Single factor and multi factor productivity

Assignment Help Operation Management
Reference no: EM132622391

Operations Management

Discussion Questions on Single Factor and Multi Factor Productivity

Question 1. John Lucy makes wooden boxes in which to ship motorcycles. John and his three employees invest a total of 40 hours per day making 120 boxes.
a. What is their productivity?
b. John and his employees have discussed redesigning the process to improve efficiency. If they can increase the rate to 125 per day, what will be their new productivity?
c. What will be their percentage increase in productivity and percentage change?

Question 2. Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of 3% increase in productivity. He as the following data representing a month from last year and an equivalent month this year:

 

Last Year

Now

Units produced

1000

1000

Labor (hours)

300

275

Resin (pounds)

50

45

Capital invested ($)

10,000

11,000

Energy (BTU)

3,000

2,850

Show the productivity percentage change for each category and then determine the improvement for labor-hours, the typical standard for comparison.

Question 3. Eric Johnson (using data from question 2) determines his costs to be as follows:
• Labor: $10 per hour
• Resin: $5 per pound
• Capital expense: 1% per month of investment
• Energy: $.50 per BTU
Show the percentage change in productivity for one-monthlast year versus one this year, on a multifactor basis with dollars as the common denominator.

Question 4. In December, General Motors produced 6,600 customized vans at its plant in Detroit. The labor productivity at this plant is known to have been 0.10 vans per labor-hour during that month. If 300 laborers were employed at the plant that month, how many hours did the average laborer work that month?

Question 5. David Upton is president of Upton Manufacturing, a producer of Go-Kart tires. Upton makes 1,000 tires per day with the following resources:

Labor

400 hours per day @ 12.50 per hour

Raw materials

20,000 pounds per day @ $1 per pound

Energy

$5,000 per day

Capital

$10,000 per day


a. What is the labor productivity per labor hour for these tires at Upton Manufacturing?
b. What is the multifactor productivity for these tires at Upton Manufacturing?
c. What is the percentage change in multifactor productivity if Upton can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?

Reference no: EM132622391

Questions Cloud

Discuss about business normally get a full credit : Business normally get a full credit for both the goods and services tax (GST) and /or harmonised sales tax (HST), and the provincial sales tax
State the cornerstone concept of governmental reporting : State the cornerstone concept of governmental reporting. Discuss whether you agree with this being the guiding principle of governmental reporting.
Describe the purpose of a literature review : During your readings and fieldtrips this week you have discovered that the literature review is an important first step in the nursing research process.
Explain an example of what type of fraud : Establishment, and moved to another town before the check was presented for payment at the local bank. This is an example of what type of fraud?
Single factor and multi factor productivity : Discussion Questions on Single Factor and Multi Factor Productivity - What will be their percentage increase in productivity and percentage change
What databases and what search criteria would you use : Discuss the specific steps you would use to conduct a literature review on that topic. What databases and what search criteria would you use, and why?
Describe role of the nurse in evidence-based nursing pratice : Please discuss and describe the role of the nurse in evidence-based nursing practice. Justify why the practice of nursing needs nursing research evidence.
How the transaction in matter should be treated : Provide a well- reasoned argument where you use the "new" definitions of elements and the recognition criteria as set out in the new Conceptual Framework
2.34812 Haematology Assignment : 2.34812 Haematology Assignment Help and Solution, University of Papua New Guinea - Assessment Writing Service - Outline the requirements of a safe work

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