectation. 3.Production management involves the managerial decisions regarding design or the product nd design of the production system. 4.Machines are the input that must be converted to the final output. 5.Manpower enables the transformation process to operation by manning the machines or rendering the services required.

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