Round cost of labor and target manpower

Assignment Help Operation Management
Reference no: EM131700357

Consider a process consisting of 3 resources. Assume there exists unlimited demand for the product.

Resource 1 has a processing time of 7 minutes per unit

Resource 2 has a processing time of 5 minutes per unit

Resource 3has a processing time of 7 minutes per unit.

All three resources are staffed by one worker and each worker gets paid $10 per hour.

Round "cost of labor" and "target manpower" to 2 decimal places. Round "average labor utilization" percent and "takt time" to 2 decimal places

a. What is the cost of direct labor? (per unit)

b. What is the labor content? (minutes per unit)

c. How much idle time does the worker at resource 3 have per unit? (minutes per unit)

d. What is the average labor utilization? (percent)

e. Assume the demand rate is 16 units per hour. What is the takt time? (minutes per unit)

f. Assume the demand rate is 16 units per hour. What is the target manpower? (minutes per unit)

Reference no: EM131700357

Questions Cloud

Prepare the journal entry to record the issuance of bonds : Park Corporation is planning to issue bonds with a face value of $2,017,000, Prepare the journal entry to record the issuance of the bonds
Important to the collective bargaining process : Also, why is it important to the collective bargaining process to differentiate between these types of topics?
Patrick does not have a claim for religious discrimination : Helen Baker suffers from a condition that causes her to have periodic severe headaches. There is no cure for the condition and her pain is managed
What management challenges is elon musk facing : What management challenges is Elon Musk facing as he prepares SolarCity to make its own solar panels?
Round cost of labor and target manpower : Round "cost of labor" and "target manpower" to 2 decimal places. Round "average labor utilization" percent and "takt time" to 2 decimal places
Identify the purpose of the icd coding system : Investigate the history of coding and identify the purpose of the ICD coding system. What is the significance of its use?
International management and cultural diversity : Identify and briefly describe at least five of the major challenges facing the global managerial worker. Support your answer by using an additional source.
Relationship between breach of duty and standard of care : What is the relationship between Breach of Duty and Standard of Care?
Appropriateness of social networking at work : Use concepts on how attitudes are learned to explain why younger and older Canadians have such different attitudes regarding the appropriateness

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

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 in hospitality enterprise

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..

  Managing operations and information

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..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

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

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

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.

  A make or buy analysis

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

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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