B: The Following information's about small factory (12 Marks).(O2,1) - 18,000 Units Produced - Sold for $13/unit - 25 workers - 450 labor hours - Labor rate: $7/hr - Cost of raw material = $15,000 - Cost of machine = $25,000 Find the following: 1- Labor productivity per worker. 2- Labor productivity per hour. 3- Multi factors productivity ( machine + material)

B: The Following information's about small factory (12 Marks).(O2,1) - 18,000 Units Produced - Sold for $13/unit - 25 workers - 450 labor hours - Labor rate: $7/hr - Cost of raw material = $15,000 - Cost of machine = $25,000 Find the following: 1- Labor productivity per worker. 2- Labor productivity per hour. 3- Multi factors productivity ( machine + material)

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter7: Planning And Goal Setting

Section: Chapter Questions

Problem 2ED

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Easy Electronics produces CD players using an automatedassembly line process. The standard cost of CD players is$139 per unit (labor, $28; materials, $66; and overhead, $45).The sales price is $275 per unit. a. To achieve a 12 percent multifactor productivity improve-ment by reducing materials costs only, by what percent-age must these costs be reduced?b. To achieve a 12 percent multifactor productivity improve-ment by reducing labor costs only, by what percentagemust these costs be reduced?c. To achieve a 12 percent multifactor productivity improve-ment by reducing overhead costs only, by what percent-age must these costs be reduced?
Steve is a marketing intern at Home-Style Cookies. One of Steve’s responsibilities is to set up a booth at assigned grocery stores to hand out cookie samples to increase sales. Last Monday, Steve handed out 800 samples in 8 hours. On Friday, Steve was training a new intern, Mike, and together they handed out 800 samples in 5 hours. Calculate the labor productivity for each day; provide your answers. For which day was the labor productivity higher? What are some possible reasons for the productivity differences?
Factors that may influence the measurement of productivity are a. quality. b. external elements, like the general state of the economy. c. definition of "productivity" in terms of what to measure. d. all of the above. e. all of the above except b.
Cost Control, Quality, and Productivity Each summer, the Harbour Report (www.oliverwyman.com/index.html) rates the productivity of the major automakers, including the “Detroit BigThree,” Toyota, Honda, and many other brands. The report is closely watched as a barometer of thefuture profitability of the firms. However, some have argued that the productivity reports are insufficient. For example, a company can temporarily raise its productivity by laying off or “buying out”employees. Also, some would argue that the focus on productivity fails to draw attention to otherkey strategic factors such as quality, design, and customer service. For example, the J.D. Powerorganization (www.jdpower.com/autos) rates the initial quality of many new cars.Required What do you think are the priorities for the auto companies: quality, productivity, customerservice, design, or some other key strategic success factor? Briefly explain your answer.
19 - What is the total productivity of the enterprise whose total production amount is 2000 units and the sum of the factors of production used is 2000 units? a) 4,000,000 B) 4000 NS) 0 D) one TO) 2000
The statement that best to describe the productivity challenge is, except. Group of answer choices a. increasing production equates to increasing efficiency. b. enhancing the outputs to inputs ratio in the manufacturing process is one of the operations manager's c. responsibilities. d. increases in production can help to raise the standard of life. e. impossible to determine whether the economy is in a downward trend.
32 - A hamburger factory produces 60,000 hamburgers each week. The equipment used costs $10,000 and will remain productive for four years. The labor cost per year is $13,500. What is the productivity measure of “units of output per dollar of input” averaged over the four-year period? 154 hamburgers/dollar 195 hamburgers/dollar 338 hamburgers/dollar 236 hamburgers/dollar
I need help filling out the rest of this chart and the formula ofr multifactor productivity. Total Units Total Units Productivity Change in Productivity 2019 2020 2019 2020 Change % Total Revenue (dollars) $1,000,000 $2,100,000 Labor Hours (hours) $12 $15 Materials (units) $5 $6 Capital Costs ($) $25,000 $40,000 Energy (kilowatts) $0.23 $0.23 Total Costs
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 @ $12.50 per hour Raw Material: 21,000 pounds per day @ $1.00 per pound Energy: $5,000 per day Capital: $10,000 per day a) Labor productivity per labor hour for these tires = 2.52.5 tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires = 0.02440.0244 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).
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…
Explain the meaning of the saying that productivity is a relative measure briefly .
Productivity should be a concern of every business organization.a. How is productivity defined?b. How are productivity measures used?c. Why is productivity important?d. What part of the organization has primary responsibility for productivity?e. How is efficiency different from productivity?