How to compute the expected labor, Operation Management

Assignment Help:

The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $30, overhead rate is 1.0 times labor cost, and material cost is $7 per customer.

Units Employees Customers Processed

A 3 28

B 6 44

C 7 62

D 2 22

a.Compute the labor productivity and the multifactor productivity for each unit. Use an 8 hour day for multifactor productivity. And if a new procedure is introduced that allows employees to process one additional customer per day, compute the expected labor and multifactor productivity rates for each unit.

b. Suppose a new, more standardized procedure is to be introduced that will enable each employee to process one additional customer per day. Compute the expected labor and multifactor productivity rates for each unit


Related Discussions:- How to compute the expected labor

Explain competitors seem strongest against google, Goggle's Strategy 2010: ...

Goggle's Strategy 2010: Which of the five competitors seem strongest against Google? Weakness? What is your assessment of overall industry attractiveness?

Case study on back unopened book for a refund, I recently rented a book and...

I recently rented a book and it turns out that I no longer need to be in the class that requires that book. The book just got here today and I have not opened the package at all. I

State the term capacity, State the term capacity. Capacity: It is...

State the term capacity. Capacity: It is the capability of an operation to do and produce. The maximum restriction to the volume of product or service an organisation can

How business leadership accomplishing company objectives, Provide two examp...

Provide two examples of current leaders and describe how they demonstrate their leadership characteristics. What separates these characteristics from management techniques? How eff

Soucing, advantages and disadvantages of parallel sourcing

advantages and disadvantages of parallel sourcing

Formulate an integer programming model using excel solver, New fire station...

New fire stations are to be located in a city and the major of the city wants to decide where to locate the 2 fire stations. For planning purposes, the region has been divided into

Environmental forces, Aska) what types of strategic plans must wild west ma...

Aska) what types of strategic plans must wild west make? Is the "doing-nothing" viable? If Wild west''s mission appears too broad, which business would you trim first? b) what env

Describe what the advantages of making vs buying, You are the Vice-Presiden...

You are the Vice-President of Manufacturing for a company which manufactures small personal appliances. Your R & D department has designed a revolutionary, new type of electric t

Competitive priorties, explain basic competitive priorities considered whil...

explain basic competitive priorities considered while formulating operations strategy by a firm?

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