The weekly output of a fabrication process is shown below, together with data for labor andmaterial inputs. Overhead is charged weekly at the rate of $2,000 plus 0.5 times direct labor cost.Assume a 40-hour week and an hourly wage of $16. Material cost is $20 per foot. What is theaverage multifactor productivity for the week 1?Week1Output50000Number of Workers15Materials (Foot)3000

Productivity is the ability to produce the production services using some measures. In other words,…

Answered: The weekly output of a fabrication…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

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

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Student tuition at Boehring University is $150 per semester credit hour. The state supplements school revenue by $100 per semester credit hour. Average class size for a typical 3-credit course is 50 students. Labor costs are $4,000 per class, material costs are $20 per student per class, and overhead costs are $25,000 per class. What is the multifactor productivity ratio for this course process? If instructors work an average of 14 hours per week for 16 weeks for each 3-credit class of 50 students, what is the labor productivity ratio?
Student tuition at Boehring University is $150 per semester credit hour. The state supplements school revenue by $100 per semester credit hour. Average class size for a typical 3-credit course is 50 students. Labor costs are $4,000 per class, materials costs are $20 per student per class, and overhead costs are $25,000 per class. a. What is the multifactor productivity ratio for this course process? b. If instructors work an average of 14 hours per week for 16 weeks for each 3-credit class of 50 students, what is the labor productivity ratio?
can I get answer explained.A dentist charges patients $100 for teeth cleaning and pays his dental hygienists $15 per hour. (Assume the only workers are the dental hygienists and assume they always work an 8 hour day.) Overhead is charged at a daily rate of $200 plus ½ times the direct labor costs. Material costs are $20 per patient per visit.Given the weekly output below, what is the average multifactor productivity for this process for the entire week in terms of REVENUE per cost. (In other words, use money in the numerator and denominator.)?# of # of DentalDay Patients HygienistsMonday 8 1Tuesday 14 2Wednesday 15 2Thursday 25 3Friday 24 3A) State the formulaB) Determine the unit of measure for the numeratorC) Determine the unit of measure for the denominatorD) Calculate Productivity for each Day
Katrina Design has decided to experiment with two alternative manufacturing approaches, identified as MF and LI, for producing men’s fashions. The firm expects the total demand to be 20,000 suits. Management estimates the required input resources using the different manufacturing approaches are: Direct Materials(yards) Direct Labor(hours) MF 240,000 100,000 LI 180,000 120,000 The cost of direct materials is $10 per yard; the cost of direct labor is $26 per hour. Required: 1. Compute the partial operational productivity ratios for each of the production approaches. 2. Calculate the partial financial productivity ratios for each of the production approaches. 3. Compute the total productivity ratios for each of the production approaches. (For all requirements, round your answers to 4 decimal places.)
Partial Operational and Financial Productivity; Total Productivity Katrina Design hasdecided to experiment with two alternative manufacturing approaches, identified as MF and LI,for producing men’s fashions. The firm expects the total demand to be 20,000 suits. Managementestimates the required input resources using the different manufacturing approaches are:Direct Materials (yards) Direct Labor (hours)MF 240,000 100,000LI 180,000 120,000The cost of direct materials is $10 per yard; the cost of direct labor is $26 per hour.Required In your calculations, use 4 significant digits after the decimal point.1. Compute the partial operational productivity ratios for each of the production approaches. Whichapproach would you select based on the partial operational productivity ratios?2. Calculate the partial financial productivity ratios for each of the production approaches. Which approachwould you select based on the partial financial productivity ratios?3. Compute the total productivity…
gift-wrapping business is staffed by Kaitlyn, Rob, Sam, Susan and Sarah. The production by each of these staff members for an average eight-hour work day is as follows: Jared Bob Sammy Janet Emily 64 packages 55 packages 52 packages 52 packages 48 packages What is Jared productivity? 8 hours/package 8 packages/hour 8 8 packages If expected productivity is to spend 10 minutes per package, what is Jareds efficiency? 1.3333 or 133.33% 6 packages/hour 8 packages/hour 0.75 or 75%
Please do not give solution in image formate thanku. Great Southern Packing Company produces recyclable packing boxes. Currently, one production line produces 500 boxes using five workers on an 8-hour shift. Supposed that Great Southern Packing spends $20 per hour for each worker. The material cost is $4.5 per box, and there is an overhead expense of $500 per 8-hour shift. 1. Compute the labor productivity, using boxes per labor hour as the measure. 2. Compute the labor productivity, using boxes per dollar labor cost as the measure. 3. Compute the multifactor productivity. (round the number to two decimal places)
A company has two alternatives for meeting a customer requirement for 8,000 units of a specialty molding. If done in-house, fixed cost would be $345,000 with variable cost at $35 per unit. Alternative two is to outsource for a total cost of $80 per unit. Determine the break-even point. Round your answer to the nearest whole number. ______________ units Determine if they should make the item in-house or outsource it. Round your answers for total costs and savings to the nearest dollar. Total cost if done in-house: $ _____________ Total cost if outsourced: $ _______________ So, the company should do the work in house and save $_______.
What is the difference between waste management and waste prevention in the context of production and operations management? What is hidden waste? Explain, give an example. What is the concept of ‘zero waste business'?
A production line completes 27 blankets an hour. The time (standard minute value) to complete 1 blanket is 2 minutes. What is the line productivity? Express as a percentage. (100th place) & show your calculation.
The Vera Molding company has two alternatives for meeting a customer requirement for 9,500 units of a specialty molding. If done in-house, fixed cost would be $300,000 with variable cost at $40 per unit. Alternative two is to outsource for a total cost of $80 per unit. What is the break-even quantity? Round your answer to the nearest whole number. units Should the firm make the 9,500 units in-house or outsource? Firm should produce the molding .
Lori Cook produces “Final Exam Care Packages” forresale by her sorority. She is currently working a total of 5 hoursper day to produce 100 care packages.a) What is Lori’s productivity?

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