Partial factor and total factor productivity, Operation Management

Assignment Help:

Consider - a small manufacturing company which produces high quality furniture has provided the following data: 

                                                               2000                            2001

Output: (cost of sales)                                $2.2m                          $3.5m

Inputs: 

Labour                                                      $1m                             $1.5m

Material and supplies                                   $0.8m                          $1.25m

Capital equipment depreciation                      $0.07m                        $0.48m

Compare all partial factor and total factor productivity for 2000 and 2001.

What conclusions do you draw?


Related Discussions:- Partial factor and total factor productivity

Explain why sharing that information is important, Eight Glasses A Day: ...

Eight Glasses A Day: The EGAD Bottling Company has decided to introduce a new line of premium bottled water that will include several designer flavors. Marketing manager Georgia

What are the advantages as well disadvantages of financing, What are the ad...

What are the advantages and disadvantages of financing via the internet?

Make a fictional company and develop a memo to communicate, Create a fictio...

Create a fictional company and develop a memo to communicate the importance of a business continuity plan to the board of directors. The completed assignment should be at least 25

Explain positive organizational behaviours, How might incentives stimulate ...

How might incentives stimulate positive organizational behaviours? Discuss the place of rewards and punishments for organizational members. What is it important to know? What incen

Describe the global nature of sourcing and distribution, Q1. Discuss The gl...

Q1. Discuss The global nature of sourcing and distribution Q2. Let's also take a look at some examples of organizations and their training programs. Take some time to research a

Performance measures - operation strategy, Performance Measures - Operation...

Performance Measures - Operation Strategy It is common to find that measures are made of operational factors which do not contribute to the winning of orders, whilst key facto

Describe the various views of ethics, Discuss the various views of ethics (...

Discuss the various views of ethics (e.g. justice view, moral rights, etc.) and why they are important in business.

Product redesign, factors that influence redesign process

factors that influence redesign process

Explain what are the activities required to produce, What are the outputs o...

What are the outputs of your work unit if you are a manager at a fast-food restaurant? What are the activities required to produce those outputs? What are the inputs?

Explain what is the relationship group cohesiveness, Within and organizatio...

Within and organization, give an example of a formal group and an informal group. What is the relationship group cohesiveness and effectiveness? When might a highly cohesive group

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