Compute the multifactor productivity

Assignment Help Operation Management

Reference no: EM132286063

A Company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 6 workers, who produced an average of 81 carts per hour. Workers receive $12 per hour, and machine coast was $39 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $18 per hour while output increased by four carts per hour.

a) Compute the multifactor productivity (MFP) (labor plus equipment) under the After buying the new equipment. The MFP (carts/$) = (round to 4 decimal places)

b) Compute the % growth in productivity between the Prior to and after buying the new equipment. The growth in productivity = % (round to 2 decimal places)

Reference no: EM132286063

Questions Cloud

What is the spot rate of the pres : What is the spot rate of the pres assuming interest rate parity holds?

Why was marcel duchamp approach to art so groundbreaking : For each reading you will be responsible for responding to questions posed by the instructor. Pick two questions out of the three listed.

What are possible reasons for classification trees failure : Compare this general result to that from logistic regression in the example in Chapter 10. What are possible reasons for the classification tree's failure to

Are they still vital tools for law enforcement investigators : Are line-ups, show-ups and the use of photo arrays a thing of the past? Are they still vital tools for law enforcement investigators?

Compute the multifactor productivity : Compute the multifactor productivity (MFP) (labor plus equipment) under the After buying the new equipment

Wap to calculate the total weekly calories for breakfast : A calorie counting program that calculates the total weekly calories for breakfast. The program should allow the user to enter the number of calories consumed.

What is the impact on person-focused pay programs : Discuss a skill set that the employees would have to learn. What is the impact on person-focused pay programs?

Fictional exchange rate press : The following exchange rates were published in today's paper Fictional Exchange Rate Press.

Find the project coefficient of variation : Find the project's coefficient of variation. Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35

User Account

All Pages