An operation in a company has 25% scrap rate. It produces 2000 units in a ten-hour day. The units are produced by 4 workers who use 400 kilos of raw materials. Workers are paid 5 Omani Rials per hour; raw material cost is 0.5 Rial per kilo. The overhead cost is 50 Omani Rials. Calculate the Multifactor productivity (labor +raw material + overhead). Round to the nearest two decimal places. O a. None is correct O b. 2.67 O c. 3.33 O d. 4.44

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...
icon
Related questions
Question
100%
An operation in a company has 25% scrap rate. It produces 2000 units in a ten-hour day. The units are produced by 4 workers who use 400 kilos of
raw materials. Workers are paid 5 Omani Rials per hour; raw material cost is 0.5 Rial per kilo. The overhead cost is 50 Omani Rials. Calculate the
Multifactor productivity (labor +raw material + overhead). Round to the nearest two decimal places.
Oa.
None is correct
ОБ. 2.67
О с. 3.33
O d. 4.44
Transcribed Image Text:An operation in a company has 25% scrap rate. It produces 2000 units in a ten-hour day. The units are produced by 4 workers who use 400 kilos of raw materials. Workers are paid 5 Omani Rials per hour; raw material cost is 0.5 Rial per kilo. The overhead cost is 50 Omani Rials. Calculate the Multifactor productivity (labor +raw material + overhead). Round to the nearest two decimal places. Oa. None is correct ОБ. 2.67 О с. 3.33 O d. 4.44
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Pricing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.