EBK OPERATIONS MANAGEMENT
EBK OPERATIONS MANAGEMENT
14th Edition
ISBN: 9781260718447
Author: Stevenson
Publisher: MCG COURSE
bartleby

Concept explainers

Question
Book Icon
Chapter 2, Problem 2.2CQ
Summary Introduction

To explain: The way which shows the increased productivity could be an alternative for H to increase prices if she likes to raise her profits and the way through which H could increase productivity.

Case summary: In the given case, H worked for F company for several years where the company had gone through many tough times. But with the companywide quality improvement program, the company improved its quality and productivity that increased its customer orders. And, therefore, it was shocking when H and her coworkers were removed from the job by the new CEO to downsize the company. Then, H tried hard to find a job but she did not find any job after passing several months. Her funds were depleted and she felt discouraged and demotivated. Then, she started mowing lawns for her neighbors to earn a little money. After some time, she started to work on the other few neighbors’ lawns. and, she then decided to go into her own business she left job hunting and was excited about being her own boss. initially, her business was slow but then she earned a better living from her business. she hired some part-time workers to assist her in lawn care business work.

Blurred answer
Students have asked these similar questions
Lillian Fok is president of Lakefront​ Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following​ resources:                                                                                                        ​Labor: 425 hours per day ​@ ​ $12.50 per hour Raw​ Material: 21,000 pounds per day​ @ ​$1.00 per pound ​Energy: ​$5,250 per day ​Capital: ​$10,250 per day Part 2 ​a) Labor productivity per labor hour for these tires​ = ?​tires/labor hour ​(round your response to two decimal​ places). Part 3 ​b) Multifactor productivity for these tires​ = ?​tires/dollar ​(round your response to four decimal​ places).
Explain how is productivity growth always good ?
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 ​@ ​ $12.00 per hour Raw​ Material: 20,000 pounds per day​ @ ​$1.00 per pound ​Energy: ​$5,250 per day ​Capital: ​$10,000 per day ​a) Labor productivity per labor hour for these tires​ = 2.50 ​tires/labor hour ​(round your response to two decimal​ places). ​b) Multifactor productivity for these tires​ = __   ​tires/dollar ​(round your response to four decimal​ places).
Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.