A company has made some efforts in improving productivity and it would like to know if it is maintaining an average of 5% increase in productivity. The data below represents year one and year two.
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- A retail store had sales of $45,000 in April and $56,000 in May. The store employs eight full-time workers who work a 40-hour week. In April, the store also had seven part-time workers at 10 hours per week, and in May the store had nine part-timers at 15 hours per week (assume four weeks in each month). Using sales dollars as the measure of output, what is the percentage change in productivity from April to May?A factory produces 14,000 desk staplers each week. The equipment used costs $50,000 and will remain productive for four years. The labor cost per year is $190,000. a. What is the productivity measure of "units of output per dollar of input" averaged over the four-year period? Assume that there are 52 weeks per year. Round your answer to two decimal places. units of output per dollar input b. We have the option of buying $55,000 of new equipment, with an operating life of seven years. It would reduce labor costs to $124,000 per year. Should we consider purchasing this equipment (using productivity arguments alone)? Assume that there are 52 weeks per year. Round your answer for productivity to two decimal places. For the newer machine, the productivity is -Select-, it would be a-Select- investment. -Select- higher lower units of output per dollar input. Because the productivity of the new machine isA fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant counts a cheeseburger as equivalent to 1.25 hamburgers and chicken sandwiches as 0.8 hamburger. Current employment is i ve full-time employees who each work a 40-hour week. If the restaurant sold 700 hamburgers, 900 cheeseburgers, and 500 chicken sandwiches in one week, what is its productivity? What would its productivity have been if it had sold the same number of sandwiches (2,100), but the mix was 700 of each type?
- A shoe factory produces 95,000 shoes each week. The equipment used costs $15,000 and will remain productive for three years. The labor cost per year is $16,000. What is the productivity measure of “units of output per dollar of input” averaged over the three-year period? Hint: Productivity = total units produced divided by the total labor cost plus total equipment costThis year, Druehl, Inc., will produce 57,600 hot water heaters at its plant in Delaware, in order to meet expected global demand. To accomplish this, each laborer at the plant will work 200 hours per month. If the labor productivity at the plant is 0.25 hot water heaters per labor hour, how many laborers are employed at the plant? ttempt Number of laborers employed by the plant = laborers (round your answer to the nearest whole number).An auto dealership has 6 sales people who each work 8.5 hours per day at a rate of $20 per hour plus a $200 commission on each car sold. Each week (5- day weeks) electricity costs are $315 as well as capital costs of $65 per day. If the team sells 3 cars per day what is their multi-factor productivity? 0.001507 cars/dollar 1.716 cars/dollar 0.002941 cars/dollar 0.001716 cars/dollar
- A hamburger factory produces 45,000 hamburgers each week. The equipment used costs $13,000 and will remain productive for four years. The labor cost per year is $12,000. a. What is the productivity measure of "units of output per dollar of input" averaged over the four- year period? Assume that there are 52 weeks per year. Round your answer to one decimal place. hamburgers/dollar Productivity: 153 b. We have the option of $15,000 equipment, with an operating life of five years. It would reduce labor costs to $9,500 per year. Should we consider purchasing this equipment (using productivity arguments alone)? Assume that there are 52 weeks per year. Round your answer for productivity to one decimal place. For the expensive machine, productivity is the productivity of the expensive machine is investment based on this single criterion. lower 187 hamburgers/dollar input. Because it would be a badA cleaning company cleans 100 houses per month and uses S10 of chemicals, S35 of labor, and $5 of misc. expenses for each house it cleans. After some quality complaints, the company has decided to increase its use of chemicals to S40. By what percentage has multifactor productivity decreased? 0% O 16,67% O 37.5% O 50%Cooling Fan Manufacturing started in year 2015. They spend $200,000 total cost to make the shipment including Labor, Materials, Capital Cost and other expenses. They sold the merchandise for $300,000. After 5 years, in year 2020 the expenses double up to $400,000 and the sales also gone up to $1,000,000. Compute the Productivity of Cooling Fan Manufacturing in year 2015 and year 2020. Compare the two scores and Explain what are the possible reason behind.
- answer all the questions below You have just been given the following production reports as a new manager of a company; January February March April Units Produced 230 1,800 2, 800 3,000 Hours Per Machine 325 200 400 320 No of machines 3 5 4 4 What percentage of production is February production? If you are to forecast for May using four month simple moving average, what would be your forecast Determine the average productivity unit for the first three months. Determine the average productivity units per machine.ager checked production records and found that a worker produced 195 units while working 50 hours. In the previous week, the worker produced 148 units while working 40 hours. mpute Current period productivity and Previous period productivity. (Round your answers to 2 decimal places.) rrent period productivity evious period productivity Units / hr Units / hr Did the worker's productivity increase, decrease, or remain the same? (Round your intermediate calculations and final answer to 2 cimal places. Omit the "%" sign in your response.) Vorker's productivity (Click to select) byA major airline is attempting to evaluate the effect of recent changes it has made in scheduling flights between New York City and Los Angeles. Data available are shown below: Number of Number of Flights Passengers 13 8,575 Month prior to schedule change (January) Month after schedule change (June) 22 15,566 Using January as the base period, compute a productivity index for January and June. Round your answers to the nearest whole number. Productivity index January June Using passengers per flight as a productivity indicator, comment on the apparent effect of the schedule change. Use the rounded numbers of passengers obtained above for your calculations. Round your answer for productivity indicator to one decimal place. Productivity -Select- by percent after the schedule change. This could be due to -Select- convenient flight times, -Select- schedules or some other intervening variable.