Compute the manufacturing cost

Assignment Help Operation Management
Reference no: EM13313333

The Omega Shoe Company manufactures a number of different styles of athletic shoes. Its biggest seller is the X-Pacer running shoe. In 2008 Omega implemented a quality-management program. The company's shoe production for the past three years and manufacturing costs are as follows.

Year
2008 2009 2010
Units produced/input   32,000   34,600   35,500 
Manufacturing cost      $278,000  291,000  305,000 
Percent good quality      78%      83%      90%


Only one-quarter of the defective shoes can be reworked, at a cost of $2 apiece.

Compute the manufacturing cost per good product for each of the three years and indicate the annual percentage increase or decrease resulting from the quality-management program.

Reference no: EM13313333

Questions Cloud

Briefly explain the results of a what-if analysis : Briefly explain the results of a What-If analysis
What is the average force exerted on the childs head : The manufacturers of a particular brand of car conduct head-on collision tests and find that in the absence of a passenger side air bag, What is the average force exerted on the childs head during collision
Determine the change in enthalpy and the head loss in db : Oxygen flows without a gain or loss of heat through a horizontal pipe of constant cross section. At section 1 the pressure 175 psia, the velocity is 78 fps, and the temperature is 50°F; at section 2 the pressure is 130 psia
What makes stars evolve : What makes stars evolve? Like what elements are involved, what happens to the protons and the neutrons and the how it keeps its shape
Compute the manufacturing cost : Compute the manufacturing cost per good product for each of the three years and indicate the annual percentage increase or decrease resulting from the quality-management program.
Explain whether you think the calculated RDA : Multiply your weight in kilograms by 0.8g to get your RDA in grams. (For males less than eighteen years old, multiply by .9g.) Explain whether you think the calculated RDA (in step 1) is adequate for you.
What is the leakage resistance : Capacitors won't hold a charge indefinitely; as time goes on, charge gradually migrates from the positive to the negative plate. What is the leakage resistance
What is the airflow rate needed to maintain the skirts : A design for a hovercraft is made. A fan sends air in from the top of the rectangular chamber (60F) and is exhausted between skirts and the ground. Pressure in the chamber is responsible for lift, and the craft is 15 by 7 ft.
State elements contained in acetylsalicyic acid are hydrogen : The elements contained in acetylsalicyic acid are hydrogen, carbon, and oxygen. The combustion of 3.000 g of the pure compound yields 1.200 g of water and 3.72 L of dry carbon dioxide, measured at STP

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd