Explain what is the multifactor productivity of the plant, Operation Management

Assignment Help:

An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which allows for 3 separate 8 hour shifts. a. If a worker can produce 10 parts/hour, how many workers are needed on each shift? b. If each shift has 100 workers, what is the productivity of an individual worker? c. If material costs are $10/part, capital costs are $100,000 and labour costs are $10/hour, what is the multifactor productivity of the plant from part A?


Related Discussions:- Explain what is the multifactor productivity of the plant

Explain interference with economic, Martin decides to begin raising goats o...

Martin decides to begin raising goats on his property for personal consumption of their milk and meat. Unfortunately Martin's goats frequently prefer to each the rich green grass a

Role of production planning and control, Role of Production Planning and Co...

Role of Production Planning and Control in Operation Management Operations are at the centre of the diagram in figure given below because they are the dynamic doing elements o

Introduction to the operations function, Introduction to the Operations Fun...

Introduction to the Operations Function Firstly, consider the economy where gross domestic product (GDP) has been subdivided into its major divisions which are agriculture, ma

Data show that women earn only following, Data show that women earn only---...

Data show that women earn only----------------cents per dollar earn by men/1.68 cents/2.75 cents/3 50 cents/4 95 cents/4/ 95 cents/5 90 cents/ which is the correct answer for this

Explain evolution of the supply chain concept, What is the relationship bet...

What is the relationship between the growth in worldwide competition and the evolution of the supply chain concept?

Explain economic crisis, Assume that you own a very upscale restaurant (thi...

Assume that you own a very upscale restaurant (think shearwater at the hotel Del Coronado or the grant grill at the us grant hotel). Business has fallen off greatly at your restaur

Management, AskIntroduction The present taxation law case deals with the I...

AskIntroduction The present taxation law case deals with the Individual named James Cookie (‘James’) who is a ships officer and employed by the corporation Sails International Inc

Discuss pressure for change originates in the environment, Noted organizati...

Noted organization theorist said, "Pressure for change originates in the environment: pressure for stability originates within the organization." Do you agree? Discuss

Problems that can plague groups as organizations is groupth, One of the rec...

One of the recognized problems that can plague groups and organizations is groupthink. Do some research on the groupthink phenomenon? What is it? When does it occur? What are some

Explain how to perform a swot analysis, Watch the video, How to Perform a S...

Watch the video, How to Perform a SWOT Analysis, and then conduct a SWOT analysis using the Starbucks' Global Quest 2006: Is the Best Yet to Come? case provided in the Course Mater

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