What is the production for each alternative

Assignment Help Operation Management
Reference no: EM13231520

A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single member of its highly-trained professional staff. This person would both gather and analyze the data. Using this approach, an experienced person can complete an average of 10 such projects in an eight-hour day.

The firms management is thinking of assigning two people to each project in order to allow them to specialize and become more efficient. The process would require the data gatherer to fill out a matrix on the computer, check it, and transmit it to the statistical analysis program for the analyst to complete. Data can be gathered on one project while the analysis is being completed on another, but the analysis must be complete before the statistical analysis program can accept the new data. After some practice, the new process can be completed with a standard time of 20 minutes for the data gathering and 30 minutes for the analysis.

a. What is the production (output per hour) for each alternative? What is the productivity (output per labor hour)?

b. How long would it take to complete 1,000 projects with each alternative? What is the labor content (total number of labor hours) for 1,000 projects for each alternative?

Reference no: EM13231520

Questions Cloud

Find which project should select if all mutually exclusive : All costs are given in thousands of dollars and negligible salvage values are assumed at the end of a 50-year life. Using a social interest rate of 8% in the Benefit/Cost analysis, determine which project(s) should be selected if the alternatives ..
Compare and contrast roles and responsibilities it positions : Compare and contrast the roles and responsibilities of IT position.
What team performance readiness might look like : Provide an example of what team performance readiness might look like at various readiness levels.
Income of black people compared to white people : In the years 1947-1981, after civil rights movement, was the income of black people compared to white people:
What is the production for each alternative : How long would it take to complete 1,000 projects with each alternative? What is the labor content (total number of labor hours) for 1,000 projects for each alternative?
Explain insects produce antifreeze in cold : Some insects produce antifreeze in cold weather; the antifreeze is glycerol. How much glycerol must an insect produce per gram of body fluid (taken to be water) to survive at -5.0C
Which alternative should be selected base on internal return : At the end of their useful lives, both A and B may be purchased with the same cost, benefits, and so forth. If the MARR is 12%, which alternative should be selected based on the internal rate of return using the least common multiple approach
Soviet sphere and the western sphere : Whom did Winston Churchill blame for building the Iron Curtain between the Soviet sphere and the Western sphere?
Coding for computerized relative allocation of facilities : How to do matlab coding for computerized relative allocation of facilities technique

Reviews

Write a Review

Operation Management Questions & Answers

  The ace manufacturing company

The Ace Manufacturing Company produces two lines of its product, the super and the regular. Resource requirements for production are given in the table

  Which of the statements about the organization is true

Which of the following statements about the organization is true?

  How the company can sustain this position over time

Select a company that you believe uses employees to achieve a competitive advantage. Discuss how the employees effectively execute the strategy and how the company can sustain this position over time.

  Explain how has technology fostered new cost effective

Explain how has technology fostered new cost effective virtual methods of training. Discusses explain how shift from labour intensive manufacturing to automation has affected product costing.

  Compute the percent change in labor ratios

A department employs 3 types of workers: laborers earning $5 per hour, machine operators earning $9 per hour and maintenance workers earning $16 per hour.

  How the selected website or print medium uses

Describe ways you expect to use format design and visuals in your future college papers and in your professional life.

  What ae the values for demand and revenue

Consider prices of $6, $6, $8. Which price alternative will maximize total revenue? What ae the values for demand and revenue at this price?

  Explain how many brownies should be forecast

From reviewing historical information, you know which approximately 70percent of the patients will be on diets which allow brownies. Of those, 85percent will likely select the brownies. Approximately explain how many brownies should be forecast.

  Graph an objective function line

Consider the following Linear Programming Problem: MIN Z= 6x1 + 4x2 Graph an objective function line. What is the optimal solution? What is the optimal objective value?

  Solve the problem graphically for the amounts of each

Write the equations representing this information. b. Solve the problem graphically for the amounts of each food that should be used.

  Determine the capacity implications of marketing campaign

Suppose that AlwaysRain Irrigations marketing department will undertake an intense ad campaign for the bronze sprinklers, which are more expensive but also more durable than the plastic ones.

  Would it be the same if the award was published

Would it be the same if the award was published on the Internet, but the revocation in the newspaper? Explain

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