Explain what is the labor productivity, Operation Management

Assignment Help:

The weekly output of a fabrication process is shown below together with data for labor and material inputs. Standard selling price is $100 per unit. Overhead is charged weekly at the rate of $2000. Assume a 40-hour week and an hourly wage of $14. Material cost is $8 per foot.

Week Output # Workers Material (feet)

1 420 6 1000

2 375 5 1000

a. (1) What is the Multifactor Productivity for Week 1 and Week 2?

b. (1) What is the Labor productivity for Week 1 and Week 2?

c. (1) Is the business Better Off or Worse Off in Week 2? Why or Why not?


Related Discussions:- Explain what is the labor productivity

Explain what organization sets standard for frame relay, What organization ...

What organization sets standard for frame relay? a. ITU b. IEEE c. IETF d. FCC

Explain how does this sort of thing happen in organizations, We have all wo...

We have all worked with someone who did not seem to fit the role for which he or she was hired, or did not seem to fit in with the organization, or did not have the right skills fo

Information can be use effectively finish the swot analysis, 1. List at lea...

1. List at least FIVE sources you will use to obtain information about the firm%u2019s strengths, weaknesses, opportunities, and threats. Discuss what categories of the SWOT elemen

Illustrate overview of operational functions or departments, Illustrate the...

Illustrate the overview of operational functions or departments? Organisations create products or deliver services and act rely heavily onto operational processes to create eff

Logical process modeling, What is logical process modeling? What is physica...

What is logical process modeling? What is physical modeling?

Explain enable them to limit the probability of a stockout, A wine company'...

A wine company's daily demand is normally distributed with a mean of 18 bottles, and a standard deviation of 4 bottles. This company checks their winery's stock every 30 days. In t

Find the total book value of the assets, Alfonzo's Pizzeria purchased its b...

Alfonzo's Pizzeria purchased its building 8 years ago at a cost of $76,000. The building is currently valued at $212,000. Alfonzo's has other fixed assets that cost $58,000 and are

Explain reliability required for each component equals, A new aircraft cont...

A new aircraft control system is being designed that must be 98.0% reliable. This system consists of three components in series. If all three of the components are to have the s

Manufacturing sector - operation strategy, Manufacturing Sector - Operation...

Manufacturing Sector - Operation Strategy 1. Manufacturing has become a global industry with worldwide markets and worldwide suppliers  2. Goods becoming commodity items -

Explain best decision based on an expected monetary value, The product desi...

The product design group of Flores Electrick Supplies, Inc., has determined that it needs to design a new series of switches. It must decide on one of three design strategies. The

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