Concept explainers
a)
To determine: Productivity of Person L.
Introduction: Productivity is a measure of the effectiveness of an individual, systems, machinery and other equipment that are used in converting inputs into outputs. In all organizations, productivity is an important determinant to know cost efficiency.
b)
To determine: The new productivity value.
Introduction: Productivity is a measure of the effectiveness of an individual, systems, machinery and other equipment that are used in converting inputs into outputs. In all organizations, productivity is an important determinant to know cost efficiency.
c)
To determine: The percentage of productivity increase.
Introduction: Productivity is a measure of the effectiveness of an individual, systems, machinery and other equipment that are used in converting inputs into outputs. In all organizations, productivity is an important determinant to know cost efficiency.

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Chapter 1 Solutions
PRIN.OF OPERATIONS MANAGEMENT-MYOMLAB
- Which of the following statements about organization's strategy is FALSE? OA. They are formulated after the organization's mission is determined. OB. They reflect an organization's purpose. OC. An organization's strategy exploits opportunities and threats. OD. They help determine how an organization expects to achieve its miss OE. Each functional area of the organization will have a strategy. The ability of an organization to match changes in a marketplace where design volumes fluctuate substantially is: OA. competing on productivity. OB. mass production. OC. time-based competition. OD. competing on differentiation. O E. competing on response. Porter's Five Forces Model is used to evaluate competition based on which 5 asp A. immediate rivals, potential entrants, customers, suppliers, and substitute B. potential entrants, customers, suppliers, legal regulations, and costarrow_forwardplease answerarrow_forwardplease answerarrow_forward
- please asnwerarrow_forwardWhat are the obstacles to incorporating stress management techniques? How can we overcome these obstacles?arrow_forwardIn the 2016, "ATB: digital disruption in the parking meter industry" perform a finanacial analysis and make a chart similar to this one 2013 2014 Current Ratio 1.88 1.41 Quick Ratio 0.49 0.29 Debt to Equity 0.95 1.92 Return on Assets 5.47% 2.76% Net Profit Margin 2.71% 1.89%arrow_forward
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