In a bank, 5 employees processed 20000 loan policies in 2020. They worked 8 hours per day, 6 days per week. Now calculate the year-to-date labor productivity.
Q: Calculate the Productivity for the following operations:Three employees process 600 insurance…
A: Productivity is the production efficiency of manufacturing products and services using different…
Q: snip
A: Productivity is generally defined as a ratio between the output and the inputs. In other words, it…
Q: calculate the productivity of the firm that produces beef products as it produces 6000 units in…
A: Productivity ability to manufacture the finished goods and services effectively and efficiently for…
Q: snip
A: No. of workers = 8 part-time workers Output = 2,010 meals Man hours = 6 hours
Q: Al Maha company produces 500 units in a ten-hour day by ó workers who use 400 kilos of raw…
A: The labour productivity is in the next step
Q: A fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant…
A: Hamburger = X Cheeseburgers =1.25X Chicken sandwich = 0.8X
Q: Cooling Fan Manufacturing started in year 2015. They spend $200,000 total cost to make the shipment…
A: Given data is Year 2015: Total cost = $200000 Selling price = $300000 Year 2020: Total cost =…
Q: C ompute the multifactor productivity measure for an eight-hour day in which the usable output was…
A:
Q: Apex Brothers builds birdhouses for its customers. The average birdhouse is priced at $30. Labor…
A: Step1: Calculating the value of labour productivity. We have,Labour productivity is the ratio of…
Q: Productivity can be measured in a variety of ways, such as labels, capital energy, material usage,…
A: From the above information, Pies= 24 Purchases= 100 per day Each bushel takes 3 labor hours. Daily…
Q: Calculate the multifactor productivity for this operation in fees generated per dollar of input.…
A: Productivity is the ability to manufacture products and services effectively and efficiently.
Q: Compute the partial productivity of the given - Output - 660000 rupees Human input -…
A: Output - Rs. 6,60,000 human input = Rs. 70,000 Capital input = Rs. 1,50,000 To be determined - The…
Q: An air-conditioner factory makes three different types of air-conditioners: the ceiling type, the…
A: A. Total revenue = sum of (units x price) Total revenue = (2*350 + 4*450 + 6*500) = euro 5500 Multi…
Q: The following table shows data on the average number of customers processed by several bank service…
A: Given data The following formula will calculate labor productivity
Q: 1. A textile company produces 30,000 rolls of textile per day. Labor cost was P8100 per day,…
A: Multifactor productivity is an economic performance indicator that compares the quantity of output…
Q: Hokey Min's Kleen Karpet cleaned 65 rugs in October, consuming the following…
A: Given values: Labor = 520 hours at $13 per hour Solvent = 100 gallons at $5 per gallon Machine…
Q: Tried and True Clothing has opened four new stores in col-lege towns across the state. Data on…
A: Labor Productivity means the hourly outcomes produced by laborers for an organization. It shows each…
Q: A company that processes fruits and vegetables is able to produce 1000 cases of canned peaches in 8…
A: Please refer next step for the answer
Q: The following table shows data on the average number of customers processed by several bank service…
A: Given , hourly wage rate is $25 overhead rate = 1.0 times labour cost and , material cost = $ 5 per…
Q: Human input - 30 % of energy input energy input - 11 % of output produced output - 6900000 Rupees…
A: Output = Rs. 69,00,000 Energy input = 11% of output i.e. Rs. 7,59,000 Human Input = 30 % of energy…
Q: Calculate the productivity for the following operations:a. Three employees process 600 insurance…
A: Productivity is the quantitative relationship of what we generate and use as a resource, i.e. the…
Q: Bear Lake Seafood produces 782 boxes of seafood per day. There are 3 working shifts, each is 5-hour.…
A: 782 boxes seafood per day 3 working shifts=5*3=15 hours 25 employs per shift Utility cost=$67
Q: If the labor productivity rate for a furniture company is 200% and the company makes 400 chairs per…
A: Labor productivity = 200% Output = 400 chairs
Q: As operations manager, you are concerned about being able to meet sales requirements in the coming…
A: Productivity can be stated as the process of calculating the outcomes or output per unit of insights…
Q: Calculate the partial productivity of the given - Output - 21000 rupees Human input -…
A: Productivity is the ability of the company or employees to produce the products and services…
Q: Hint: Recall that productivity is defined as the amnount of goods and services$ a worker can produce…
A: Given - Year Physical capital Labor force Labour hours Output 2018 40 20 900 7200 2019 120 40…
Q: A furniture manufacturing company working on a 40 hour per week basis makes 100 chairs. The sales…
A: Note:- We’ll answer the first three subparts of the question since the exact one wasn’t specified.…
Q: Compute the multifactor productivity measure for each of the weeks shown for production of chocolate…
A: Formula:
Q: Determine the multifactor productivity for the combined input of labor and machine timeusing the…
A: given, Output: 7,040 unitsInputLabor: $1,000Materials: $520Overhead: $2,000
Q: An operation has a 10 percent scrap rate. As a result, 72 pieces per hour are produced. What is the…
A: If there is 10% scrap, then 90% * (production + scrap) = 72 pcs/hr 0.90*(72+Scrap) = 72…
Q: Calculate the partial productivity of the given - Output - 57000 rupees Human input -…
A: Productivity = Output / Input Human Productivity = 57000/5000 => 11.4 Capital…
Q: Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000…
A: Given data is Output = 1000 tires per day Labor required = 400 hours/day Labor cost = $12.50/hr Raw…
Q: As part of a study for the Department of Labor Statistics, you are assigned the task of evaluating…
A: Multifactor productivity indicating the proportion between total output value and total input…
Q: A fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant…
A: Productivity = output / input = total units of output in a week in terms of hamburgers / total no.…
Q: Hokey Min's Kleen Karpet cleaned 85 rugs in October, consuming the following resources: 550 hours at…
A: Labour cost=550*17=$9350 solvent cost=100*5=$500 rental machine cost=$1100(22*50)
Q: Alyssa’s Custom Cakes currently sells 5 birthday, 2 wedding, and 3 specialty cakes each month for…
A: a. Total revenue for the month:5 cakes ×$50 per cake = $ 2502 wedding cake ×$150 per cake = $ 3003…
Q: A company that processes fruits and vegetables is able to produce 1000 cases of canned peaches in 8…
A: Old productivity= 1000/(8*4*2)= 15.625 New productivity= 15.625*1.15= 17.96875 Since output is same,…
Q: In December, General Motors produced 6,600 customized vans at its plant in Detroit. The labor…
A: Labor productivity = output / total man hours Total man hours = number of men x average hour…
Q: ALIBABA Ltd. is a firm in the area of Indah Permai. With standard equipment, the firm typically…
A: Small Introduction of Raw Materials The fundamental element of the processed or produced product is…
Q: Bear Lake Seafood produces 652 boxes of seafood per day. There are 3 working shifts, each is 7-hour.…
A: Find the given details below: Given Details: Production (output) 652 Boxes per day Working…
Q: Compute the partial productivity of the given - Output - 980000 rupees Human input - 20…
A: Output = Rs. 9,80,000 Human Input = 20% of Output i.e. Rs. 1,96,000 Capital input = 25% of human…
Q: A cook makes 300 hamburgers which is sold $5 each. According the accounting department reports that…
A: Below is the solution:-
Q: Calculate the partial productivity of the given - Output - 67320000 rupees Human input -…
A: Productivity is the ability of the company or employees to produce the products and services…
Q: A dressmaker manufactures fashionable clothing. In a specific week, employees worked 360 hours to…
A: Productivity = Output / Input Input = 360 hrs Output = (52*90) + (80*200) = 4680 + 16000 = 20680
Q: Many believe that productivity is the essence of operationsmanagement. Suggest reasons to support…
A: Productivity is the ratio of the output of any production process to the given input resources.…
Q: Calculate the partial productivity of the given - Output - 4620000 rupees Human input -…
A: output - Rs. 46,20,000 human input - Rs. 56,000 capital input - Rs. 1.10,000 To be determined -…
Q: What do we mean when we say productivity is a relative measure?
A: Productivity is a 'relative measure': Productivity can be measured by calculating the ratio of…
Q: This year, Druehl, Inc., will produce 57,600 hot water heaters at its plant in Delaware in order to…
A: Given information: Total water heaters per year (D) = 57,600 Hours worked per month (H) – 160 /…
Q: Given a bakery located opposite to your proposed service restaurant makes 1,500 loaves per month…
A: Labor productivity measures the hourly output of the economy of the country. It states the amount of…
Q: a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two…
A: Productivity is the relationship between the volume of the input and output that is calculated in…
Step by step
Solved in 2 steps
- Given a bakery located opposite to your proposed service restaurant makes 1,500 loaves per month with a labor productivity of 2.344 loaves per labor-hour. Calculate number of workers working there? (Hint: Each worker works 160 hours per month.)A caterer prepares 2,000 meals for a client’ company event consuming the following resources: Labor → 6 hours @ $20 per hour Materials → $8 per meal Beverages → $4 per meal What is labor productivity? What is the multifactor productivity? To produce 2,000 pieces of luggage, a leather goods firm spends $1,000 on labor and $500 on materials. What is productivity? If the firms can increase production to 2,200 pieces of luggage with the same labor and material cost, what is the productivity? What is the percentage change? If the labor cost is reduced to $800 and materials increased to $600, what is the productivity to produce 2,200 pieces of luggage? An accounting firm can produce 8 monthly reports in three 8-hour shifts. What is the productivity of this firm? If this firm hires two additional workers, what would be the productivity of this firm? What is the percentage of productivity gain?What is Dimitri's Productivity per Labor hour? He had 105 orders processed, he worked 8 hours, and his salary is $15 an hour. How do I also adjust his wage by hours worked?
- A dressmaker manufactures fashionable clothing. In a specific week, employees worked 360 hours to produce a batch of 132 garments, 52 of which were “second” (defective), which will be sold for $ 90 each in the store for factory sales. The remaining 80 garments will be sold to retail distributors at a price of $ 200 each. What is the labor productivity ratio?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/dollarOn a bakery assembly line, one of their delicious products are Spanish breads. In every eight-hour working day, they bake 800 Spanish breads. If production is boosted to 1,200 Spanish breads, productivity will improve by: 50% 67% 33% 35% 25% 35.
- Kleen Karpets cleaned 5000 square feet of rugs last month, consuming 400 hours of labor at $10 per hour, 100 gallons of solvent at $5 per gallon, and 20 days of machine rental at $25 per day. What is the multifactor productivity for the month as measured by square feet of rugs per dollar spent?A fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant counts a cheeseburger as equivalent to 1.25 hamburgers and chicken sandwiches as 0.8 hamburger. Current employment is i ve full-time employees who each work a 40-hour week. If the restaurant sold 700 hamburgers, 900 cheeseburgers, and 500 chicken sandwiches in one week, what is its productivity? What would its productivity have been if it had sold the same number of sandwiches (2,100), but the mix was 700 of each type?Lillian Folk is president of Lakefront Manufacturing, a producer of bicycle tires. Folk makes 1,200 tires per day with the following resources: Labor: 425 hours per day @ $12.50 per hour Raw Material: 20,000 pounds per day @ $1.00 per pound Energy: $5,000 per day Capital: $10,000 per day Labor productivity per labor hour for these tires = ___ tires/labor hour (round your response to two decimal places).
- Calculate the productivity for the following operations:a. Three employees process 600 insurance policies in a week. They work 8 hours per day, 5 days per week.b. A team of workers makes 400 units of a product, which is sold in the market for $10 each. The accountingdepartment reports that for this job the actual costs are $400 for labor, $1,000 for materials, and $300 foroverhead.okey Min's Kleen Karpet cleaned 85 rugs in October, consuming the following resources: Labor: 520 hours at $17 per hour Solvent: 125 gallons at $8 per gallon Machine Rental: 24 days at $75 per day a) Labor productivity per dollar = nothing rugs/dollar (round your response to four decimal places) b) Multifactor productivity = Rugs/dollar (round your response to four decimal places)A shoe factory produces 95,000 shoes each week. The equipment used costs $15,000 and will remain productive for three years. The labor cost per year is $16,000. What is the productivity measure of “units of output per dollar of input” averaged over the three-year period? Hint: Productivity = total units produced divided by the total labor cost plus total equipment cost