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 500 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 decimal place.

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 500 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 decimal place.

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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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. Select one: a. 3.33 O b. 2.67 O c. 4.44 O d. None is correct
An operation in a company has 25% scrap rate. It produces 2000 units in a seven-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 1 Rial per kilo. The overhead cost is 50 Cmuni Rials Calculate the Multifactor productivity (labor +raw material + overhead) Round to the nearest decimal place. Select one: O a. 254 O b. None is correct OC1.93 O d.339 O e04
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Problem : During a month, a machine runs for 600 hours. The machine was under breakdown for 60 hours. There was industrial unrest resulting in idle time of 60 hours. Assume 30 days months of 24 hours a day work. The maintenance workers are paid incentive as per the following details. Breakdown%. Incentive <5%. 100 5-10%. 50 7-11%. 0 (i) What is the incentive amount actually paid in the month? (ii) What is the overall productivity?
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The U.S. economy is becoming more and more service-based. The percentage of employment in manufacturing continues to decrease while the percentage employed in services continues to increase. However, it would be unwise to assume that manufacturing isn't important to the economy, or that service is more important. Let's see why. Not only is the percentage of manufacturing jobs decreasing, but the actual number of manufacturing jobs is also decreasing. There are two main reasons for the decline: increases in productivity, which means ewer workers are needed to maintain manufacturing output; and outsourcing, especially to countries that have much lower wages, an attractive option for companies seeking to maintain their competitiveness and boost their bottom lines. However, when companies outsource part (or in some cases, all) of their manufacturing to lower cost countries, the loss of jobs results in the loss of service jobs as well. Some are lost in the community in retail…