fikile furnishers manufactures wooden tables for local market. outputs= 678 500. number of workers employed 30. working hours per day= 7.5. working day per annum= 245. material cost (in Rands)= 175 000 calculate the multifactor productivity
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fikile furnishers manufactures wooden tables for local market. outputs= 678 500. number of workers employed 30. working hours per day= 7.5. working day per annum= 245. material cost (in Rands)= 175 000
calculate the multifactor productivity
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- A manufacturer Rossu ltd. produces 25000 units of pillow covers by using around 2700rupees of labour input and capital input of about rs.4556. Calculate the multi factor productivity of the Rossu ltd . ?Read the following strategies and write which department would probably favor them and why. 1. a factory working at full capacity 2. a large advertising budget 3. a large sales force earning high commission 4. a standard product without optional features 5. a strong cash balance 6. a strong market share for new products 7. generous credit facilities for customers 8. high profit margins 9. large inventories to make sure that products are available 10. low research and development spending 11. machines that give the possibility of making various different products 12. self-financing (using retained earnings rather than borrowing)One Stop Car Repairs One Stop Car Repairs is a very popular mechanic shop that caters for Japanese, American and Europeanvehicles. It is located on the outskirts of the capital where the level of economic activities is fairly high.At the garage, mechanics replace vehicle parts, change oils, wash engines, clean the interior align wheel,repair transmissions etc. The garage stocks parts that are used in its operations on a regular basis. This hasits advantages and disadvantages to the business. The Operations Manager has to ensure that not toomuch of the company’s funds are tied up in stock. Therefore, it is very important that the most accurateforecasts are done. The company collects data on the actual demand for its services and uses this data tomake forecasts. The actual number of transmissions that were repaired for the last ten periods are asfollows:-Period Transmissions repaired1 362 333 404 415 406 557…
- 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 R5002.3 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?Q1. In a _________ layout, a manufacturer arranges workers and equipment according to the sequence of operations. a. process b. product or line c. fixed position d. functionalQ2. One important characteristic of Web surfers is that they are patient. a. true b. falseQ3. When financing a business startup with angel financing, entrepreneurs should remember that: a. angels are most likely to finance startups in the $5 to $10 million range. b. angels are willing to wait no more than two years to “cash out” their investments and expect to earn at least 60 to 75 percent returns annually. c. angels usually invest their money locally, so it is wise to look close to home for them – usually within a 50-to 100-mile radius. d. All of the above.Q4. When a speaker sends conflicting verbal and nonverbal messages, listeners are most likely to believe a. the verbal message b. the nonverbal message c. neither one d. none of the above.Q5. The average success rate of joint ventures is…Student tuition at Boehring University is $180 per semester credit hour. The state supplements school revenue by $80 per semester credit hour. Average class size for a typical 3-credit course is 50 students. Labor costs are $4,200per class, materials costs are $18 per student per class, and overhead costs are $24,000 per class. The multifactor productivity ratio currently is 1.34and the labor productivity ratio is $174.11per hour if the instructors work on an average of 14 hours per week for 16 weeks for each 3-creditclass of 50 students. Coach Bjourn Toulouse led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the Big Red Herrings to winning form. Because of the current state of the program, Boehring University fans are unlikely to support increases in the $192 season ticket price. Improved recruitment will increase overhead costs to $35,000per class section from the current $24,000 per class section. The university's…