The productivity of a bakery can be improved by Select one: a. decreasing number of baked loaves while holding the quantity of flour used steady b. decreasing the quantity of flour used while holding number of baked loaves steady c. increasing the quantity of flour used while holding number of baked loaves steady d. none of the above Efficiency is Select one: a. determined by how busy workers are b. related to how well resources are used c. measured by customer satisfaction d. related to whether process objectives are met
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A: The answer is as below:
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- As part of the Department of Labor Statistics, you are assigned the task of evaluating the improvement of small businesses. Data for one of the small businesses are shown below. The data are monthly average of last year and monthly average of this year. Last Year This Year Production (dozens) 1,500 1,500 Labor (hours) 350 325 Capital Investment ($) 15,000 18,000 Energy (BTU) 3000 2700 Labor: $10.00/hr. Capital: 6% per month of Investment Energy: $0.75 per BTU. Determine the labor productivity in labor dollars for last year and this year. Determine the multifactor productivity for last year and this year. Determine the percentage change in productivity for last year versus this year.The Wonderful Widget Company's earning have declined to the point where they need to reduce the number of employees from 1500 to 1440. Find the percent decrease in the company's workforce.Susan Williams runs a small Flagstaff job shop where garments are made. The job shop employs eight workers. Each worker is paid $8 per hour. During the first week of March, each worker worked 45 hours. Together, they produced a batch of 156 garments. Of these garments, 54 were 'seconds' (meaning that they were flawed). The seconds were sold for $100 each at a factory outlet store. The remaining 102 garments were sold to retail outlets at a price of $198 per garment. What was the labor productivity, in dollars per labor-hour, at this job shop during the first week of March? Labor productivity =______ dollars/labor hour (round your response to two decimal places). Please don't just send the answer, I need to know how to do this. Thanks
- Suppose that a car dealership wishes to see if efficiency wages will help improve its salespeople’s productivity. Currently, each salesperson sells an average of one car per day while being paid $20 per hour for an eight-hour day. a. What is the current labor cost per car sold? b. Suppose that when the dealer raises the price of labor to $30 per hour the average number of cars sold by a salesperson increases to two per day. What is now the labor cost per car sold? By how much is it higher or lower than it was before? Has the efficiency of labor expenditures by the firm (cars sold per dollar of wages paid to salespeople) increased or decreased? c. Suppose that if the wage is raised a second time to $40 per hour the number of cars sold rises to an average of 2.5 per day. What is now the labor cost per car sold? d. If the firm’s goal is to maximize the efficiency of its labor expenditures, which of the three hourly salary rates should it use: $20 per hour, $30 per hour, or $40 per hour?…Apple computers are interested in measuring productivity of all Apple's products with respect to all inputs be calculated. Keeping in mind that Apple produces a wide range of electronic products, such as, phone, laptops, smart watches, etc with different inputs, the productivity measure calculated is an example of single factor productivity: Oa Truc Ob FalseWhite Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $150 per unit (labor, $30; materials, $70; and overhead, $50). The sales price is $300 per unit.a. To achieve a 10 percent multifactor productivity improvement by reducing materials costs only, by what percentage must these costs be reduced? b. To achieve a 10 percent multifactor productivity improvement by reducing labor costs only, by what percentage must these costs be reduced? c. To achieve a 10 percent multifactor productivity improvement by reducing overhead costs only, by what percentage must these costs be reduced?
- 1. A small furniture shop that focuses on making kitchen chairs produces 20,000 kitchen chairs annually. The shop is considering purchasing a new sanding machine; the machine will enable the workers to produce 30,000 chairs annually. Should the furniture shop proceed with the purchase of the new machine? a. Yes, the new machine would increase the labor productivity by 25%. b. Yes, the new machine would increase the labor productivity by 50%. c. No, the new machine would decrease the labor productivity by 50%. d. No, the new machine would increase the labor productivity by 25%. 2. Recently, Samsung released their latest flagship product, the S20. Which of the following best describes this technological development? a. General Purpose Technology b. New Invention c. Product Innovation d. Process Innovation 3. Moss is a casual video gamer. He is always curious on how do bots work in video games and how are they designed. Bots…The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer. PLEASE SHOW WORK, SO I CAN UNDERSTAND THE STEPS. Unit Employees Customers Processed/Day A 4 36 B 5 40 C 8 60 D 3 20 Compute the labor productivity for each unit (Unit A, B, C, and D) Use an eight-hour day for multifactor productivity. Compute the multifactor productivity for each unit (Unit A, B, C, and D)A. What part of the organization has primarily responsibility for productivity? B. How is efficiency different than productivity?
- Assume you are Operations Manager in company, which produces furniture.A. Identify the nature of your output (Is it service or product?).B. Identify the degree of customer contact in the company (will it be high or low?). Explain.C. Identify how difficult or easy it would be for you to measure productivity in the furnitureproducing company. Explain.Determine the productivity growth (in percentage %) of a carpeting company after they use a mechanized carpeting compared to manual process: (a) manual process: 7 workers is able to complete the carpeting of 437 square meter area in 8 hours. (b) mechanized carpeting: Using machine the 7 workers complete 685 square meter area in 8 hours. Enter the final answer without the % symbol.Manufacturing cycle efficiency is an Example of Balanced Scorecard measure of the:a. Internal perspectiveb. Customer perspectivec. Learning and growth perspectived. Financial perspective