Calculate the multifactor productivity for catering company

Assignment Help Operation Management

Reference no: EM132206431

1. Calculate the multifactor productivity for a catering company, using the following information:

In a week, the company produces 850 meals at an average price of $12 per meal. The average cost for each meal is $6. The catering company needed 4 employees to work 40 hours each at a rate of $15 per hour. The company has weekly overhead costs of $300.

2. Calculate the Inventory Turnover using the following information: Cost of Goods Sold = $80,000; Average Inventory Value = $12,000.

3. A crew that installs flooring has the following output in each of the last 2 weeks:

This week: 750 feet of carpeting installed over 250 man hours.

Last week: 500 feet of carpeting installed over 200 man hours.

Calculate the percentage change in productivity.

Reference no: EM132206431

Questions Cloud

Write a method mirlmage that accepts a stack of integers : Write a method mirlmage that accepts a stack of integers as a parameter and appends the stack's contents to itself in reverse order.

What are the challenges of the merger for you : Consider a current or future change you are involved with (at work, church or home) and discuss what are the individual, team, and organizational challenges.

What is the equivalent taxable yield on the municipal bond : An investor in a marginal 41.35 percent tax bracket is comparing this bond with a similar corporate bond. What is equivalent taxable yield on the municipal bond

Provide discussion of the implications for tourism : MKT01762 Contemporary Hotel and Tourism Issues - examples of each issue to then provide discussion of the implications for tourism

Calculate the multifactor productivity for catering company : Calculate the multifactor productivity for a catering company, using the following information:

How did environment affect how the leaders managed change : How did the environment affect how the leaders managed change? This question is designed to help you understand how high stress, high demand situations.

Effects on individuals wealth-the behavior of businesses : Activities in financial markets have direct effects on individuals’ wealth, the behavior of businesses, and the efficiency of our economy.

Write a method that will take an integer array as input : The method should return the difference between the maximum value in the array and the i^th largest element.

What is the percentage increase in production : Calculate the companies productivity before the change in work rules and after the change. What is the percentage increase in production?

User Account

All Pages