Explain what is the multifactor productivity of the plant, Operation Management

Assignment Help:

An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which allows for 3 separate 8 hour shifts. a. If a worker can produce 10 parts/hour, how many workers are needed on each shift? b. If each shift has 100 workers, what is the productivity of an individual worker? c. If material costs are $10/part, capital costs are $100,000 and labour costs are $10/hour, what is the multifactor productivity of the plant from part A?


Related Discussions:- Explain what is the multifactor productivity of the plant

Compute the service to club members and casual flyers, Evaluate the service...

Evaluate the service to club members and casual flyers by completing a table similar to table 3.1

Factors affecting scheduling - external factors, Factors Affecting Scheduli...

Factors Affecting Scheduling - External Factors The following factors govern the scheduling and are to be considered before establishing scheduling plan: External Factors:

Explain city water supply system, The network in figure below shows the pip...

The network in figure below shows the pipeline transportation system for treated water from the treatment plant (node 1) to a city water supply system (node 14). The arc capacities

Explain the decision variables for this problem, Problem 4: Comp-Max Comput...

Problem 4: Comp-Max Computers assembles computers and computer equipment. It is about to start production of three new types of computers, called model A, B, and C, respectively. E

Explain what do you think are the most important forces, What do you think ...

What do you think are the most important forces in the external environment creating uncertainty for organizations today? Do the forces you identified typically arise in the task e

Explain competitive position through differentiation, In both Europe and No...

In both Europe and North America, established airlines are desperately cutting costs in order to compete with the increasing number of budget airlines. However, it is highly unlike

Advantages, what is an advantages of operations management applied to apple...

what is an advantages of operations management applied to apple during the manufacturing of the laser equipment machine?

Define the operations strategy, What is operations strategy?  Answer: Op...

What is operations strategy?  Answer: Operations strategy is the plan and actions taken at operational level to support and implement the business strategy. An operations strate

Compute present value of cash flow stream by interest rates, Calculate the ...

Calculate the present value of the cash flow stream in problem 2 with the following interest rates- 1. Year 1 = 8% 2. Year 2 = 6% 3. Year 3 = 10% 4. Year 4 = 4% 5. Year 5 = 6% 6. Y

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