Compute the multifactor productivity measure

Assignment Help Operation Management
Reference no: EM13844254

Compute the multifactor productivity measure (output in sales dollars) for each week using the data provided below for the production of chocolate bars. Assume 45-hour weeks and an hourly wage of $14. Overhead is 2.5 times the total weekly labor cost. Material cost is $12 per pound. Standard price to sell is $200 per unit.

Week Output (units) Workers Material (lbs)

1 2,500 6 520

2 2,750 7 540

3 2,850 8 560

4 3,000 9 580

b) What do the productivity figures suggest? (What is the trend?)

Reference no: EM13844254

Questions Cloud

Differences between leader and manager : What then are the differences between a leader and a manager and why might a project manager need both skill sets?
Why is an international countrys culture important : Why is an international country's culture important when considering how to expand into that country’s marketplace? What additional plans must a U.S. based company consider before taking their product or service to global markets?
What is the optimal order quantity : Suppose that MW Inc. has a production rate of 450,000 units per year, and a daily demand of 1500 units on each working day (assume 250 working days per year). What is the optimal order quantity? How many units does the warehouse need to be able to ho..
What is the economic order quantity for the whatchamacallit : Your monthly demand for the Whatchamacallit is 20,000 units. You estimate that your fixed ordering cost is $450 and the annual holding cost percentage is 15%. You sell each Whatchamacallit for $80, and your profit margin is $50 per unit. Now suppose ..
Compute the multifactor productivity measure : Compute the multifactor productivity measure (output in sales dollars) for each week using the data provided below for the production of chocolate bars. Assume 45-hour weeks and an hourly wage of $14. Overhead is 2.5 times the total weekly labor cost..
Under process flowchart analysis-lean systems : Which of the following is not a step under process flowchart analysis? Which of the following is not true about lean systems? Which of the following statements is not true about ISO 9000? Analysis of material flows is different than analysis of infor..
Diligence conducted in choosing the erp vendor : Describe the environment under which the ERP system was being implemented. Was due diligence conducted in choosing the ERP vendor?
Analyze the concept of incentive pay : Analyze the concept of Incentive Pay. Contrast Incentive Pay with Traditional Pay systems. In your discussion include individual and group incentives, and performance criteria.
What is involved in setting the stage for compensation : What is involved in setting the stage for compensation? In your discussion include the concepts of traditional bases for pay, the roles of seniority, merit, and performance appraisal systems. Share information regarding the limitations of merit pay s..

Reviews

Write a Review

Operation Management Questions & Answers

  Discuss the importance of baseline

What is the difference between a task dependency and a task constraint? What is the importance of a baseline.

  How can differences in the cultures of two countries

How can differences in the cultures of two countries create ethical issues in our business operations? A key to answering this question is to first understand culture, particularly as we think about international operations. I need this referenced..

  Review the project management email

Review the Project Management email. Write an email response in which you address the following points:

  Find out the optimal assignment of taxis to customers

The distances in miles from the waiting taxis to the customers are given in the subsequent table. Find out the optimal assignment of taxis to customers so as to minimize total driving distances to the customers.

  What is the eoq for raspberry syrup

What is the EOQ for raspberry syrup? If Meyer orders the EOQ quantity each time, what will be the inventory turnover rate for raspberry syrup?

  Compute the net requirement for each time

on-hand inventory levels for each item as shown in the table below and assuming zero lead times for all items A, B, C, D, and E, compute the net requirement for each time.

  Illustrate what is the reliability of the engine

Dell Computer's use of information systems to improve efficiency also implement "mass customization" techniques to maintain consistent profitability also an industry lead illustrates which business objective.

  Project performance and status report

Prepare an 8-10-page report in Word. This report should include a project history of your recent Trillo Apparel Company District 4 Production Warehouse Move experience

  What forcast is the most accurate

develop exponential smoothing forecast for February through January next year c. Resolve problem b) with ? = 0.6 d. What are the MADs for models ( a),(b), and (c) e. What forcast is the most accurate?

  Sales of music stands at johnny ho''s music store

Sales of music stands at Johnny Ho's music store in Columbus Ohio over the past 10 weeks are shown in the table below

  What is the name of the first american penitentiary

What is the name of the first American penitentiary, which opened in the late 1700's in Philadelphia?

  Write a statement of work the project deliverables

Write a statement of work (SOW) describing the project deliverables and scope of the effort. You will need to make creative assumptions based on the outline provided in the scenario. The emphasis here is on demonstrating your understanding of the ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd