-George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfoundinterest in efficiency. George is interested in determining the productivity of his organization. He would like to know ifhis organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following datarepresenting a month from last year and an equivalent month this year:Units ProducedLabor (hours)Resin (pounds)Capital Invested ($)Energy (BTU)Last Year1,0003005510,0002,950Now1,0002504812,5002,500The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is:Labor Productivity Change =% (enter your response as a percentage rounded to two decimal places and include aminus sign if necessary).:

Given: Units produced last year = U1 = 1000 Labor hours required last year = H1 = 300 Units produced…

Answered: George Kyparisis makes bowling balls in…

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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The MacJunkin Company manufactures transmission parts. The current process uses 20 workers and produces 400 units per hour. You are considering changing the process with new manufacturing methods that increase output to 470 units per hour but will require 22 workers. Workers are paid at a rate of $15 per hour, and overhead is charged at 140% (or 1.4 times) labor costs. Finished switches sell for $80/unit. The details are as follows: Current Process New Process Output (Units/Hour) 400 470 Number of Workers 20 22 Material (Cost/Hour) $120 $150 These are the correct answers can you show me how to get these answers? A. What is the multifactor productivity ratio for the current process? 38.10 B. What is the multifactor productivity ratio for the new process? 39.92 Your answer is correct.
George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Units Produced Labor (hours) Resin (pounds) Capital Invested ($) Energy (BTU) The percent change in productivity for one month last year versus one month this year or decimal places). Last Year 1,200 300 50 9,000 3,000 Now 1,200 275 45 10,000 2,850 Cost Per Input Unit $10 per hour $5 per pound 1% per month $0.50 per BTU multifactor basis with dollars as the common denominator = % (enter your response as a percentage rounded to two
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4,300 of these meals using 1,250 direct labor-hours. The company paid its direct labor workers a total of $11,250 for this work, or $9.00 per hour. According to the standard cost card for this meal, it should require 0.30 direct labor-hours at a cost of $8.50 per hour. Required: 1. What is the standard labor-hours allowed (SH) to prepare 4,300 meals? 2. What is the standard labor cost allowed (SH × SR) to prepare 4,300 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance?
The company has the following information about its two service departments and two production departments, Cutting and Assembly: Departments SquareFeet Number ofEmployees Maintenance Department 500 20 Cafeteria Department 1,400 10 Cutting Department 1,500 60 Assembly Department 7,100 20 What is the percentage (proportional) usage of the Maintenance Department by the Cutting Department?
Cutie's Cruise Lines realized that they lose money every time they sail with even one empty cabin. The company VP of Operations has asked you, the company analyst, to calculate some metric to measure productivity for the last 5 sailings. Use the following data to determine your company's process yield as a percentage. Cabins Cabins Ship Available Occupied Anna 1940 2150 1860 Betty 2083 Charlie 1900 1810 Don 1930 1630 Eben 1310 1228 (Keep two decimal places in your answer) Your Answer: Answer

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