What is the multifactor productivity ratio

Assignment Help Operation Management
Reference no: EM132691521

Coach Bjourn Toulouse led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the Big Red Herrings to winning form. Because of the current state of the program, Boehring University fans are unlikely to support increases in the $192 season ticket price. Improved recruitment will increase overhead costs to $30,000 per class section from the current $25,000 per class section. The university's budget plan is to cover recruitment costs by increasing the average class size to 75 students. Labor costs will increase to $6,500 per 3-credit course. Material costs will be about $25 per student for each 3-credit course. Tuition will be $200 per semester credit, which is supplemented by state support of $100 per semester credit.

a. What is the multifactor productivity ratio? Compared to the result obtained in Solved Problem 1, did productivity increase or decrease for the course process?

b. If instructors work an average of 20 hours per week for 16 weeks for each 3-credit class of 75 students, what is the labor productivity ratio?

Reference no: EM132691521

Questions Cloud

Private data center to public cloud provider : Other criteria that should be considered when migrating infrastructure and data from a private data center to a public cloud provider.
What does a manager for homedepot do : What does a manager for homedepot do? What are this positions strengths and weaknesses within the workplace?
Decision analysis to everyday life : Decision Analysis to everyday life - Decision: To Study for a test or not to study
What is the cost of material-hae lee furniture inc : Hae Lee Furniture, Inc., described in Example 1 of this chapter, finds its current profit of $10,000 inadequate. The bank is insisting on an improved profit
What is the multifactor productivity ratio : What is the multifactor productivity ratio? Compared to the result obtained in Solved Problem 1, did productivity increase or decrease for the course process?
Compute the working capital and the current ratio : Compute the working capital and the current ratio for Year 2 and Year 1. Round to two decimal places. What conclusions concerning the company's ability
Community optimization progressed : Has community optimization progressed the performance of laptop networking and device mastering?
What are the new features that we add to keurig : What are the new features that we add to Keurig?
What will be her new productivity : Lori thinks that by redesigning the package, she can increase her total productivity to 133 care packages per day. What will be her new productivity?

Reviews

Write a Review

Operation Management Questions & Answers

  Calculate the nonvalue-added cost of purchasing

Estimated savings from the reduced demand are $1,200,000 per year. Calculate the nonvalue-added cost of purchasing, receiving and paying bills.

  What is the difference between task force and team

What is the difference between a task force and a team? Between liaison role and integrating role? Which of these provides the greatest amount of horizontal coordination?

  Explain her reasoning behind making the decision solo

Lauren Becall is the top salesperson for Mudge Paper Company. She also leads the sales team that supports Mudge's largest client, Bart's Office Supplies.

  Will strategic goal continue to be successful for spirit

Will this strategic goal continue to be successful for Spirit? Why or Why Not? Spirit’s number one goals seems to be “the lowest-price airline ticket.”

  Insert semicolons-colons and necessary commas

Our branch in Sherman Oaks specializes in industrial real estate our branch in Canoga Park concentrates on residential real estate. If I can assist the new manager please call me however I will be gone from June 10 through June 15. We would hope of c..

  What are the network perspectives in innovative research

What are the different network perspectives in innovative research? Why do authors differ in how they define innovation networks? How can networks influence actions of its members?

  Provides high energy and is high in nutrients

You have been assigned to develop a marketing strategy for a new fruit drink that provides high energy and is high in nutrients.

  What real property was included in the sale

Was the contract for the sale of the property required to be in writing? What real property was included in the sale?

  Explain what you think about the argument

Defend your point of view by raising specific issues or aspects of the argument. Offer your own opinion. Explain what you think about the argument.

  Identify the stages of team development

Identify the stages of team development. Define the main issues at each stage and the actions that the project can take to assist the team through each stage.

  Briefly describe the selected negotiation

Briefly describe the selected negotiation. Examine the issues versus the interests of the parties involved. Determine how this difference affected the negotiation.

  Addresses the problem posed by the fact pattern

Using the IRAC method, Identify the legal question which best addresses the problem posed by the fact pattern,

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