John makes wooden boxes in which to ship motorcycles. John and his three employees (4 workers total) each work 10 hours a day to make a combined daily total of 120 boxes. 1a) What is the labor productivity at John's company as measured by number of boxes per hour per worker? Collins Tile Company has a staff of 5 working 8 hours a day at $20 per hour, and they have overhead expenses of $100 per day. Collins produces 600 tiles per day using $300 worth of materials. 2a) What is the multifactor productivity in terms of tiles per dollar? 2b) If the tiles were sold for $10 each, what is the multifactor productivity in terms of dollars produced per dollar invested? The Widgets-R-Us Co. produces glass widgets. The plant is designed to produce 60 widgets per hour, and there is one 10-hour shift per working day. However, with scheduled breaks and needed setups taking about 15 minutes each hour, the plant can only effectively produce 45 widgets per hour for the 10 hours. As it happens, the plant produces 300 widgets per day. Answer the following: 3a) What is the design capacity of the plant in widgets per day? 3b) What is the effective capacity of the plant in widgets per day? 3c) What is the efficiency ratio of the plant? 3d) What is the utilization ratio of the plant?
John makes wooden boxes in which to ship motorcycles. John and his three employees (4 workers total) each work 10 hours a day to make a combined daily total of 120 boxes. 1a) What is the labor productivity at John's company as measured by number of boxes per hour per worker? Collins Tile Company has a staff of 5 working 8 hours a day at $20 per hour, and they have overhead expenses of $100 per day. Collins produces 600 tiles per day using $300 worth of materials. 2a) What is the multifactor productivity in terms of tiles per dollar? 2b) If the tiles were sold for $10 each, what is the multifactor productivity in terms of dollars produced per dollar invested? The Widgets-R-Us Co. produces glass widgets. The plant is designed to produce 60 widgets per hour, and there is one 10-hour shift per working day. However, with scheduled breaks and needed setups taking about 15 minutes each hour, the plant can only effectively produce 45 widgets per hour for the 10 hours. As it happens, the plant produces 300 widgets per day. Answer the following: 3a) What is the design capacity of the plant in widgets per day? 3b) What is the effective capacity of the plant in widgets per day? 3c) What is the efficiency ratio of the plant? 3d) What is the utilization ratio of the plant?
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Transcribed Image Text:Use the Excel files on the course website or a calculator as needed to solve the following problems.
1. John makes wooden boxes in which to ship motorcycles. John and his three employees (4 workers total) each work
10 hours a day to make a combined daily total of 120 boxes.
1a) What is the labor productivity at John's company as measured by number of boxes per hour per worker?
2. Collins Tile Company has a staff of 5 working 8 hours a day at $20 per hour, and they have overhead expenses of
$100 per day. Collins produces 600 tiles per day using $300 worth of materials.
2a) What is the multifactor productivity in terms of tiles per dollar?
2b) If the tiles were sold for $10 each, what is the multifactor productivity in terms of dollars produced per
dollar invested?
3. The Widgets-R-Us Co. produces glass widgets. The plant is designed to produce 60 widgets per hour, and there is
one 10-hour shift per working day. However, with scheduled breaks and needed setups taking about 15 minutes each
hour, the plant can only effectively produce 45 widgets per hour for the 10 hours. As it happens, the plant produces
300 widgets per day. Answer the following:
3a) What is the design capacity of the plant in widgets per day?
3b) What is the effective capacity of the plant in widgets per day?
3c) What is the efficiency ratio of the plant?
3d) What is the utilization ratio of the plant?
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