Multifactor productivity before and after the changes

Assignment Help Operation Management
Reference no: EM13808718

The Dulac Box plant produces wooden packaging boxes to be used in the local seafood industry. Current operations allow the company to make 500 boxes per day, in two 8-hour shifts (250 boxes per shift). The company has introduced some moderate changes in equipment, and conducted appropriate job training, so that production levels have risen to 300 boxes per shift. Labor costs average $10 per hour for each of the 5 full-time workers on each shift. Capital costs were previously $3000 per day, and rose to $3200 per day with the equipment modifications. Energy costs were unchanged by the modifications, at $400 per day. You have been asked to prepare a research paper that addresses the following elements:

  • What is the firm's multifactor productivity before and after the changes?
  • Why is it important to be aware of the productivity changes?
  • Analyze implications of changes in the parameters of the productivity calculation.
  • Evaluate application of productivity concept in terms of the firm's business operational goals and requirements.

Reference no: EM13808718

Questions Cloud

Draw a triangle with sides measuring : Draw a triangle with sides measuring 8, 12, and 14.4 units. With a protractor measure the angles. Then compute the angles trigonometrically.
Write a program that creates two string arrays : Write a program that creates two String arrays, one to store names of 5 boys and another to store names of 5 girls
Annotated bibliography instructions : Annotated Bibliography Instructions
What is the least risky security-portfolio be riskless : Would your portfolio be riskless? Explain. Now suppose the portfolio consists of $250,000 of 30-day Treasury bills. Every 30 days your bills mature, and you will reinvest the principal ($250,000) in a new batch of bills. You plan to live on the inves..
Multifactor productivity before and after the changes : What is the firm's multifactor productivity before and after the changes? Why is it important to be aware of the productivity changes? Analyze implications of changes in the parameters of the productivity calculation.
The current yield on santoss outstanding bonds : Santos energy has 9.5% annual coupon bonds outstanding with 15 years left until maturity. The bonds have a face value (FV) of $1,000 and their current market price (PV) is $1,111.76. what is the YTM on Santos’s bonds? What is the current yield on San..
Applications of goldratt theory of constraints : Read about key elements and applications of Goldratt's theory of constraints. Post, with explanation, at least 3 elements that you found most important and applicable to the company.
Leadership scores for both male and female managers : Calculate the mean, median, mode, variance, and standard deviation for the numeric data and construct a histogram, pie, or Stem-Leaf Display chart encompassing the mean leadership scores for both male and female managers.
Explain the type of nonrenewable energy resource : Explain the type of nonrenewable energy resource

Reviews

Write a Review

Operation Management Questions & Answers

  Elucidate how appropriate might a just in time inventory

Elucidate how appropriate might a just in time inventory system be for a product such as roller skates. Illustrate what opportunities are therefore Rollerblade managers to see themselves as selling services, instead of simply roller skates.

  How many items need to be counted each day

Lindsay Electronics, a small manufacturer of electronic of research equipment, has approximately 7,000 items in its inventory and has hired Joan Blasco-Paul to manage its inverntory.

  Compare and contrast the skills and context of traditional

Identifying and developing global leaders is a key concern for international companies. Compare and contrast the skills and context of the traditional / national manager with that of the international manager.

  Describe the balance scorecard and metrics drawn from this

a explain the balance scorecard and metrics drawn from this to create a metric for training.b explain the connection

  Communicating with a disaster survivor

1. When communicating with a disaster survivor whose English proficiency is limited, it helps to repeat information loudly and slowly.

  Describe key elements of the role that congress plays

Describe key elements of the role that Congress plays within the U.S. federal system, with particular focus on Congress' ability to reflect the will of the people. Support your argument with at least two concrete examples.

  North monroe street in quincy is fairly steady

During the day, the traffic on North Monroe Street in Quincy is fairly steady, but the traffic conditions can vary considerably from one hour to the next due to slow drivers and traffic accidents

  Presentation on the topic of appreciative inquiry

Power point presentation on the topic of Appreciative Inquiry, covering what it is, why it is now a new model, concerns and advantages, and your perspectives on this approach.

  Field knocking on doors-visiting businesses or holding sales

_____ is the type of retailing focused on selling goods and services by employing personal selling representatives that work in the field knocking on doors, visiting businesses, or holding sales events.

  What characteristics make good or effective global managers

What characteristics make good/effective global managers. What characteristics make bad/ineffective global managers

  What hazardous situations are you and team facing

What hazardous situations are you and your team facing? If you need to, you can differentiate these situations depending on the punctured drum being a strong oxidizer, strong acid, or strong base. Develop a brief priority list and a brief action l..

  Respond to the given and comprise any materials requirement

space age furniture company the space age furniture company manufactures tables and cabinets to hold microwave ovens

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