Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeksand an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimalplaces.)Week12Click here for the Excel Data FileWeek12Output (units)32,00037,00020,00038,00034WorkersMFP (Output/Total Cost)Material (169)470520400500

Multifactor productivity represents the performance of an organization by using various factors and…

Answered: 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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Information about Remarkable Corporation is as follows: Year 1 Year 2 Output (units) 50,000 50,000 Input quantities: Materials (pounds) 22,500 20,000 Labor (hours) 12,500 10,000 Input prices: Materials (per pound) $6 $7 Labor (per hour) $9 $10 What is the partial operational productivity measure for labor (rounded to decimal places) for Year 2? a. 1.67 b. 2.50 c. 5.25 d. 5.00
A cook makes 300 hamburgers which is sold $5 each. According the accounting department reports that in a restaurant the actual costs are $100 labor, $ 50 raw materials (souce, bread etc.) and $ 250 for ahead. Calculate multifactor productivity? (please detailed solutions)
A small manufacturing produces certain product at a labor cost of $ 10.00 and material cost of $15 per unit. The fixed charges on the business are $10,000 a month, and variable costs businesse are $10,000 a month, and variable costs besides costs of materials and labor are $8.00 per unit. The products are sold wholesale at $63.00 each. 1) what is the breakeven sales volume of the company? 2) If for every 10 units produced comes out defective and has to be rejected with only full recovery of materials, what should be the break-even point sales volume?
1. Explain the short-term and long-term challenges that arise in regular business settings2. Explain the interdependence among the 4Ps (Price, Product, Place, Promotion) and its relation with cost3. What should the company do related to their positioning and the company's business model for competitive advantage4. What are the issues related to capacity building for scale advantage and its short falls5. if you are the founder, how you see the the company's excess capacity and how to utilize it throughout the year
Consider the information given below. Output Inputs 335,000 units 6,400 labor hours @ $14.00 per hour Sales price = $1,301.00/unit Material cost = $41,250,000 Utilities cost = $4,600 Calculate the single factor productivities and the total productivity. Do not round intermediate calculations. Round your answers to two decimal places. Labor productivity: $/labor$ Material productivity: $/material$ Utilities productivity: $/utility$ Total productivity: $/input$
Consider the information given below. Output Inputs 335,000 units 6,400 labor hours @ $14.00 per hour Sales price = $1,301.00/unit Material cost = $41,250,000 Utilities cost = $4,600 Calculate the single factor productivities and the total productivity. Do not round intermediate calculations. Round your answers to two decimal places. Labor productivity: $/labor$ Material productivity: $/material$ Utilities productivity: $/utility$ Total productivity: $/input$
calculate the single factor productivity from the given details : Output - 27 lakhs energy input - 5 % of output material input - 200 % of energy input
Output Inputs 340,000 units 6,300 labor hours @ $13.00 per hour Sales price = $1,310.00/unit Material cost = $41,500,000 Utilities cost = $4,400 Calculate the single factor productivities and the total productivity. Do not round intermediate calculations. Round your answers to two decimal places.
If customer demand is 203,000 units per month, and available manufacturing capacity is 4,000 hours per week, what is the Takt time for this firm? (Round your answer to 2 decimal places.) Takt time hour/unit
Various financial data for InMotion Manufacturing for 2013 & 2014 follow (in 1000s). 2013 2014 Output: Sales $1432 $1765 Inputs: Labor $40 $41 Raw Materials $45 $61 Energy $9 $11 Capital Expenses $137 $187 Other $3 $6 What is the percentage change in InMotion’s total productivity measure from 2013 to 2014? Give your answer in decimal form to 3 decimal places. For example, 0.051 and NOT 5.10%. Also, indicate a negative change like -0.051 if needed.
Student tuition at Boehring University is $150 per semester credit hour. The state supplements school revenue by $80 per semester credit hour. Average class size for a typical 3-credit course is 45 students. Labor costs are $4,000 per class, materials costs are $18 per student per class, and overhead costs are $26,000 per class. The multifactor productivity ratio currently is 1.01 and the labor productivity ratio is $138.62 per hour if the instructors work on an average of 14 hours per week for 16 weeks for each 3-credit class of 45 students. Coach Bjourn Toulouse led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the Big Red Herrings to winning form. Because of the current state of the program, Boehring University fans are unlikely to support increases in the $192 season ticket price. Improved recruitment will increase overhead costs to $33,000 per class section from the current $26,000 per class section. The…
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