2. Compute the multifactor productivity measure for each of the weeks shown for production ofchocolate bars. Assume 40-hours work in a week and an hourly wage of $12. Overhead is 1.5times weekly labor cost. Material cost is $6 per pound. (on an excel file with shown formulas)田WeekOutput (units)WorkersMaterial (Ibs)130,00045033,600747032,200460435,4008.4803.

Productivity is the ability to the measurement of output production effectively and efficiently…

Answered: 2. Compute the multifactor productivity…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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4. (Ch10) A retailer experiences a seasonal demand pattern for its services. Labor requirements over a typical six-month period follow. Period Requirement 1 12 2 10 Costs associated with operations are as follows: Wages = $1,500 per worker per month Hiring cost = $1,500 per worker Layoff cost = $1,500 per worker 3 12 4 8 5 9 6 8 The current workforce level is 11 workers. Use the spreadsheet approach and the preceding data to answer the following questions. a. What is the total cost of the staffing plan, including the cost of regular wages, hiring, and layoffs using a chase strategy with hiring and layoffs, but no overtime? b. What is the total cost of the staffing plan, using a level strategy in which no overtime is allowed, and the undertime paid for? c. Suppose that overtime is allowed up to 25% of the regular-time capacity, and that overtime wages are 150% of the regular-time rate. What is the total cost of the level strategy with overtime and undertime that also minimizes…
2.9 A company wants to develop a level production plan. The beginning inventory is zero. Demand for the next four periods is given in what follows. a. What production rate per period will give a zero inventory at the end of period 4? b. When and in what quantities will back orders occur? c. What level production rate per period will avoid back orders? What will be the end- ing inventory in period 4? Period Forecast Demand Planned Production Planned Inventory 0 1 2 3 4 Total 9 5 9 9
Number of Pickers (per Hour) 0 1 2 3 4 5 6 7 8 9 Total Strawberry Output (Boxes per Hour) 0 5 10 14 17 19 20 20 18 15 Price of Total Strawberries Revenue (per Box) (per Hour) $2 2 2 2 2 2 2 2 2 2 $0 10 20 28 34 38 40 40 36 30 Marginal Revenue New Price of Product Strawberries $10 10 8 6 + NO + -4 -6 $4 4 4 4 4 4 4 4 4 4 New Total Revenue (per Hour) How many pickers would be hired at $12 an hour after the price change? picker(s) New Marginal Revenue Product
Information from Stellar Construction Group's first year of operations is available below: Sales in units 7,600 Production in units Manufacturing costs: Direct labor 9,000 $2.75 per unit| Direct material $5.00 per unit| Variable overhead $1.90 per unit Fixed overhead $90,000 SG&A costs: Variable Cost $5.00 per unit| Fixed cost $80,000 Sales price per unit $55 Create an income statement using absorption costing. Create a contribution margin income statement using variable costing .
When deciding to add capacity to a factory which of the following need be considered? a. Maintaining system balance. b. The frequency of capacity additions. c. Use of external capacity. d. Immediate product demand. e. All of the above except d.
1 Please ans all questions No plagiarised answer
= Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1.00 per pound $5,250 per day $10,250 per day a) Labor productivity per labor hour for these tires = Labor: Raw Material: Energy: Capital: tires/labor hour (round your response to two decimal places). a

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