3. Compute the multifactor productivity measure for each of the weeks shown for proOduction o chocolate bars. What do the productivity figures suggest? Assume 40-hours work in a week and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound. Week Output (units) Workers Material (lbs) 1 30,000 6. 450 33,600 7 470 3 32,200 7 460 4 35,400 480
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- 2. Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hours work in a week and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound. (on an excel file with shown formulas) 田 Week Output (units) Workers Material (Ibs) 1 30,000 450 33,600 7 470 32,200 460 4 35,400 8. 480 3.1. Nasrin, Rashed and Tahmid run a Chocolate manufacturing company. Their productionruns 30-hour per week and they pay $6 per hour to their labors. Material cost is $3.5 per lbs.Machine productivity is 2.5 times weekly labor cost. Overhead is $300 per week. The weeklyproductivity figures are given below:Weeks Output (Units) Labors Material (lbs)1 1400 8 362 1500 9 343 1250 6 334 1300 7 35 a) Compute multi-factor productivity of machine and material for each of the monthsshown for their Chocolate manufacturing firm.b) Compute multi-factor productivity of Labor and Overhead for each of the months shownfor their Chocolate manufacturing firm.c) Compute total productivity measure for each of the months shown for their Chocolatemanufacturing firm.d) What do the productivity figures suggest? undefinedQ- ABC Company produces 10,000 units per month. The unit is sold in the market for $2. The labor costs the company $5,000 per month. The material to produce the required quantity costs them $1,000. The overhead cost for the company is $3,000. Calculate the multifactor productivity for the company.
- Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. Week Output (units) Workers Material (lbs) 1 29,000 8 440 2 34,000 9 490 3 31,000 3 510 4 41,000 8 610Compute the multifactor productivity measure for each of the four weeks shown forproduction of chocolate bars. Assume 40-hour weeks and an hourly wage of $16.Overhead is 1.5 times weekly labour cost. Material cost is $9 per pound.Week Output (units) Workers Material (lbs)1 30,000 5 4202 34,000 7 4803 31,000 7 4904 36,000 8 550= 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
- Lackey's, a local bakery is worried about increased costs- particularly energy. Last year's record can provide a fairly good estimate of the parameters for this year. Charles Lackey, the owner, does not believe things have changed much, but he did invest an additional $3,000 for modifications to the bakery's ovens to make them more energy efficient. The modifications were supposed to make at least 15% more efficient, but extra labor hours were required for workers to become familiar with the process changes. Lackey has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if modifications were beneficial. You have the following data to work with.An operation in a company produces 900 units in a ten-hour day. The units are produced by 6 workers who use 400 kilos of raw materials. Workers are paid 5 Omani Rials per hour; raw material cost is 0.5 Rial per kilo. The overhead cost is 60 Omani Rials. Calculate the labor productivity (per labor hour). O a. None is correct O b. 15 Oc 25 Od. 10Various financial data for SunPath Manufacturing for 2019 and 2020 follow. Output: Sales Inputs: Labor Raw Materials Energy Capital Employed Other Multiple Choice What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2019 and 2020? O O 10.39 -0.53 -2.88 2.33 2019 2020 $300,000 $330,000 43,000 51,000 9,000 262,000 6,000 -9.22 40,000 45,000 10,000 250,000 2,000
- As part of the Department of Labor Statistics, you are assigned the task of evaluating the improvement of small businesses. Data for one of the small businesses are shown below. The data are monthly average of last year and monthly average of this year. Last Year This Year Production (dozens) 1,500 1,500 Labor (hours) 350 325 Capital Investment ($) 15,000 18,000 Energy (BTU) 3000 2700 Labor: $10.00/hr. Capital: 6% per month of Investment Energy: $0.75 per BTU. Determine the labor productivity in labor dollars for last year and this year. Determine the multifactor productivity for last year and this year. Determine the percentage change in productivity for last year versus this year.The manager of a crew that installs carpeting has tracked the crew’s output over the past severalweeks, obtaining these figures:Week Crew Size Yards Installed1 4 962 3 723 4 924 2 505 3 696 2 52Compute the labor productivity for each of the weeks. On the basis of your calculations, what canyou conclude about crew size and productivity?B: The Following information's about small factory (12 Marks).(O2,1)- 18,000 Units Produced- Sold for $13/unit- 25 workers- 450 labor hours- Labor rate: $7/hr- Cost of raw material = $15,000- Cost of machine = $25,000Find the following:1- Labor productivity per worker.2- Labor productivity per hour.3- Multi factors productivity ( machine + material)