Explain total factor productivity and labor productivity, Operation Management

Assignment Help:

A manufacturing company would like to measure total factor productivity and labor productivity. Given the following data for the last 3 years, find the total factor and labor ratios for each year. How would you interpret the results?

Category Year 1 Year 2 Year 3

(Figures are in thousands of dollars)

Sales 110 129 124

Materials 62 73 71

Labor 28 33 28

Other Inputs 8 12 10


Related Discussions:- Explain total factor productivity and labor productivity

Explain kudler fine foods virtual organization, Resources: University Libra...

Resources: University Library, Kudler Fine Foods Virtual Organization Use the Virtual Organization link on the student website to access additional company information on Kudler

What are the measures to ensure equal opportunity, Affirmative action refer...

Affirmative action refers to a policy or a program that tries to respond to instances of past discrimination by implementing proactive measures to ensure equal opportunity today. I

Explain functional structure with simple structure, Explain how the followi...

Explain how the following somewhat match each other: • functional structure with simple structure • divisional structure with departmentalization by product • machine bureaucracy w

Explain exceed the amount invested in auto loans, A bank is attempting to d...

A bank is attempting to determine where its assets should be invested during the current year. At present, $500,000 is available for investment in bonds, home loans, auto loans, an

What are the pros and cons of cumulative voting, Discuss the pros and cons ...

Discuss the pros and cons of cumulative voting vice regular voting for Directors of a company. Why would a company choose one over the other? Who benefits from each type: sharehold

Explain employer disciplinary actions, Identify how the issues of due proce...

Identify how the issues of due process and just cause are linked to employer disciplinary actions

Variations in volume, Variations in Volume, Variety and Flexibility - Opera...

Variations in Volume, Variety and Flexibility - Operations Function  A classification which is of particular significance for the various issues considered in this course, re

Transportation and assignment problem, Transportation and Assignment Proble...

Transportation and Assignment Problem: Transportation  problem is the  problem of determining the minimum  cost for  allocating a product from  several supply sources to sever

Describe experienced unprecedented growth, Your public school district has ...

Your public school district has experienced unprecedented growth and as a result has built the new 500 student North Park Elementary School. The district has three older and small

Explain what problems associated with planned change, What problems associa...

What problems associated with planned change should the OD practitioner be aware of? How might such problems be overcome?

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