Great order for special plastic lined military uniforms

Assignment Help Macroeconomics
Reference no: EM1332268

Operations Managment Using Operations to Compute

The Big Black Bird Company (BBBC) has a large order for special plastic-lined military uniforms to be used in an urgent military operation. Working the normal two shifts of 40 hours each per week, the BBBC production process usually produces 2,500 uniforms per week at a standard cost of $120 each. Seventy employees work the first shift and 30 the second. The contract price is $200 per uniform. Because of the urgent need, BBBC has authorized around-the-clock production, six days a week. When each of the two shifts works 72 hours per week, production increases to 4000 uniforms per week, but at a total cost of $144 each.

a. Did the labor productivity ratio increase, decrease, or remain the same? If it changed, by what percent did it change?
b. Did the multi-factor productivity ratio increase, decrease, or remain the same? If it changed, by what percent did it change?
c. Did the weekly profits increase, decrease, or remain the same?
d. Is it worth it?

 

Reference no: EM1332268

Questions Cloud

Assume you want to hedge million bond portfolio : Assume you want to hedge a $400 million bond portfolio with a duration of 4.3 years using 10- year Treasury note futures with a duration of 6.7 years.
Recruitment of women and minorities : As human resource officer, your assignment is to recruit talented women and minorities to fulfill the requirements to match community diversification.
Recapitalization and value of operations : Compute the number of shares to be repurchased. Supposing that the shares can be repurchased at the price that existed prior to recapitalization, what would be the share price following the recapitalization?
Explain online gambling : Explain Online gambling and What types of concerns do we need to think about with online gambling
Great order for special plastic lined military uniforms : The Big Black Bird Company (BBBC) has a great order for special plastic lined military uniforms to be used in an urgent military operation.
Explain online auctions : Explain Online auctions and what's to stop us from getting taken on either side of the fence
Illustrtae what situation in which both parties entering : Illustrtae what situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the contract.
Discussing technocrats : Discuss the term "technocrats"; Was Canada the appropriate starting point for their new approach on border security architecture?
Defining poor performance problems : Write the advantages and disadvantages of defining poor performance problems exclusively with quantitative data?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Determining market structure of selected company

Examination of the company for which you are currently working (or a company with which you are familiar). Answer the following questions regarding this company.

  Calculating and graphing the industry supply curve

Consider the table below the supply schedules for three competitive firms, each producing honey. These three firms make up the overall industry-Calculate the total industry supply at each price and fill in the table.

  Assume the price of every old edition microeonomic book

Assume the price of every old edition microeonomic book. Determine the values of B and T that maximize Sam's utility.

  Explain how supply and demand analysis is used to describe

Explain how supply and demand analysis is used to describe the extent to which taxes can be passed on to others.

  Effects of consumption in aggregate demand of economy

In recent years, consumption spending by households has accounted for about 70% of the total spending (aggregate demand) in the U.S. economy.

  Graphically representation of isoquant

Graph the isoquant that these calculations imply. Explain in very clear and complete terms why the isoquant has the shape that you observe.

  Compute the long-run impact of a permanent rise in money

Compute the long-run impact of a permanent rise in money supply versus a permanent tax cut.

  Calculation of profit maximizing price

A monopolist faces the demand curvep =11 - Q , where Q is measured in thousands of units. What is the monopolist profit maximizing price and quantity? What is the profit?

  Marginal rate of substitution either implies nor is implied

Prove that a diminishing marginal rate of substitution either implies nor is implied by diminishing marginal utility.

  Elucidate foreign demand for dollars

Elucidate foreign demand for dollars as well as the international value of the dollar.

  Macroeconomists position on trade deficits

The public tends to view trade deficits with alarm while macoreconomics claims that trade deficits can actually be usefull for the economy. Discuss the macroeconomists position on trade defilicts

  Economy aggregate supply and demand

Assume that the following information about the economy is correct. The potential GDP is 3 percent. Real GDP has fallen at a minus two percent rate in the last 12 months.

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