Determining the multi-factor productivity

Assignment Help Operation Management
Reference no: EM132320824

An auto dealership has 6 sales people who each work 8.5 hours per day at a rate of $20 per hour plus a $200 commission on each car sold. Each week (5-day weeks) electricity costs are $315 as well as capital costs of $65 per day. If the team sells 3 cars per day what is their multi-factor productivity?

Reference no: EM132320824

Questions Cloud

What is the total time of the project : A. What is the total time of the project if you crash by four days? (Enter only a number, e.g., 12 days --> 12)
Continuous review system and periodic review system : Compare/Contrast the continuous review system and periodic review system in terms of safety stock and costs.
Differences between service and manufacturing organizations : There are key differences between service and manufacturing organizations. Which of the following is true regarding these differences?
Diversity in the business organization : How to ensure the effectiveness of diversity in the business organization?
Determining the multi-factor productivity : If the team sells 3 cars per day what is their multi-factor productivity?
Complete the project on time : What due date should the team set if they want to be 99% sure that they will complete the project on time?
Take measures to increase his productivity : Due to increase in demand, a valve manufacturer is forced to take measures to increase his productivity. He currently employs 12 people working 8 hour shifts
Total labour cost per widget and total cost per widget : What is the total labour cost per widget and total cost per widget? How much have each improved?
What is the total cost of production for a week : a) What is the total cost of production for a week at each plant? What is the cost per widget? What is the labour cost per widget?

Reviews

Write a Review

Operation Management Questions & Answers

  Quality invariably leads to better financial results

A process is capable if special cause variation is not present in the process. Random variation is also referred to as uncontrollable variation. Control charts are used to determine if there are unexpected variation in the process. Three items in par..

  Types of risk control related to your camera business

Think of the small camera store you own. Consider the three main types of risk control. Devise specific steps you could take for each of the types of risk control related to your camera business.

  Practical experience in cost analysis for design

There are many opportunities for a practical experience in cost analysis for design and engineering.

  Warehouse unless the in-house warehouse in filled up

M&M is a company that makes knitted sweaters. Forecasts of sales for the next year are 150 in the autumn, 400 in the winter, and 50 in the spring. Plain sweaters are purchased from a supplier for $20. However, you cannot rent a warehouse unless the i..

  How small qualifies to keep the loan off delinquency list

Any such payment, even a partial payment no matter how small qualifies to keep the loan off the delinquency list.

  Why do corporate ceos tend to stress growth over cost reduct

Why do corporate CEOs tend to stress growth over cost reduction, yet think of supply chain management more as an area for cost reduction?

  Develop a current state value stream map

Develop a current state Value Stream Map of your selected value stream. Show the customer demand rate (or Takt), information flow, work flow.

  The role of the manager and organization theory

The Role of the Manager and Organization Theory. discuss what kind of managerial work you expect the individual selected for this position to be doing,

  Considering going public as way to raise more funds

Sole proprietorship pod is considering going public as a way to raise more funds.

  About the cycles of stopwatch study

A worker-machine operation was found to involve 3.3 minutes of machine time per cycle in the course of 40 cycles of stopwatch study.

  Use marketing to communicate the brand

Choose one of your favorite brands. explain what about the brand makes it compelling to you. How does the company use marketing to communicate the brand? Identify at least one way that the company could improve its brand communications. What should t..

  Research about a current issue or trend about youth sports

After completing your reading, search the Internet for any article related to a current issue or trend about Youth Sports.

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