Explain what is the multifactor productivity, Operation Management

Assignment Help:

David Upton is president of Upton Manufacturing, a producer of Go-Kart tires. Upton makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.50 per hour Raw material: 20,000 pounds per day @ $1 per pound Energy: $5,000 per day Capital costs: $10,000 per day a) What is the labor productivity per labor-hour for these tires at Upton Manufacturing? b) What is the multifactor productivity for these tires at Upton Manufacturing? c) What is the percent change in multifactor productivity if Upton can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?


Related Discussions:- Explain what is the multifactor productivity

Responsiveness - customers needs for a product, Responsiveness - Customers ...

Responsiveness - Customers Needs for a Product How quickly the operations system reacts to changes in customer demand. This may be considered as customisation but in terms of

Calculate the desired cycle time, A company is setting up an assembly line ...

A company is setting up an assembly line to produce 192 units per 8-hour shift. The following table identifies the work elements, times and immediate predecessors:  (a)  Wh

Explain what is the optimal solution, Kentwood Electronics manufactures thr...

Kentwood Electronics manufactures three components for stereo systems: CD players, tape decks, and stereo tuners. The wholesale price and manufacturing cost of each item are: Compo

Define the resources over and under capacity, Define the resources over and...

Define the resources over and under capacity. The resources over and under capacity: a. Over capacity: it is also called as spare capacity resources for example, staff

Efficiency of the organisation, Question : Describe as to how the maint...

Question : Describe as to how the maintenance planning will help improve the effectiveness and efficiency of the organisation Advantages of having planning as an exclusive f

States the numerical flexibility workforce, States the numerical flexibilit...

States the numerical flexibility workforce? Numerical flexibility allows a firm to adjust quickly to changing levels of demand through increasing or decreasing the number of

Explain measures that the government could employ, What are some of the mea...

What are some of the measures that governments can take to deter, detect, and prevent terrorists organized in small groups, bunch of guys (BOG) groups, cellular organizations, or a

Explain when acquiring an innovative technology externally, Your company, a...

Your company, a large online high school, is planning to implement a new innovative social networking technology for their students. The technology would allow students to get to k

Explain analysis in determining project risk, Evaluate the use of statistic...

Evaluate the use of statistical analysis in determining project risk and how it might be applied to the human factors of a project

Explain distribution center within a specific time period, 1. The fraction ...

1. The fraction of orders filled by a distribution center or warehouse within a specific time period is referred to as the A. inventory turnover B. inventory supply time C

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