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A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 5 workers, who together produced an average of 60 carts per hour. Workers receive $12 per hour, and machine cost was $40 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by 5 carts per hour. a. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity. (Round your answers to 2 decimal places.) Before carts per worker per hour After carts per worker per hour b. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. (Round your answers to 2 decimal places.) Before carts/dollar cost After carts/dollar cost c. Comment on the changes in productivity according to the two measures. (Round your intermediate calculations and final answers to 2 decimal places. Omit the "%" signs in your response.)
Research and describe the internal and external environments of 2 to 3 real-world companies using an environmental scan. Determine what competitive advantages each company has and what strategies each company is using.
Discuss the components of an effective sales ethics program and how a sales manager would go about creating one. Explain why an ethics program for a sales force might be more important than for other departments.
You expect your starting salary of $57,000 at the end of next year as a base amount to increase uniformly to a level of $114,000 by the end of 6 years, (a) Determine the value of the arithmetic gradient, G, and (b) construct the Cash Flow Diagram (CF..
Describe how the competitive compensation and benefits package will align with the HRM strategy.
In this hypothetical situation, you are responsible for shipping material that is measured as volumetric cargo – CBM, which stands for Cubic Meter, to be calculated as length X width X height. Also assume that you will get charged per Freight Ton. If..
An Italian company is considering expanding the sales of its cappuccino machines to the U.S market. As a result, the idea of a setting up a manufacturing facility in the U.S should be explored. Why APV model is better than NPV model for capital budge..
A customer joining the line selects a pizza by consulting the billboard, marks her selection on a customized form, and hands the form to one of several assemblers who produce the pizza.
Describe present moral also ethical issues faced by managers involving your selected topic. Explain how relationship among social issues also ethically responsible management practices related to your topic.
After each decision round, company managers should make a point of examining the information on p 2 of the Company Operating Report that concerns the company's profitability in the action camera segment in each geographic region because
Summer Tyme, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $3.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be ..
A manufacturing company produces a product for a customer. Without the customer’s knowledge the project manager puts a new designed handle on the product to prevent wear and tear. What is this called?
Explain three to four (3-4) potential effects of the failure of managers to develop a plan before executing major business-related decisions within their organizations. Provide an example of a time when something failed in your place of business due ..
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