Labour intensity - operations function, Operation Management

Assignment Help:

Labour Intensity - Operations Function

Labour intensity is defined as the ratio of the labour cost incurred to the value of the plant and equipment employed. It is important to bear in mind that it is a ratio. For example, a hospital might, at first sight, seem to be labour intensive, because of the numbers of doctors, nurses and support staff employed. However, because of the very expensive plant and equipment employed, the hospital has a low labour intensity ratio.


Related Discussions:- Labour intensity - operations function

As a result of testing 20, As a result of testing 20,00 electric bulbs manu...

As a result of testing 20,00 electric bulbs manufactured by a company it was found that the lifetime of the bulbs was normally distributed with a mean of life of 2040 hours with st

Sample schedule for conducting an assessment, Provide a brief introduction ...

Provide a brief introduction on all steps involved in Procurement process? 1. Purchase requisition or purchase Indent. 2. Floating the purchase enquiry/tender. 3. Receiving quot

Explain competitors seem strongest against google, Goggle's Strategy 2010: ...

Goggle's Strategy 2010: Which of the five competitors seem strongest against Google? Weakness? What is your assessment of overall industry attractiveness?

Explain why organizations need good measures, 1. Both Juran and Deming adv...

1. Both Juran and Deming advocated ongoing product development. In fact, Deming's introductory lecture to Japanese managers in 1950 contrasted the old way of product design-desi

Explain reliability required for each component equals, A new aircraft cont...

A new aircraft control system is being designed that must be 98.0% reliable. This system consists of three components in series. If all three of the components are to have the s

Solution to the transportation problem, A transportation problem can be sol...

A transportation problem can be solved by two methods using (a) simplex methods and(b) transportation method. We shall illustrate these with the help of an example. Exam

Experiments indicate which the change will lower the average, A bank has re...

A bank has recently taken over the billing function of a company. An agreement stipulates that the bank should process 99.2% of the bills within 4 hours. A study of the current pro

Describe transfer of training, Explain "transfer of training" Share your ex...

Explain "transfer of training" Share your examples of how/when this has happened? Question: suggest a name for online groccery store which has online delivery in 30mins?

What are the steps in the method study procedure, 1. What are the steps in ...

1. What are the steps in the method study procedure?  Answer: Select, record, examine, develop, install, maintain.

Explain shareholder activism, McDonald's Corporation, the world's largest f...

McDonald's Corporation, the world's largest fast-food restaurant chain, with 2010 revenues of $24 billion,has recently been on a "roll." Its shareholder value has more than doubled

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