Explain multifactor productivity, Operation Management

Assignment Help:

The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $15, the overhead rate is 1.0 times labour cost, and material cost is $6 per customer. Unit Employees Customers Processed / Day A 2 32 B 4 46 C 6 64 D 2 24 a. Compute the labour productivity and the multifactor productivity for each unit. Use an eight-hour day for multifactor productivity. (Round your "Labour Productivity" answers to 1 decimal place and "Multifactor Productivity" answers to 3 decimal places.) Unit Labour Productivity Multifactor Productivity A B C D b. Suppose a new, more standardized procedure is to be introduced that will enable each employee to process one additional customer per day. Compute the expected labour and multifactor productivity rates for each unit. (Round your "Labour Productivity" answers to 1 decimal place and "Multifactor Productivity" answers to 4 decimal places.) Unit Labour Productivity Multifactor Productivity A B C D


Related Discussions:- Explain multifactor productivity

Explain what should the new organizational structure look, What should the ...

What should the new organizational structure look like? Where the systems manager should put each manager? • When should the new organizational change be announced? Explain whic

Explain importance of effective leadership communication, Define logos, eth...

Define logos, ethos, and pathos and explain which of these is most important to effective leadership communication

Describe the growth in the service sector, Discuss the growth in the servic...

Discuss the growth in the service sector and the decline of manufacturing in the United States

Participation - types of managerial tactic, Participation - Types of Manage...

Participation - Types of Managerial Tactic The participative manager initiates the planning and strategic imperative and involves group participation. Usually from carefully s

Explain what are three factors that affect capacity usage, What are three f...

What are three factors that affect capacity utilization? Provide examples.

Explain what is the roic, (Oscar's Office Building) Oscar is considering ge...

(Oscar's Office Building) Oscar is considering getting into the real estate business. He's looking at buying an existing office building for $1.8 million in cash. He wants to estim

Explain why is it important to develop their products, Why is it important ...

Why is it important to develop their products/services marketing plan in writing?

Explain web-based appraisal systems, What do you think are the pros and con...

What do you think are the pros and cons of using a web-based appraisal systems?

Explain quality improvement programs, Some have argued the Six Sigma progra...

Some have argued the Six Sigma programs are merely repackaged versions of older quality improvement programs that originally accompanied TQM initiatives in the 1980s. Present argum

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