What is the production output per hour

Assignment Help HR Management

Reference no: EM1341280

Question about Productivity Analysis- Output (and Labor Output) per Hour

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 firm's 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 would be the labor content (total number of labor hours) for 1,000 projects for each alternative?

Reference no: EM1341280

Questions Cloud

Raw materials purchase price variance : Evaluate variances Raw materials purchase price variance

Explain what is the marginal product of the second worker : Explain What is the marginal product of the second worker and What is the marginal revenue product of the fourth worker

Fair labor standards act : What impact does the need to pay overtime have upon an organization's budget in the long-term? Any thoughts

Metrics : Top management feels they have spent enough and want some concrete recommendations from you. This task is yours in your new role as compensation manager.

What is the production output per hour : What is the production output per hour for each alternative and What is the productivity output per labor hour

Minutes of production- a labor budget computation : FTE staff employed how many minutes are needed for the production of each widget assuming 1 FTE = 40 hours

Unionized employees : what situations would the employees in Plant B have more bargaining power than employees in Plant A?

Standard cost direct material and direct labor variances : Evaluate the direct materials price variance for May and Calculate the direct materials quantity variance for May.

Engage in a joint participation process : Why a union leader might be hesitant to engage in a joint participation process - reasons why a union leader might be hesitant to engage in a joint participation process.

User Account

All Pages