What is the labor productivity per labor hour for the tires

Assignment Help Microeconomics

Reference no: EM131802033

Question: 1. You manage a casting company that produces bronze valves on a 10 person assembly line. You produce 160 valves on an 8 hour shift.

a. Calculate the productivity of the line.

b. You change the layout to increase production to 180 valves on an 8 hour shift. What is the new labor productivity per hour.

c. What is the percentage of productivity increase?

2. You produce 1000 bicycle tires per day with the following resources:

Labor	400 hours per day @ $12.50 per hour
Raw material	20,000 lbs per day at $1 per lb
Energy	$5,000 per day
Capital Costs	$10,000 per day

a. What is the labor productivity per labor hour for these tires?

b. What is the multifactor productivity for these tires?

c. What is the percent change in multifactor productivity of you can reduce your energy bill by $1,000 per day without changing other inputs.

Reference no: EM131802033

Questions Cloud

Compute the activity-based overhead rates : Compute the activity-based overhead rates for these three cost pools

What does managing diversity mean : What does "managing diversity" mean? Discuss the components of a diversified workforce?

What does it mean to say that hrm plays a strategic role : What does it mean to say that HRM plays a strategic role in driving organizational performance?

What characteristics contribute to dissatisfaction : What level of product dissatisfaction should a marketer be content with in attempting to serve a particular target market?

What is the labor productivity per labor hour for the tires : You manage a casting company that produces bronze valves on a 10 person assembly line. You produce 160 valves on an 8 hour shift.

What is the final amount in cash : How does credit impact this balance sheet? Does credit influence change in cash? What is the final amount in Cash

Describe which theory of fashion leadership : Describe which theory of fashion leadership is responsible for this fashion.

What is the authors main argument : What is the author's main argument? How does he support his main argument (evidence, ancillary arguments, etc.)? Do you agree or disagree with him?

Why should organizations help individuals manage stress : Why should organizations help individuals manage stress? Isn't stress the individual responsibility?

User Account

All Pages