Compute labor productivity change, Operation Management

Assignment Help:

Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the productivity of his organization. he would like to know if his organization is maintaining the manufacturing average of a 3% incease in productivity. He has the following data representing a month from last year and quivalent month this year-

Last Year Now

Units Produced 1,200 1,200
Labor (hours) 300 260
Resin (pounds) 50 45
Capital Invested ($) 10,000 12,500
Energy (BTU) 3,000 2,500

The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is

a) Labor Productivity Change = _____%

b) Resin Productivity Change = _____%

c) Capital Invested Productivity Change = ______%

d) Energy productivity change = ______%


Related Discussions:- Compute labor productivity change

Column minima method, Column Minima Method: Step 1: Determine  the  ...

Column Minima Method: Step 1: Determine  the  smallest cost in  the first  column  of the  transportation  table. Let it be  C1j  . allocate  Xi1= min ( ai bi ) in the cell

Control charts for variables, Control Charts for Variables  Two comple...

Control Charts for Variables  Two complementary charts are commonly used for the statistical control of process variables. One controls the process mean by monitoring the mean

Explain food supply chain quality management, Find and read the article lis...

Find and read the article listed below and then in a 3-4 page paper answer the following: Required Materials Aleda V Roth, Andy A Tsay, Madeleine E Pullman, John V Gray (2008, Jan)

Explain objectives for a crm solution be, Once the organization understands...

Once the organization understands its customer and its market, it can now move on to planning, developing, and implementing a CRM solution. What would some of your objectives for a

Make a product structure for heather, Operations Mgmt. 10th edition Hiezer/...

Operations Mgmt. 10th edition Hiezer/Render Heather Adams, production manager for a Colorado exercise equipment manufacturer, needs to schedule an order for 50 UltimaSteppers, whic

Explain groups differently from other employees is necessary, Compare and c...

Compare and contrast what motivates Millennials from Baby Boomers, Generation X, and Generation Y. Assess whether motivating these groups differently from other employees is necess

Innovation and learning perspective - performance measures, Innovation and ...

Innovation and Learning Perspective - Performance Measures In this perspective, the company emphasises the design and application of business management initiatives that foste

Disparate impact exists hiring records, If a plaintiff proves that a dispar...

If a plaintiff proves that a disparate impact exists, an organization may then defend its employment by showing validation or _______________. a. business necessity b. hiring recor

Compute the degrees of freedom associated, In each of the following situati...

In each of the following situations, distinguish which statistical analysis you would conduct and which appropriate test or test statistic should be used. • Consumer preferences

Explain the amount of time covered by the basic mrp, The amount of time cov...

The amount of time covered by the basic MRP record is called the _____. time bucket new horizon time horizon planning horizon

Write Your Message!

Captcha
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