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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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: $/input$
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.
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