Calculate the efficiency of this shaft for the past month when 225 000 tons of rock were hoisted. 2.2 Calculate the productivity of employees per panel that produces 36 m2 per blast when 9 persons are required per panel.
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
QUESTION 2
No 2 Rock and Ventilation (RV) shaft of Deep Levels Gold Mining Ltd was designed to handle 255 000 tons of rock per month. The effective capacity of the mine is, however, only 245 000 tons of rock per month.
2.1 Calculate the efficiency of this shaft for the past month when 225 000 tons of rock were hoisted.
2.2 Calculate the productivity of employees per panel that produces 36 m2 per blast when 9 persons are required per panel.
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