Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
expand_more
expand_more
format_list_bulleted
Question
Chapter 2, Problem 2.2Q
Summary Introduction
Interpretation:Multifactor productivity of each lab is to be calculated.
Concept Introduction:
Multifactor productivity represents the ratio, which relates output with the combined set of inputs.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
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?
In turaa ltd. the total no. of units produced are 234k and the labour input was 20% of output and materials input was 85% of labour input , calculate single factor productivity of each ?
send answer fast
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?
Chapter 2 Solutions
Practical Operations Management
Ch. 2 - Prob. 1DQCh. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Prob. 4PCh. 2 - Prob. 5P
Ch. 2 - Prob. 6PCh. 2 - Prob. 7PCh. 2 - Prob. 8PCh. 2 - Prob. 9PCh. 2 - Prob. 10PCh. 2 - Prob. 11PCh. 2 - Prob. 12PCh. 2 - Prob. 13PCh. 2 - Prob. 14PCh. 2 - Prob. 15PCh. 2 - Prob. 16PCh. 2 - Prob. 17PCh. 2 - Prob. 18PCh. 2 - Prob. 19PCh. 2 - Prob. 20PCh. 2 - Prob. 21PCh. 2 - Prob. 22PCh. 2 - Prob. 23PCh. 2 - Prob. 1.1QCh. 2 - Prob. 1.2QCh. 2 - Prob. 1.3QCh. 2 - Prob. 2.1QCh. 2 - Prob. 2.2QCh. 2 - Prob. 2.3QCh. 2 - Prob. 3.1QCh. 2 - Prob. 3.2QCh. 2 - Prob. 3.3QCh. 2 - Prob. 3.4Q
Knowledge Booster
Similar questions
- Discuss the requirements from an operations perspective ofcompeting on (a) quality, (b) cost, (c) flexibility, (d) speed, (e) innovation, and (f) service. Give examples of manufac-turing or service firms that successfully compete on each of the criteria listed.arrow_forwardother than quality, explain how the operations manager can use two competitive priorities to competearrow_forwardDescribe three Operations Management decisions NOT mentioned in the case that must be taken at One Stop Car Repairs. Should One Stop Car Repairs stock parts for vehicles? Why is it important for One Stop Car Repairs to forecast demand for its services?arrow_forward
- 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.)arrow_forwardOutsourcing involves external risks which the operations managers must consider, which of the following is NOT a risk brought by outsourcing? Group of answer choices a. increased employment levels b. logistics concerns expansionc. changes in facility requirementsd. quality control systems and manufacturing processes’ potential adjustmentsarrow_forward1. JJ Boutique has opened four new stores in college towns across the state. Data on monthly sales volume and labor hours are given below. Which store location has the highest labor productivity? 2. JJ Boutique’s accountant (from problem 1) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations. Store A pays the highest average wage at $5.70 an hour; Store B pays $5.50 an hour; Stare C $5 and Store D $4.50. The cost to rent store space is about $1,600 a month in Store A, $2,100 in Store B, $1,000 a month in Store C and $800 a month in Store D. Which store is most productive? 3. JJ Boutique is not sure it can keep all stores open. Based on multifactor productivity, which store would you close?arrow_forward
- As operations manager, you are concerned about being able to meet sales requirements in the coming months. You have just been given the following production report: JAN FEB MAR APR Units produced 2,340 1,840 2,840 3,040 Hours per machine 331 204 406 324 Number of machines 4 6 5 6 Find the average of the monthly productivity figures (units per machine hour). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Average productivity units per machine hourarrow_forwardDescribe three basic decisions that must be addressed in the design of operations systems. For each decision, what information do managers need to make that decision? What is Total Quality Management?arrow_forwardState how the long term capacity and the short term compacity considerations differ u ? Its from operations management subjects dont sent it to other subjects !!arrow_forward
- Problem No. 3 George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of 3% increase in productivity per year? He has the following data representing a month from last year and an equivalent month: LAST YEAR NOW Units produced 3,000 3,000 Labor (hours) 900 825 Resin (pounds) 150 135 Capital Invested ($) 30,000 33,000 Energy (BTU) 9,000 8,556 Show the productivity percentage change for each category and then determine the improvement for labor-hours, the typical standard for comparison.arrow_forwarda) Last week employees at Bluegill produced 46 chairs after working a total of 200hours. Of the 46 chairs produced, 12 were damaged due to a problem with thenew sanding machine. The damaged chairs can be discounted and sold for K250each. The undamaged chairs are sold to a department store retail chain for $700each.(i) What was the labor productivity ratio for last week? (ii) If labor productivity was $150 in sales per hour the previous week, whatwas the change in labor productivity as a percentage?b) In the bakery, the design capacity is 30 pies per day and effective capacity is 20pies per day. Currently, the bakery is producing 27 pies per day. What is thebakery’s capacity utilization relative to both design and effective capacity?arrow_forwardCollins Little Company has a staff of 4, each working 8 hours per day (for a payroll cost of $ 640 / day) and overhead expenses of $ 400 / day. Collins processes and closes on 8 files each day. The company recently purchased a computerized file search system that will allow the processing of 14 files per day. Although the staff, their works hours, and pay will be same, the overheads expenses are now $ 800 per day. Calculate and compare the labour and multifactor productivity in the old and new system.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
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
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.