Explain percentage must materials cost be reduced, Operation Management

Assignment Help:

Merk, Inc., produces electronics component on an assembly line. The standard cost for the component is $105 (labor $15, materials $60, and other costs $30). The sellings price is $200. The company wishes to achieve a 5% increase in total factor productivity by reducing the materials cost only (with labor cost and other remaining constant.) By what percentage must materials cost be reduced to achieve this goal?


Related Discussions:- Explain percentage must materials cost be reduced

Explain expert role for human resource professionals, The functional expert...

The functional expert role for human resource professionals: Answer A) is concerned with looking out for the interests of management B) is concerned with providing inputs that help

Explain if the waitress sues the employer, 1. A company hires a file clerk ...

1. A company hires a file clerk but does not inquire into his criminal history. In fact, he has had several convictions for driving while intoxicated. On a lunch break, he gets dru

Explain testing your business perspective of a typical ie, Page maximum req...

Page maximum required for this question. This is testing your business perspective of a typical IE problem. Given that you have a starting standard time for a job of ninety (90) mi

Explain how many mocha latte coffees would be forecast, 4.31 Coffee Palace'...

4.31 Coffee Palace's manager, Joe Felan, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Joe has gathered the fol

Describe how it relates to this week''s topic, • This assignment is to take...

• This assignment is to take into consideration doing business in China. You are an American company wanting to expand into China. Your management has asked you to do a PowerPoint

Explain authority to make such an agreement, White, Fring, and Pinkman are ...

White, Fring, and Pinkman are partners in the operation of the A1A car wash. Without Fring's knowledge, White and Pinkman sold 10 percent of their interest in the business and its

Integrated solutions in product design, Integrated solutions in product des...

Integrated solutions in product design and control of machinery are based on    CAD and CAM technologies.

Explain what are the benefits of working for someone else, • What are the ...

• What are the challenges? What are the challenges of being an entrepreneur? What are the challenges of starting and building your own compan What are the benefits... •

Assuming these are the critical attributes for perfect order, An analysis o...

An analysis of order and shipment data shows that the order fill rate is 97.1% and ABBA collected the following data concerning customer service performance: Late delivery-5 per

Performance and productivity measurement, Task 1 Read: Chapter 7 of the cor...

Task 1 Read: Chapter 7 of the core learning material and supporting text chapters on Performance Measurement. Task 2 Investigate: Either investigate the performance measurement

Write Your Message!

Captcha
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