Reference no: EM131427614
George Kyparisis makes bowling balls in his Miami plant. With recent increases in his cost, 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 maintiang the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year.
Units produced : Last year 1,500 Now 1,500
Labor (hours): Last year 300 Now 250
Resin (pounds) Last year 60 now 48
Capital Invested ($): last year 10,000 now 12,000
Energy (BTU): Last year 2,900 now 2,750
What is: Labor Productivity Change, Resin Productivity Change, Capital Invested Productivity Change ,Energy Productivity change (Show work for answers)
Evaluate the importance of the circular flow model
: ECON-160 Macroeconomics Assignment. Critically analyze and evaluate the importance of the circular flow model in an economy and use it to explain why the Gross Domestic Product equals Aggregate Expenditure and Aggregate income
|
What is the percent idle time of the worker
: A worker is currently responsible for tending two machines in a machine cluster. The service time per machine is 0.35 min and the time to walk between machines is 0.15 min. The machine automatic cycle time is 1.90 min. What is the percent idle time o..
|
Organization need to do to be in cultural compliance
: If a healthcare organization cannot recognize cultural values, it can be a devastation to the company and community. What does an organization need to do to be in cultural compliance? And is cross culture practiced in the area you live in or within t..
|
Global marketing consulting firm
: You work for a global marketing consulting firm. Concerned about the United States' negative balance of trade, a trade deficit, you are being asked to assist several clients in their lobbying efforts to increase the United States' exports to other co..
|
Labor productivity change and resin productivity change
: George Kyparisis makes bowling balls in his Miami plant. With recent increases in his cost, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. What is: Labor Productivity Change, Resin ..
|
Healthcare organization cannot recognize cultural values
: If a healthcare organization cannot recognize cultural values, it can be a devastation to the company and community. What does an organization need to do to be in cultural compliance? And is cross culture practiced in the area you live in or within t..
|
Courts used a presumption of prudence standard
: Previously in stock-drop cases, courts used a presumption of prudence standard, presuming investment of company stock in company pension plans to have been prudent and therefore valid, despite problems with the stock. But a recent Supreme Court case ..
|
Accommodate employees reasonable expressions
: Employers are required by law to accommodate employees' reasonable expressions of sincerely held religious beliefs. It is less clear to what extent employers are obligated to accommodate ethnic/cultural customs and practices.
|
Smartphone manufacturer that has several competitors
: Gadgetbug Inc. is a popular smartphone manufacturer that has several competitors. The company places a lot of emphasis on innovation to ensure that its products have the best features. Moreover, the company frequently upgrades its products so that th..
|