The Buckeye Trampoline Shop produces one size of trampolines. Out of the 100trampolines that begin in production each month, only 75 percent pass inspection andare considered good enough to sell. The other 25 percent are scrapped due to qualityproblems that are identified after they have completed the production process. Eachtrampoline sells for $307. Each trampoline only requires 8 hours of labor becausemuch of the process is automated. Every employee works an average of 150 hoursper month. Employees are paid at $12 per hour, the materials cost is $60 pertrampoline, and overhead cost is $3,500.What is the multifactor productivity ratio for Buckeye Trampoline Shop? (Enter yourresponse rounded to one decimal place.)

For the given data, I would determine the multi-factor productivity ratio, here, given that Total…

Answered: employee works an average of 150 hours…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter12: Queueing Models

Section12.3: The Exponential Distribution

Problem 3P

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employee works an average of 150 hours per month. Employees are paid at $12 per hour, the materials cost is $60 per trampoline, and overhead cost is $3,500. What is the multifactor productivity ratio for Buckeye Trampoline Shop? (Enter your response rounded to one decimal place.)