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 what is the dpmo measure, 1) The following table lists all costs of...

1) The following table lists all costs of quality incurred by Sam's Surf Shop last year. What was Sam's appraisal cost for quality last year? Annual inspection costs $ 155,000

Calculate annual breakeven number of meals, The restaurant would serve dinn...

The restaurant would serve dinner Tuesday through Saturday. Brian has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be mo

Point rating method, Point  Rating Method In  selecting  a site  of l...

Point  Rating Method In  selecting  a site  of location companies  have several  objectives, but  not  all are  of equal  importance. The relative weight a company assigns to

Explain define the behaviour of leaders modelling excellence, Describe the ...

Describe the behaviours of leaders modelling excellence. How do you assess excellence and how does that inspire you to perform at higher level?

Explain the different delivery styles that speakers , Explain the different...

Explain the different delivery styles that speakers can select for their presentation.

Describe some of the important factors new location, List and explain some ...

List and explain some of the important factors to be considered when selecting a new location for a hospital to be built from some potential site

Construct a markov chain and its steady-state probabilities, Suppose that a...

Suppose that at any period of time a photo-copier machine can either be working properly, in need of maintenance, in need of minor repair, or in need of major repair. If the photoc

Explain supply node is one where the total flow, A) supply node is one wher...

A) supply node is one where the total flow into the node is less than the total flow out of the node B) A transshipment node is one where the total flow into the node equals th

Explain the lead time for paper delivery, First printing has contracts with...

First printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 12,500 pages of documents. The lead time for paper

Explain how are sla''s performance standards agreed upon, How are SLA's per...

How are SLA's performance standards agreed upon? Give three examples of SLA's and how they would be agree upon.

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