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A land title search office had a staff of three, each working eight hours per day (for a total payroll cost of $480/day) and overhead costs of $300 per day. This office processed an average of seven titles each day. The office recently purchased a computerized titlesearch system that will allow the processing of an average of 12 titles per day. Although the staff, work hours, and pay will be the same, the overhead costs will be $600 per day. a. Calculate the labour productivity in the old and the new systems. How much (in percentage) has the labour productivity grown? b. Calculate the multifactor productivity in the old and the new systems. How much (in percentage) has the multifactor productivity grown? c. Which productivity measure is more appropriate for the land title search office?
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 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..
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..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
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 of DVD players. Determine the appropriate reorder point.
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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 showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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