a) Wang Ceramics makes ceramic pots for a chain of stores. The output and cost figures over the past two weeks are shown inthe table below. Labor costs is RM11/hour and materials costs are RM3.5/pound. Calculate multifactor productivity for eachweek.Week1.2Units of output42005000No. of workers4.Hours per wWeek per worker5254Materials (Ibs)570720

Productivity is the relationship between the volume of the input and output that is calculated in…

Answered: table below. Labor costs is RM11/hour…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Posey Ceramics makes ceramic vases for a chain of de-partment stores. The output and cost figures over the past four weeks are shown here. Labor costs $10 an hour, and materials are $4 a pound. Calculate the (a) labor produc-tivity (in hrs), (b) material productivity (in lbs), and (c) multifactor productivity for each week. Comment on theresults. Week 1 2 3 4Units of output 2000 4000 5000 7000No. of workers 4 4 5 6Hours per week per worker 40 48 56 70Material (lbs) 286 570 720 1000
A firm makes a ceramic vases for a chain of department store. The output plus cost figures are below. Labor cost is 20 per hour and material cost is 8 per kilogram. WEEK 1 2 3 4 OUTPUT 2000 4000 5000 7000 # OF WORKERS 4 4 5 6 HOURS/WEEK 40 48 56 70 KG. OF MATERIALS 128 256 324 450 A. Calculate the labor productivity for each week. B. Calculate the multi factor productivity for each week C. What is the percentage change between week 1 and, and week 3and 4.
1. Nasrin, Rashed and Tahmid run a Chocolate manufacturing company. Their productionruns 30-hour per week and they pay $6 per hour to their labors. Material cost is $3.5 per lbs.Machine productivity is 2.5 times weekly labor cost. Overhead is $300 per week. The weeklyproductivity figures are given below:Weeks Output (Units) Labors Material (lbs)1 1400 8 362 1500 9 343 1250 6 334 1300 7 35 a) Compute multi-factor productivity of machine and material for each of the monthsshown for their Chocolate manufacturing firm.b) Compute multi-factor productivity of Labor and Overhead for each of the months shownfor their Chocolate manufacturing firm.c) Compute total productivity measure for each of the months shown for their Chocolatemanufacturing firm.d) What do the productivity figures suggest? undefined
Compute the multifactor productivity measure for each of the four weeks shown forproduction of chocolate bars. Assume 40-hour weeks and an hourly wage of $16.Overhead is 1.5 times weekly labour cost. Material cost is $9 per pound.Week Output (units) Workers Material (lbs)1 30,000 5 4202 34,000 7 4803 31,000 7 4904 36,000 8 550
Tried and True Clothing has opened four new stores in col-lege towns across the state. Data on monthly sales volume and labor hours are given below. Which store location hasthe highest labor productivity? Store Annandale Blacksburg Charlottesville DanvilleSales volume $40,000 $12,000 $60,000 $25,000Labor hours 250 60 500 200
A cook makes 300 hamburgers which is sold $5 each. According the accounting department reports that in a restaurant the actual costs are $100 labor, $ 50 raw materials (souce, bread etc.) and $ 250 for ahead. Calculate multifactor productivity?
Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. What do the productivity figures suggest? Assume 40-hour weeks and an hourly wage of$12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound.Week Output (units) Workers Material (lbs)1 30,000 6 4502 33,600 7 4703 32,200 7 4604 35,400 8 480
An air-conditioner factory makes three different types of air-conditioners: the ceiling type, the cassette type and the wall-mounted type. Weekly sales of each type are 2, 4 and 6 pieces, at a price of €350, €450, and €500 each, respectively. The ceiling typecan be assembled in 1.5 hours, the cassette type in 1 hour and thewall-mounted type in 45 minutes. Labour cost is €40 per hour andthe current factory’s multi factor productivity is 2.2. a) Calculate the average cost per air-conditioner based on cur-rent multifactor productivity b) Calculate labor productivity (in euro per hour) for each typeof air-conditionc) Where the company should focus its efforts, based (i) on thelabor productivity, and (ii) on average cost?
1. Wonder-Tire Service completed 200 tire changes, 10 brake jobs, and 24 alignments in an 10-hour day with a crew of eight specialists. A brake specialist costs $14 per hour, a tire changercosts $6 per hour, and an alignment mechanic costs $16 per hour. The materials cost for a daywas $2200, and overhead cost was $600.a. What is the shop’s labor productivity if the retail price for each respective service is $70,$160, and $60?b. What is the multifactor productivity, if the crew consisted of two tire changers, 3 brakespecialists and 2 alignment mechanics ?
Barry’s Tire Service completed 100 tire changes, six brake jobs, and 16 alignments in an eight-hour day with his standard crew of six mechanics. A brake specialist costs $16 per hour, a tire changer costs $8 per hour, an an alignment mechanic costs $14 per hour. The materials cost for days was $2,000, and overhead cost was $500. What is the shop’s labor productivity if the retail price for each respective service is $60, $150, and $40? What is the multifactor productivity, if the crew consisted of two of each type mechanic
A cook makes 300 hamburgers which is sold $5 each. According the accounting department reports that in a restaurant the actual costs are $100 labor, $ 50 raw materials (souce, bread etc.) and $ 250 for ahead. Calculate multifactor productivity? (please detailed solutions)
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).

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table below. Labor costs is RM11/hour and materials costs are RM3.5/pound. Calculate multifactor productivity for e ek.