A garments manufacturing firmm produces high end fashion garments. The following is information about the inputs and outpns for one ul therlatest design. Calculate the followingsa Total measure productivitybMultifactor productivity based on Labor and EnergyUnits soldUnit priceLabor hours per unitWage rateTotal materialTotal energy1200AED 70012.5AED 15/ hour60% of price5% of price

Given- Units sold = 1,200 unitsUnit price = AED 700Labor hours per unit = 12.5Wage rate = AED 15…

Answered: A garments manufacturing fimm produces…

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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The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer.Unit EmployeesCustomersProcessed/DayA 4 36B 5 40C 8 60D 3 20a. Compute the labor productivity and the multifactor productivity for each unit. Use an eighthour day for multifactor productivity.
An air-conditioner factory makes three different types of air-conditioners: the ceiling type, the cassette type and the wall-mounted type. Weekly sales of each type are 2, 4 and 6 pieces, at a price of €350, €450, and €500 each, respectively. The ceiling typecan be assembled in 1.5 hours, the cassette type in 1 hour and thewall-mounted type in 45 minutes. Labour cost is €40 per hour andthe current factory’s multi factor productivity is 2.2. a) Calculate the average cost per air-conditioner based on cur-rent multifactor productivity b) Calculate labor productivity (in euro per hour) for each typeof air-conditionc) Where the company should focus its efforts, based (i) on thelabor productivity, and (ii) on average cost?
productivity is output per input.seed is technology.using HYV (high yielding crop variety)helps to produce moreProductivity = yield.e.g. rice yield rgeansthe quantity of rice per hectare of land.The land is an input. Rice crop seed.60 liters of milk per day.low yield of 2 or 3 is also there from localtraditional cow breeds.How does technology reduce costS toConsumers?
Given the following information, calculate the multifactor productivity in terms of revenue per multifactor cost. (In other words, use money in the numerator and denominator.)Units produced: 5,000Standard price: $30/unitLabor input: 500 hoursCost of labor: $25/hourCost of materials: $5,000Cost of overhead: 2x labor costA) State the formulaB) Determine the unit of measure for the numeratorC) Determine the unit of measure for the denominatorD) Calculate ProductivityD) Interpret the results
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer.Unit EmployeesCustomersProcessed/DayA 4 36B 5 40C 8 60D 3 20a. Compute the labor productivity and the multifactor productivity for each unit. Use an eighthour day for multifactor productivity.b. Suppose a new, more standardized procedure is to be introduced that will enable each employeeto process one additional customer per day. Compute the expected labor and multifactor productivity rates for each unit.
A furniture manufacturing company working on a 40 hour per week basis makes 100 chairs. The sales price is €70 each, and the company has the following costs:• Direct materials €700• Direct labor €300• Overhead €500a) Calculate the productivity of the company.b) What will be the new productivity if the company decides tomake 135 chairs per week?c) If the company decides to improve productivity throughmaterials costs reduction only, how much these costs mustbe reduced in order to achieve a 10 percent increase in totalproductivity?d) If the company repeats the same exercise as in (c) above, butthrough labour costs reduction, how much these costs mustbe reduced in order to achieve a 10 percent increase in totalproductivity?
TTCA Furniture a manufacturing company working on a 4-hour week makes 100 chairs. The sales price is R70 each andthe company has the following costs:Direct materials R700Direct labour R300Overhead R500 2.2 What will be the new productivity if the company decides to make 135 chairs per week? 2.3 If the company decides to improve productivity through materials cost reduction only, by how muchshould these costs be reduced to achieve a 10% increase in total productivity?2.4 If the company repeats the same exercise as in (c) above but through labour cost reduction only, by howmuch should these costs be reduced to achieve at 10% increase in total productivity?
rocktech was founded in 2022 as a local tradiional business specilizing in the design ans manufatureof exclusive tableware(sets of plates, bowls, cups, etc) which is sold directly to the hotel and resturant industry ans also to individual consumers. Rocktech has stuck to its traditional processes ans from the beggining the company created a reputation for manufacturing tableware of the highest quality which it orginally sold to wealthy individuals. For many years tocktech tableware was used at dinner tables in sophisticated private houses ans the brand name became associated with an elegant lifestyle. However new players have enteres the market ans rocktech is struggling to protect its share capital, as well as it brand popularity in today's cutthroat competition where the market has become increasingly saturated. analyse the various problems of rocktech and explain why it is facing these problems
1. Nasrin, Rashed and Tahmid run a Chocolate manufacturing company. Their productionruns 30-hour per week and they pay $6 per hour to their labors. Material cost is $3.5 per lbs.Machine productivity is 2.5 times weekly labor cost. Overhead is $300 per week. The weeklyproductivity figures are given below:Weeks Output (Units) Labors Material (lbs)1 1400 8 362 1500 9 343 1250 6 334 1300 7 35 a) Compute multi-factor productivity of machine and material for each of the monthsshown for their Chocolate manufacturing firm.b) Compute multi-factor productivity of Labor and Overhead for each of the months shownfor their Chocolate manufacturing firm.c) Compute total productivity measure for each of the months shown for their Chocolatemanufacturing firm.d) What do the productivity figures suggest? undefined
A company is able to produce 2,350 units of product A monthly. This level of production requires spending $1,000 on labor, $520 on materials, and $2,000 on overhead expenses. Calculate the multifactor productivity. Assuming the company can increase its production to 2,850 units, following an increase of materials expenses to $960, and labor expenses to 1,240. Is it worthy to increase the production level? Justify.
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.00 per hour Raw Material: 20,000 pounds per day @ $1.00 per pound Energy: $5,250 per day Capital: $10,000 per day a) Labor productivity per labor hour for these tires = 2.502.50 tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires = 0.02500.0250 tires/dollar (round your response to four decimal places). c) 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 = nothing% (enter your response as a percentage rounded to two decimal places). Note: calculate the new multifactor productivity to four…
Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one model, the Windy 2000.Units sold 1,217Sale price each $1,700Total labor hours 46,672Wage rate $12/hourTotal materials $60,000Total energy $4,000Calculate the productivity in sales revenue/labor expense

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