Partial factor and total factor productivity, Operation Management

Assignment Help:

Consider - a small manufacturing company which produces high quality furniture has provided the following data: 

                                                               2000                            2001

Output: (cost of sales)                                $2.2m                          $3.5m

Inputs: 

Labour                                                      $1m                             $1.5m

Material and supplies                                   $0.8m                          $1.25m

Capital equipment depreciation                      $0.07m                        $0.48m

Compare all partial factor and total factor productivity for 2000 and 2001.

What conclusions do you draw?


Related Discussions:- Partial factor and total factor productivity

How is service separated from the person who gives this, How is service sep...

How is service separated from the person who provides the service? Services frequently cannot be separated through the person who gives the service: a. Every time the servic

Explain alternatives to maximize total annual return, How should the 2 mill...

How should the 2 million be allocated to each loan/investment alternatives to maximize total annual return?

Explain car rental agency that calculates rental charges, Create a project ...

Create a project for the local car rental agency that calculates rental charges. The agency that calculates $15 per day plus $0.12 per mile. Form: Use text boxes for the customer n

Explain furniture manufacturer can maximize its revenue, A furniture manufa...

A furniture manufacturer produces tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board f

Why is it vital for national health information management, Why is it impor...

Why is it important for national health information management organizations to agree on how to standardize paper and electronic medical forms?

Least cost methods, Least Cost Methods ( LCM): The NW corner rule describ...

Least Cost Methods ( LCM): The NW corner rule describe earlier consider only the availability and supply requirements in making assignments'. It take no according of the shipping

Calculate the expected value, C and S Metal company produces stainless stee...

C and S Metal company produces stainless steel pots and pans. C and S can pursue either of two distribution plans for the coming year. The firm can either produce pots and pans for

Explain what are the correlation coefficient, Mark Gershon, owner of a musi...

Mark Gershon, owner of a musical instrument dis-tributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 du

Explain about the managing inventory, Q. Explain about the managing invento...

Q. Explain about the managing inventory. Managing inventory (stock): Retailers buy stock or inventory and sell that to customers; that manufacturers buy raw material and ele

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