What is the percentage change in labor productivity

Assignment Help Operation Management
Reference no: EM132210239

CoreTech, Inc. has the following data for the first two quarters of year 2018: Quarter 1, 2018 Quarter 2, 2018 Output: Sales 300,000 units sold at $12 per unit 375,000 units sold at $12 per unit Inputs: Labor 6,000 labor-hours at $15 per labor-hour 5,500 labor-hours at $15 per labor-hour Machine 5,000 machine-hours at $25 per machine-hour 6,000 machine-hours at $25 per machine-hour Raw Materials 3,500 pounds at $5 per pound 4,000 pounds at $5 per pound Energy 7,000 kWhs at $0.75 per kWh 7,500 kWhs at $0.75 per kWh Other Costs $3,000 $2,500 P

a. Calculate the labor productivities (expressed in units sold per labor-hour) in quarters 1 and 2. What is the percentage change in labor productivity from quarter 1 to quarter 2?

b. Calculate the machine productivities (expressed in units sold per dollar invested in machine) in quarters 1 and 2. What is the percentage change in machine productivity from quarter 1 to quarter 2?

c. Calculate the material productivities (expressed in sales dollars earned per dollar invested in raw materials) in quarters 1 and 2. What is the percentage change in material productivity from quarter 1 to quarter 2?

d. Calculate the energy productivities (expressed in sales dollars earned per kWh of energy) in quarters 1 and 2. What is the percentage change in energy productivity from quarter 1 to quarter 2?

e. Calculate the labor-material productivities (expressed in sales dollars earned per dollar invested in labor and raw materials) in quarters 1 and 2. What is the percentage change in labor-material productivity from quarter 1 to quarter 2?

f. Calculate the machine-energy productivities (expressed in units sold per dollar invested in machine and energy) in quarters 1 and 2. What is the percentage change in machine-energy productivity from quarter 1 to quarter 2?

g. Calculate the labor-machine-material productivities (expressed in units sold per dollar invested in labor, machine, and raw materials) in quarters 1 and 2. What is the percentage change in labor-machine-material productivity from quarter 1 to quarter 2?

h. Calculate the total factor productivities (expressed in sales dollars earned per total dollar invested in labor, machine, raw materials, energy, and other costs) in quarters 1 and 2. What is the percentage change in total factor productivity from quarter 1 to quarter 2?

Reference no: EM132210239

Questions Cloud

What are the main features of the plans : Search the US Fish and Wildlife Service website for listings of extinct, endangered, and threatened species. Research and identify the specific factors.
Any evidence associated with the project life cycle : Lifecycle: Any evidence associated with the project life cycle followed by the project. what does this mean?
Write a program in java to encrypt and decrypt strings : Write a program in JAVA to encrypt and decrypt strings of characters using Vigenere cipher.
How the innovation appears to have happened : Over the long period of time that life has existed on Earth, there have been a number of important or significant innovations including (but not limited to).
What is the percentage change in labor productivity : What is the percentage change in labor productivity from quarter 1 to quarter 2?
Discuss how adaptations allowed plants to move : Discuss how adaptations allowed plants to move from an aquatic environment to the variety of habitats they inhabit today. You may wish to start out discussing.
Write an overview of the issue along with proposed solutions : Select any "hot topic" in informatics and provide a brief overview of the issue along with proposed solutions. Children are a sensitive subpopulation.
What are the direct labor costs for one loan applocation : One Hour Loan offers customized loans. What are the direct labor costs for one loan applocation?
Which attempt to think global and act local : Identify examples of companies/products which attempt to think global and act local (‘glocalisation’).

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

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 in hospitality enterprise

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..

  Managing operations and information

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..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

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

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

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

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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