Explain units of output per dollar of input, Operation Management

Assignment Help:

A hamburger factory produces 40,000 hamburgers each week. The equipment used costs $5,000 and will remain productive for 4 years. The labor cost per year is $9,500. a. What is the productivity measure of "units of output per dollar of input" averaged over the 3-year period? b. We have the option of $10,000 equipment, with an operating life of 5 years. It would reduce labor costs to $6,000 per year. Should we consider purchasing this equipment (using productivity arguments alone)?


Related Discussions:- Explain units of output per dollar of input

Describing the classical and contemporary views, There are five elements of...

There are five elements of organizational design and structure that are used to manage an organization, Division of Labour, Span of Control, Unity of Command, Authority/Responsibil

Explain the forecast for aug based on a weighted moving, What is the foreca...

What is the forecast for Aug based on a weighted moving average applied to the following past demand data and using the weights: 5, 3, 1.5? (largest weight is for most recent data)

Explain how do projects drive accountability, How do projects drive "accoun...

How do projects drive "accountability"? Why would managers fear this particular terminology?

Why the supply chain management such a topic of interest, Why is supply cha...

Why is supply chain management such a topic of interest lately, especially multifacility distribution?

Describe dss category-type according to the ais taxonomy, Your proposal wil...

Your proposal will have the following elements: (a) State your targeted problem/decision process Examples are: - Hotel Reservation Recommender System - Course Selection

Explain does an mrp system take seasonal items, Does an MRP system take sea...

Does an MRP system take seasonal items into account? If yes, how does this work?

Explain how can advertisers use the vals information, How can marketers use...

How can marketers use the VALS information to serve consumers better? Name five types of products or services for which the VALS information would be particularly useful. Explain.

Explain what are the disadvantages of nucor''s choice, Instead of a separat...

Instead of a separate performance appraisal system, Nucor judges performance based on bottom line of quality, productivity, and profitability. What are the disadvantages of Nucor's

What are the benefits and limitations of e-business, 1. Describe, in genera...

1. Describe, in general terms, the quality of staff needed to manage an ERP system?  2. According to Cisco Systems, on what simple truth is their entire Internet commerce initia

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