Total productivity as measured in units of output per dollar

Assignment Help Operation Management

Reference no: EM13968620

WinCo Electric Co produces 1,000 dryer motors each week. WimCo shuts the plant down two weeks each year, so production is only accomplished fifty weeks each year. The manufacturing line equipment costs 250,000 and will remain productive for five years. The annual labor cost is 140,000. Management has the option of acquiring different equipment for 325,000 with an operating life of seven years. Labor costs for the new system would be reduced 17, 500 per year (read this problem very closely. Pay very close attention to the varied time dimension when computing answers. What is the total productivity as measured in units of output per dollar of input over the original five year period. (4 decimal places.)

Reference no: EM13968620

Questions Cloud

Con?dence interval for the population average : Construct a 95% con?dence interval for the population average.

What management should do to obtain highest expected value : A manufacturing plant has reached full capacity. The company must build a second plant - either small or large at a nearby location. The demand is likely to be high or low. Draw a decision tree and solve to determine what management should do to obta..

What role does perception play in communication : What role does perception play in communication? What causes conflict? How might individuals’ cultural values in the workplace be used to resolve conflict?

Outsource the finishing process : Fast Finish, Inc. (FFI) has made a technological breakthrough in snow board finish application, FFI will apply the finish for .23 per unit in variable costs plus a fixed annual cost of $230,000. Use the cost and demand information given in problem 3 ..

Total productivity as measured in units of output per dollar : WinCo Electric Co produces 1,000 dryer motors each week. WimCo shuts the plant down two weeks each year, so production is only accomplished fifty weeks each year. The manufacturing line equipment costs 250,000 and will remain productive for five year..

About the recruitment methodology : Recruitment Methodology: List all information every posting must contain and why this information is required to provide a template for hiring managers.

About the training strategy : Training Strategy: How would you provide a schedule for all first year employees that indicates which training sessions all newcomers will attend (e.g., orientation, corporate culture etc.) Why they are attending those chosen sessions (e.g., needs as..

Performance appraisal process : Describe the various employment laws that may impact the performance appraisal process and how the organization is attempting to avoid any negative impacts.

What is difference between planned and unplanned change : What is the difference between planned and unplanned change? As a manager which would you prefer? Give an example of how teams are involved with implementing change in an organization that you are familiar with. Was the change successful? How was suc..

User Account

All Pages