OPERATIONS MANAGEMENT W/ CNCT+
12th Edition
ISBN: 9781259574931
Author: Stevenson
Publisher: MCG CUSTOM
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Chapter 2, Problem 3P
Summary Introduction
To compute: The multifactor productivity for each week.
Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.
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Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks
and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal
places.)
The following data is for production of chocolate bars over a four-week period. Assume 40-hour weeks and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound.
Week
Output (units)
Worker
Material (lbs.)
1
2
3
4
30,000
33,600
32,200
35,400
6
7
7
8
450
470
460
480
Compute the multifactor productivity measure for each of the four weeks.
What do the figures suggest? Compute the productivity growth from week 1 to week 4.
Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. What do the productivity figures suggest? Assume 40-hour weeks and an hourly wage of$12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound.Week Output (units) Workers Material (lbs)1 30,000 6 4502 33,600 7 4703 32,200 7 4604 35,400 8 480
Chapter 2 Solutions
OPERATIONS MANAGEMENT W/ CNCT+
Ch. 2.7 - Prob. 1.1RQCh. 2.7 - Prob. 1.2RQCh. 2.7 - Prob. 1.3RQCh. 2.7 - Prob. 2.1RQCh. 2.7 - Prob. 2.2RQCh. 2 - Prob. 1DRQCh. 2 - List the key ways that organizations compete.Ch. 2 - Prob. 3DRQCh. 2 - Prob. 4DRQCh. 2 - Prob. 5DRQ
Ch. 2 - Contrast the terms strategies and tactics.Ch. 2 - Contrast Organization and operations strategy.Ch. 2 - Prob. 8DRQCh. 2 - Prob. 9DRQCh. 2 - Prob. 10DRQCh. 2 - Prob. 11DRQCh. 2 - Prob. 12DRQCh. 2 - Prob. 13DRQCh. 2 - Prob. 14DRQCh. 2 - Prob. 15DRQCh. 2 - Who needs to be involved in formulating...Ch. 2 - Prob. 2TSCh. 2 - Prob. 3TSCh. 2 - Prob. 1CTECh. 2 - Prob. 2CTECh. 2 - Prob. 3CTECh. 2 - Prob. 4CTECh. 2 - Prob. 5CTECh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Prob. 4PCh. 2 - Prob. 5PCh. 2 - Prob. 6PCh. 2 - Prob. 7PCh. 2 - Prob. 8PCh. 2 - A company offers ID theft protection wing leads...Ch. 2 - Prob. 1.1CQCh. 2 - Prob. 1.2CQCh. 2 - Prob. 1.3CQCh. 2 - Prob. 2.1CQCh. 2 - Prob. 2.2CQCh. 2 - Prob. 2.3CQCh. 2 - Prob. 2.4CQCh. 2 - Prob. 2.5CQCh. 2 - Prob. 2.6CQCh. 2 - Prob. 2.7CQCh. 2 - Prob. 3.1CQCh. 2 - Prob. 3.2CQCh. 2 - Prob. 3.3CQCh. 2 - Prob. 3.4CQCh. 2 - Prob. 3.5CQCh. 2 - Prob. 4.1CQCh. 2 - Prob. 4.2CQCh. 2 - Prob. 4.3CQCh. 2 - Prob. 1OTQCh. 2 - Prob. 2OTQCh. 2 - Prob. 3OTQCh. 2 - Prob. 4OTQCh. 2 - Prob. 5OTQCh. 2 - Prob. 6OTQCh. 2 - Prob. 7OTQ
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- Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week 1 2 Click here for the Excel Data File Week 1 2 Output (units) 32,000 37,000 20,000 38,000 3 4 Workers MFP (Output/Total Cost) Material (169) 470 520 400 500arrow_forwardcalculate the productivity of the firm that produces beef products as it produces 6000 units in almost 567 hours and each unit sold for $ 41 per unit . The labour rate is $ 36 per hour, cost of the materials is $ 6000 and the cost of overhead is 3xlabour cost .arrow_forwardCompute the multifactor productivity measure for each of the four weeks shown forproduction of chocolate bars. Assume 40-hour weeks and an hourly wage of $16.Overhead is 1.5 times weekly labour cost. Material cost is $9 per pound.Week Output (units) Workers Material (lbs)1 30,000 5 4202 34,000 7 4803 31,000 7 4904 36,000 8 550arrow_forward
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- Compute the multifactor productivity measure for an eight-hour day in which the usable output was300 units, produced by three workers who used 600 pounds of materials. Workers have an hourlywage of $20, and material cost is $1 per pound. Overhead is 1.5 times labor costarrow_forwardCompute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. Week Output (units) Workers Material (lbs) 1 29,000 8 440 2 34,000 9 490 3 31,000 3 510 4 41,000 8 610arrow_forwardVarious financial data for SunPath Manufacturing for 2019 and 2020 follow. Output: Sales Inputs: Labor Raw Materials Energy Capital Employed Other Multiple Choice What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2019 and 2020? O O 10.39 -0.53 -2.88 2.33 2019 2020 $300,000 $330,000 43,000 51,000 9,000 262,000 6,000 -9.22 40,000 45,000 10,000 250,000 2,000arrow_forward
- Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week Output (units) Workers Material (lbs) 1 34,000 7 490 2 39,000 8 540 3 26,000 4 460 4 36,000 7 560 Click here for the Excel Data Filearrow_forwardChetanarrow_forwardAs a human resource specialist, you have decided to use a productivity factor approach for determining future human resource requirements and employee turnover rates for estimating availability of current employees for meeting human resource requirements. Current annual revenue is $325,000,000 with next year's revenue projection set at an increase of 15%; the revenue increase expected for the following year is 10%. Productivity of assembly / operative workers will increase 10% next year and 5% the year after next. Productivity of all other employees will remain constant over the next two years. A. How many employees are needed next year (or one year from now) in total and in each classification? B. How many employees in total and in each classification will be available one year from now to fill various positions? C. What action decisions are necessary when comparing the demand and supply forecasts for next year? D. How many assembly / operative workers are needed for two years from…arrow_forward
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