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Wonder Makers, Inc. has the following data for the first two quarters of year 2018: Quarter 1, 2018 Quarter 2, 2018 Output: Sales 250,000 units sold at $10 per unit 270,000 units sold at $10 per unit Inputs: Labor 3,000 labor-hours at $15 per labor-hour 3,300 labor-hours at $15 per labor-hour Machine 4,000 machine-hours at $8 per machine-hour 5,000 machine-hours at $8 per machine-hour Raw Materials 3,500 pounds at $6 per pound 4,000 pounds at $6 per pound Energy 6,000 kWhs at $0.75 per kWh 6,500 kWhs at $0.75 per kWh Other Costs $2,000 $1,800 a. Calculate the labor productivities (expressed in sales dollars earned per labor-hour) in quarters 1 and 2. What is the percentage change in labor productivity from quarter 1 to quarter 2? b. Calculate the machine productivities (expressed in units sold per machine-hour) in quarters 1 and 2. What is the percentage change in machine productivity from quarter 1 to quarter 2? c. Calculate the material productivities (expressed inunits sold per dollarinvested in raw materials) in quarters 1 and 2. What is the percentage change in material productivity from quarter 1 to quarter 2? d. alculate the energy productivities (expressed in sales dollars earned per dollarinvested in.)
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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