Answer a= Labor productivity = 500/(5*8) =12.5 units/labor hours
Answer b= Multifactor productivity= 500/(5*8*10+300*3+1.5*5*8*10) =0.2632 or26.32%
A manufacturing operation working 8 hrs a day produces 500 units. These units were produced by...
QUESTION 2 3 p Compute the multifactor productivity measure for an 8 hour day in which the usable output was 630 units, produced by 5 workers who used 905 pounds of materials. Workers have an hourly wage of 17 and material cost is 2.2 per pound. Overhead is 1.5 times labor cost The multifactor productivity (units/S)- decimal places) (round to 4
Compute the multifactor productivity measure for an 8 hour day in which the usable output was 920 units, produced by 6 workers who used 354 pounds of materials. Workers have an hourly wage of 19 and material cost is 3.2 per pound. Overhead is 1.6 times labor cost. The multifactor productivity (units/$) = Blank 1 (round to 4 decimal places)
Save Answer Question 17 3 points Compute the total productivity measure, in units/dollar, for an eight-hour day in which the usable output was 2,770 units, produced by three workers who used 503 pounds of materials. Workers have an hourly wage of $19; and material cost is $2 per pound, Overhead is 1.5 times labor cost. (Write your answer using TWO decimal places).
Question 17 3 points Save Answer Compute the total productivity measure, in units/dollar, for an eight-hour day in which the usable output was 3,463 units, produced by three workers who used 596 pounds of materials. Workers have an hourly wage of $22, and material cost is $2 per pound. Overhead is 1.5 times labor cost. (Write your answer using TWO decimal places).
Question 1: The following shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $10, overhead rate is 1.5 times labor cost, and material cost is $5 per customer. b) Suppose a new, more standardized procedure is to be introduced that will enable each employee to process two additional customer per day. Compute the expected labor and multifactor productivity rates for each unit. Unit Employees Customers per day A...
Question 17 3 points Save Answer Compute the total productivity measure, in units/dollar, for an eight-hour day in which the usable output was 3,463 units, produced by three workers who used 596 pounds of materials. Workers have an hourly wage of $22, and material cost is $2 per pound. Overhead is 1.5 times labor cost. (Write your answer using TWO decimal places). Question 18 Toyota is famous for several innovations, including its TPS. What is the production strategy they follow...
A company produces 300 units of a product a day, which costs $12 per unit. It employs 3 workers who work 8 hours a day at an hourly rate of $12 dollars per hour. The cost for materials is $1,200 and overhead is $260. The company plans to outsource some of its work to the outside suppliers. The administration believes it will allow lay off one of the workers (use only two workers), pay the other two workers an hourly...
please answer both questions
% (round to 2 decimal places) QUESTION 2 Compute the multifactor productivity measure for an 8 hour day in which the usable output was 653 units, produced by 7 workers who used 534 pounds of materials. Workers have an hourly wage of 19 and material cost is 1.2 per pound. Overhead is 1.5 times labor cost 3 paints The multifactor productivity (units/S) (round to 4 decimal places) QUESTION 3 3points ve A A health club has...
Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week Output (units) Workers Material (lbs) 1 30,000 5 450 2 35,000 7 500 3 30,000 7 500 4 40,000 7 600 Week MFP (Output / Total Cost) 1 2 3 4
Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound. (Round your answers to 2 decimal places.) Week Output (units) 26,000 31,000 29,000 33,000 Workers Material (1bs) 400 450 490 510 WeekMFP (output/ Total Cost)