Multifactor productivity, Operation Management

Assignment Help:
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 5 workers, who produced an average of 60 carts per hour. Workers receive $19 per hour, and machine cost was $30 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $10 per hour while output increased by 5 carts per hour.



Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. (Round your answers to 2 decimal places.)

Before carts/$1
After carts/$1

Related Discussions:- Multifactor productivity

Explain michael porter''s competitive forces model, Discuss Michael Porter'...

Discuss Michael Porter's Competitive Forces Model. Provide examples to illustrate your points.

Explain repetitive focus and mass customization strategies, Provide and exp...

Provide and explain three or more common elements and three or more differences between repetitive focus and mass customization strategies.

Determine the formula of the economic order quantity, Determine the formula...

Determine the formula of the Economic Order Quantity. The formula for Economic Order Quantity (EOQ): EOQ = √((2x C O x D)/(C H ) Here D = Annual demand (units)

Explain optimum batch production quantity, A job shop receives an order for...

A job shop receives an order for high precision formed parts. The cost of producing each part is approximately $20,000. The customer requires that either 4 or 5 good parts be suppl

I need excel backup to understand a problem, Need Excel backup to understan...

Need Excel backup to understand how to answer this question. Bob White leaned back and wiped his forehead with his hand. He was the president of the home oven division of Winkley &

Explain a popular concept in healthcare administration, A popular concept i...

A popular concept in healthcare administration these days is the service line. Let us put you in the CFO position for this question. For your own hospital, are you in favor of serv

Explain electronic information exchanges throughout firms, Of focus in any ...

Of focus in any HMIS is data compatibility, which includes the use of common codes and data definitions, specifically used for electronic information exchanges throughout the organ

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