Question 1 Shown below are details on all variable inputs consumed by Samsung Plasma TV factory in 2014. At these consumption rates, the plant was able to produce 100 TVs per day. (a) Plastic Chemical Labor Consumption rate 100 ton per day 60 ton per week 80 labor hour per month Unit cost ($) per ton per ton per hour 4 10 Assume that all unit cost is constant and the factor operates 10 hours per day, 6 days per week and 3 weeks per month. (i) Determine the productivity of Labor-hour (ii) Determine the multi productivity of Chemical and Plastic. The Operations Manager wants to increase productivity of the Samsung Plasma TV. According to the concept of Productivity Measure as discussed in chapter 1, describe TWO (2) approaches where productivity of the Samsung Plasma TV can be increased. Explain your conclusion. (iii)

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Question 1
Shown below are details on all variable inputs consumed by Samsung Plasma TV factory
in 2014. At these consumption rates, the plant was able to produce 100 TVs per day.
(a)
Unit cost ($)
Consumption rate
100 ton per day
ton per week
labor hour per month
Plastic
4
|per ton
Chemical
60
2
per ton
Labor
80
10
per hour
Assume that all unit cost is constant and the factor operates 10 hours per day, 6 days per
week and 3 weeks per month.
(i)
Determine the productivity of Labor-hour
(ii)
Determine the multi productivity of Chemical and Plastic.
(iii) The Operations Manager wants to increase productivity of the Samsung Plasma
TV. According to the concept of Productivity Measure as discussed in chapter 1,
describe TWO (2) approaches where productivity of the Samsung Plasma TV can
be increased. Explain your conclusion.
Transcribed Image Text:Question 1 Shown below are details on all variable inputs consumed by Samsung Plasma TV factory in 2014. At these consumption rates, the plant was able to produce 100 TVs per day. (a) Unit cost ($) Consumption rate 100 ton per day ton per week labor hour per month Plastic 4 |per ton Chemical 60 2 per ton Labor 80 10 per hour Assume that all unit cost is constant and the factor operates 10 hours per day, 6 days per week and 3 weeks per month. (i) Determine the productivity of Labor-hour (ii) Determine the multi productivity of Chemical and Plastic. (iii) The Operations Manager wants to increase productivity of the Samsung Plasma TV. According to the concept of Productivity Measure as discussed in chapter 1, describe TWO (2) approaches where productivity of the Samsung Plasma TV can be increased. Explain your conclusion.
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