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. Hewould 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 ProducedLabor (hours)Resin (pounds)Capital Invested ($)Energy (BTU)The percent change in productivity for one month last year versus one month this year ordecimal places).Last Year1,200300509,0003,000Now1,2002754510,0002,850Cost Per Input Unit$10 per hour$5 per pound1% per month$0.50 per BTUmultifactor basis with dollars as the common denominator =% (enter your response as a percentage rounded to two

Multifactor productivity considers multiple factors or combined inputs involved in the production…

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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A retail store had sales of $45,000 in April and $56,000 in May. The store employs eight full-time workers who work a 40-hour week. In April, the store also had seven part-time workers at 10 hours per week, and in May the store had nine part-timers at 15 hours per week (assume four weeks in each month). Using sales dollars as the measure of output, what is the percentage change in productivity from April to May?
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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: Last Year Now Cost Per Input Unit Units Produced 1,200 1,200 Labor (hours) Resin (pounds) $10 per hour $6 per pound 2% per month $0.60 per BTU 300 275 50 45 Capital Invested ($) Energy (BTU) 10,000 11,000 2,900 2,750 The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = % (enter your response as a percentage rounded to two decimal places).
Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers around the world. Cycle time is a critical success factor for Waymouth, which has developed a number of measures of manufacturing speed. Waymouth has studied the matter and found that competitive contract manufacturers have manufacturing cycle times (MCE) of about 40%. When last calculated, Waymouth’s MCE was 35%. Key measures from the recent month’s production, averaged over all the jobs during that period, are as follows: Activity Average Time (hours) New product development 30 Materials handling 2 Order setup 6 Machine maintenance 3 Order scheduling 1 Inspection of completed order 5 Pack and move to storage or ship 2 Manufacturing assembly 24 Order taking and checking 3 Receiving and stocking raw materials 6 Inspection of raw…
NBC is a famous and old steel products manufacturing company. For the last several years, there has been a series of complaints from customers regarding the quality and features of the product; the attitude of the employees of NBC; and the availability of the product. But no one cares about the complaints. If asked, some employees try to say that it is a common nature of the customers and other employees blame each other and other departments for the situation. Revenue of the company has been turning from upward to stiff. With all these, the management is perplexed and looking for a direction to move. How do you assess the situation of the company? Explain the key factors which should be addressed for the improvement of the company. Make a list of the quality indicators which indicate the satisfaction level of the customer; satisfaction level of the employee; and growth of the organization.
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Labour Intensity (manhour/unit) Planned production (units) Product A 1,500 15 2.000 C 4.500 D 2.000 16 500 Calculate manpower needs A manufacturing company plans following production and labour intensity of their products for the next year:The company expect to meet the performance standard at 100 %. In average there are annually 20 days of vacation, 7 days of sickness, and 4 day of other absence. The manufacture works in two-shifts with 7.75 working hours per shift. Annually there are 252 working days. 1. Calculate the need of workers to cover the production. The answer is:
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Read the question carefully and answer the following questions Suppose you are senior production manager of a company which produces beverage (carbonated soft drinks) of all flavors. The company is operating since 10 years. You and your production team follow all of the SOP’s (Standard operating procedures) while producing the beverage. You have noticed that while producing the beverage for the 1st quarter of 2021 the artificial color added to beverage is little intensive as compare to previous productions. Artificial color used in limited proportion doesn’t not harm the health of consumers but this time it is accidentally little intensive which can have some side effects. a) As a senior production manager what managerial actions you should take to control the situation? b) What do you think can be the consequences if correct managerial action is not taken on time?
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