Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources:D400 hours per day @$12.00 per hour21,000 pounds per day @ $1.00 per pound$5,250 per day$10,250 per daya) Labor productivity per labor hour for these tires = 3 tires/labor hour (round your response to two decimal places).b) Multifactor productivity for these tires= 0.0291 tires/dollar (round your response to four decimal places).c) The percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs = %(enter your response as a percentage rounded to two decimal places).Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change.Labor:Raw Material:Energy:Capital:

Multifactor productivity=OutputTotal cost of…

Answered: Lillian Fok is president of Lakefront…

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.
Help fill in the tables with an explanation of how the fields were achieved. I need to explain the answers. Some fields are already given in the tables. You have an upstream Picking department that feeds two downstream Packing departments: Pack Singles and Pack Multis. Those Packing departments feed to a Shipping department that loads the outgoing trucks. 30% of your Pick volume goes to Pack Singles and has a packing rate of 171 units per labor hour (uph). 70% of the Pick volume goes to Pack Multis and has a pack rate of 266 units per labor hour. Your pickers pick both Single and Multi items throughout the day at an overall average rate of 114 units per labor hour. All units that are packed in both processes go through the Ship process at a rate of 570 units per hour. You have 102 people today for all 4 departments and you absolutely must pack 47,880 units in Pack Multis Items to meet a customer promise metric. How do you allocate labor to balance the flow in your department if you…
Lulu’s Dancewear operates a garment manufacturing business that employs 35 operators who work 7 hours a day (breaks already factored), 5 days a week. The plant has an 90% efficiency factor. A customer brought in an order for 5,800 units of a Style C that has a SAM of 20 min. How many units of style C are they producing in in a day? Round your answer to whole numbers but do not round until you get to the final answer. Group of answer choices 672 735 655 661
A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows: Machine Cost $50,000 A B $40,000 C $70,000 Product forecasts and processing times on the machines are as follows: PROCCESSING TIME PER UNIT (minutes) Annual Product Demand 1 2 3 4 18,000 25,000 15,000 9,000 A 1 5 4 5 A B C B Click here for the Excel Data File 6531 Total processing time in minutes per machine: a. Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type to meet demand, how many of each machine type would be needed, and the resulting total purchasing cost for each machine type. The machines will operate 8 hours a day, 220 days a year. (Enter total processing times as whole numbers. Round up machine quantities to the next higher whole number. Compute total purchasing costs using these rounded machine quantities. Enter the resulting total purchasing cost as a whole number.) C 2 1 2 6
How many workers are needed at each stage if management wants a utilization of at least 85 percent? Round your answers up to the nearest whole number. Stage A: __ workers Stage B: __ workers Stage C: __ workers Stage D: __ workers Stage E: __ workers Suppose that the number of workers at each stage are as follows: Stage Number of Workers A 5 B 3 C 7 D 5 E 2 What is the output rate at each stage? Round your answers to the nearest whole number. Stage A: __ units/hour Stage B: __ units/hour Stage C: __ units/hour Stage D: __ units/hour Stage E: __ units/hour Where is the bottleneck in this process? The bottleneck is (Stage A, B, C, D, or E).
George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Units Produced Labor (hours) Resin (pounds) Capital Invested ($) 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
okey Min's Kleen Karpet cleaned 85 rugs in October, consuming the following resources: Labor: 520 hours at $17 per hour Solvent: 125 gallons at $8 per gallon Machine Rental: 24 days at $75 per day a) Labor productivity per dollar = nothing rugs/dollar (round your response to four decimal places) b) Multifactor productivity = Rugs/dollar (round your response to four decimal places)

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