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 what is the annual cost for ordering item x, Item X is a standard i...

Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2,500 of item X, which costs $25 each. Storage cost

Describe american business management, Why has there been (and is still) su...

Why has there been (and is still) such strong opposition to the trade union movement by American business management?

Process of reengineering according to hammer and champy, Explain the proces...

Explain the process of reengineering according to Hammer and Champy. Hammer and Champy (1993) explained the process of reengineering as "the basic rethinking and radical redesi

What steps must to be taken to maximize the sales-price, Identify key gaps ...

Identify key gaps in planning for the exit. Provide recommendations on the exit strategy. Is the sale the right one? What steps ought to be taken to maximize the sales-price? What

Explain why is this qbe implementation so effective, Identify an Internet s...

Identify an Internet site that has a very effective Query-by-Example (QBE) implementation for complex queries (multiple simultaneous attributes/fields) to efficiently navigate amon

Explain statement is true with respect to job satisfaction, Which of the fo...

Which of the following statement is true with respect to job satisfaction and performance/ a. reward do not cause job satisfaction/ b. job satisfaction does not cause performance/

What are the financial institutions offer loans, After working for 30 years...

After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine

Explain decision making under uncertainty, Even though independent gasoline...

Even though independent gasoline stations have been having a difficult time, Susan Helms has been thinking about starting her own independent gasoline station. Susan's problem is t

Describe testing for honesty, "Testing for Honesty" Please respond to the f...

"Testing for Honesty" Please respond to the following: From the case study, determine what ideals, obligations, and effects must be considered in using psychological tests as pre-e

Explain scope for the improvement of the hr management, We, on behalf of In...

We, on behalf of Infovision feel that we could demonstrate certain improvement over our previous quarters. Our manufacturing productivity stands on a position of number two in the

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