5. For the below scenario: a) Identify the single factor (labour) productivity ratios (peremployee) for the two weeks. b) Identify the multifactor productivity ratios for the twoweeks. c) What are the differences between the two productivity measures for eachweek?Number of Workers(per week)WeekWeek 1 (40 hrs)3Week 2 (40 hrs)2Note. Employees are paid $5 per hour.Number of PencilsMade (per week)1000900Material Costs (perweek)$200$300

productivity = output/input labor productivity = output/labor hours multifactor productivity =…

Answered: 5. For the below scenario: a) Identify…

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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A work group of 10 workers in a certainmonth produced 7200 units of output working 8hr/day for 22 days in the month. Determine thelabor productivity ratio using (a) units of outputper worker-hour and (b) units of output perworker-month. (c) Suppose that in the nextmonth, the same work group produced 6800units but, there were only 20 workdays in themonth. For each productivity measure in (a)and (b), determine the productivity index forthe next month using the prior month as abase.
Hokey Min’s Kleen Karpet cleaned 65 rugs in October, consuming the following resources: a) What is the labor productivity per dollar? b) What is the multifactor productivity?
A U.S company has two manufacturing plants, one in the United State and one in another country. Both produce the same item, eachfor sale in their respective countries. However, their productivity figures are quite different. The analyst thinks this is because the U.S. plant uses more automated equipment for processing, while the other plants uses a higher percentage of labor. Expalin how that factor can cause productivity figures to be misleading. Is there another way to compare the two plants that would be more meaningful?
1. a. Mention and explain the differences between single-factor productivity and multi-factor productivity. b. What is an example of when it is best to use each method, please explain with the calculations as well.
In December, General Motors produced 6,600 customized vans at its plant in Detroit. The labor productivity at this plant is known to have been 0.10 vans per labor-hour during that month. 300 laborers were employed at the plant that month. a. How many hours did the average laborer work that month? b. If productivity can be increased to 0.11 vans per labor-hour, how many hours would the average laborer work that month? Please show work. Thank you
1. Susan has a part-time business producing seasonal plywood yard ornaments for resale at local craft fairs and bazaars. She currently works 8 hours per day to produce 16 ornaments. a. What is her productivity? b. She thinks that by redesigning the ornaments and switching from use of a wood glue to a hotglue gun she can increase her total production to 20 ornaments per day. What is her new productivity? c. What is her percentage increase in productivity? 2. A firm cleans chemical tank cars in the Bay St. Louis area. With standard equipment, the firm typically cleaned 70 chemical tank cars per month. They utilized 10 gallons of solvent, and two employees worked 20 days per month, 8 hours a day. The company decided to switch to a larger cleaning machine. Last April, they cleaned 60 tank cars in only 15 days. They utilized 12 gallons of solvent, and the two employees worked 6 hours a day. (a) What was their raw material and their labor productivity with the standard equipment? (b)…
Lake Charles Seafood makes 500 wooden packingboxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant managers have decided to oper-ate three 8-hour shifts instead. The plant is now able to produce 650 boxes per day.a) Calculate the company’s productivity before the change inwork rules and after the change. b:) What is the percentage increase in productivity?c) If production is increased to 700 boxes per day, what is thenew productivity?
Hokey Min's Kleen Karpet cleaned 65 rugs in October, consuming the following a)What is the labor productivity per dollar?b) What is the multifactor productivity?
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.
Merrifield Post Office is evaluating the productivity of its mail processing centers. The centersdiffer in the degree of automation, the type of work that can be performed, and the skill of theworkers. Center 1 2 3 Pieces processed /hr 1000 2000 3000 No.of workers /hr 10 5 2 Hourly wage rate $5.50 $10 $12 Overhead rate /hr $10 $25 $50 a. Calculate the multifactor productivity for each center.b. A new processing machine is available for Center 3, that would increase the output to 5000pieces an hour at an additional overhead rate of $30 an hour. Should Merrifield install the newprocessing machine?
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes I ,000 tires per day with the following resources: a) What is the labor productivity per labor-hour for these tires at Lakefront Manufacturing?b) What is the multifactor productivity for these tires at Lakefront Manufacturing?c) What is the percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: a) What is the labor productivity per labor-hour for these tires at Lakefront Manufacturing? b) What is the multifactor productivity for these tires at Lakefront Manufacturing? c) What is the percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?

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