What is the average multifactor productivity

Assignment Help Operation Management

Reference no: EM131269435

The weekly output of a fabrication process is shown below together with data for labor and material inputs. Standard selling price is $125 per unit. Overhead is charged weekly at the rate of $1,500 plus .5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per foot. What is the average multifactor productivity?

A. 1.463

B. 1.457

C. 1.431

Reference no: EM131269435

Questions Cloud

What is the nature of the conflict : Discuss how to find a value (cost) for the time customers spend in line. The text uses numbers like $8.00 per hour or $25.00 per hour. Would your assessment of this value (as a customer) be different from your assessment (as a business manager)? How?..

Theory of narcissism impacting ceo compensation : There has been a lot of criticism of CEO and top management salaries and perquisites. Many believe the compensation of CEO's and other top managers in major companies is excessive. Read the article below and comment on the theory of narcissism impact..

Uncomfortable discussing ethical issues : Why are managers uncomfortable discussing ethical issues?

Used in simple queuing system : What are the possible queue disciplines that might be used in a simple queuing system? How many can you name? Have you ever been in a situation where FCFS was not used? Why was it implemented? Did it work? There is a fairness argument for FCFS, are o..

What is the average multifactor productivity : The weekly output of a fabrication process is shown below together with data for labor and material inputs. Standard selling price is $125 per unit. Overhead is charged weekly at the rate of $1,500 plus .5 times direct labor cost. Assume a 40-hour we..

Suggestions for improvement of person negotiation skills : Observe the negotiations that take place around you at work. Focus on one negotiation that appears typical for your organization. Describe your assessment of the effectiveness of both negotiators, their negotiating styles, and provide suggestions for..

Large innovative companies like in an individuals garage : Whether in large innovative companies like 3M or in an individual's garage, many products have made it all the way through research, patenting, design, and small production runs only to fail in the end. Think about books. If 400,000 are written annua..

Identify two companies that have used six sigma : What is Six Sigma and how did it start. Identify two companies that have used Six Sigma and report on their results. What other process improvement method can be used instead of Six Sigma, how do they differ?

Identify the top priorities issues : Identify the top priorities issues that Sony Music entertainment’s board should address. What can you recommend to Sony Music Entertainment’s Board to address the priorities that you have identified in question 6 above?

User Account

All Pages