A team of workers makes 400 units of a product, which is sold in the market for $11 each. The accounting department reports that the labor costs are $400, $1000 for materials, and $300 for overhead. Calculate the productivity of this team operation. (In sales revenue/ Costs). 2.58 2.35 3.14 2.55
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- true/false 7) Float is days an activity can be delayed without delaying project completion.8) Design-Build projects have a higher cost than Design-Bid-Build.9) 4D CAD software automates Estimating by providing costs.10) Accurate Assessment of Labor productivity is difficult.As part of the Department of Labor Statistics, you are assigned the task of evaluating the improvement of small businesses. Data for one of the small businesses are shown below. The data are monthly average of last year and monthly average of this year. Last Year This Year Production (dozens) 1,500 1,500 Labor (hours) 350 325 Capital Investment ($) 15,000 18,000 Energy (BTU) 3000 2700 Labor: $10.00/hr. Capital: 6% per month of Investment Energy: $0.75 per BTU. Determine the labor productivity in labor dollars for last year and this year. Determine the multifactor productivity for last year and this year. Determine the percentage change in productivity for last year versus this year.= Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1.00 per pound $5,250 per day $10,250 per day a) Labor productivity per labor hour for these tires = Labor: Raw Material: Energy: Capital: tires/labor hour (round your response to two decimal places). a
- Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: 425 hours per day @ $12.00 per hour 20,000 pounds per day @ $1.50 per pound $5,250 per day $10,250 per day a) Labor productivity per labor hour for these tires = Labor: Raw Material: Energy: Capital: tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires = tires/dollar (round your response to four decimal places). c) The percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs = percentage rounded to two decimal places). Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change. % (enter your response as aIt is your first six months at your new job as an HR assistant at Groceries for You, a home delivery grocery service. When you ask the HR director, Chang, about performance evaluations, he just rolls his eyes and tells you to schedule a meeting in his Outlook calendar to discuss them. In the meantime, you gather some data that might be helpful in your discussion with Chang. Number of managers 4 Number of employees 82 The average span of control Delivery—38 Warehouse—24 Marketing/technology—16 Job types11—customer service1—delivery manager1—warehouse manager1—marketing and technology manager38—delivery drivers24—warehouse workers1—tech support5—marketing and website design When you meet, Chang is very forward with you about the current process. “Right now, managers groan when they are told they need to complete evaluations. The evaluations are general—we use the same form for all jobs in the organization. It appears that promotion decisions are not based on the…What would an outline of a value chain look like for a staffing agency? Analyze the value chain of your firm for the purpose of determining where you are able to create value using your resources, capabilities, and core competencies.
- A 2-man crew made 180 widgets in 10 hours, while a 3-man crew made 120 widgets in 4 hours, and a 5-man crew made 110 widgets in 2 hours. What is each crew’s productivity as measured by widgets per man-hour? Which crew is the most productive?Munson Performance Auto, Inc., modifies 375 autos per year. The manager, Adam Munson, is interested in obtaining a measure of overall performance. He has asked you to provide him with a multifactor measure of last year’s performanceas a benchmark for future comparison. You have assembled the following data. Resource inputs were labor, 10,000 hours; 500 suspension and engine modification kits; and energy, 100,000 kilowatt-hours. Average labor cost last year was $20 per hour, kits cost $1,000 each, and energy costs were $3 per kilowatt hour. What do you tell Mr. Munson?It is your first six months at your new job as an HR assistant at Groceries for You, a home delivery grocery service. When you ask the HR director, Chang, about performance evaluations, he just rolls his eyes and tells you to schedule a meeting in his Outlook calendar to discuss them. In the meantime, you gather some data that might be helpful in your discussion with Chang. Number of managers 4 Number of employees 82 Average span of control Delivery—38 Warehouse—24 Marketing/technology—16 Job types 11—customer service 1—delivery manager 1—warehouse manager 1—marketing and technology manager 38—delivery drivers 24—warehouse workers 1—tech support 5—marketing and website design When you meet, Chang is very forward with you about the current process. “Right now, managers groan when they are told they need to complete evaluations. The evaluations are general—we use the same form for all jobs in the organization. It appears that promotion decisions are…
- Ron Garcia felt good about his first week as a management trainee at Mexicana Wire Winding, Inc. He had not yet developed any technical knowledge about the manufacturing process, but he had toured the entire facility, located in the suburbs of Mexico City, and had met many people in various areas of the operation. Mexicana, a subsidiary of Westover Wire Works, a Texas firm, is a medium-sized producer of wire windings used in making electrical transformers. Carlos Alverez, the production control manager, described the windings to Garcia as being of standardized design. Garcia's tour of the plant, laid out by process type (see Figure 7.20), followed the manufacturing sequence for the windings: drawing, extrusion, winding, inspection, and packaging. After inspection, good product is packaged and sent to finished product storage; defective product is stored separately until it can be reworked. On March 8, Vivian Espania, Mexicana's general manager, stopped by Garcia's office and asked him…The Wonderful Widget Company's earning have declined to the point where they need to reduce the number of employees from 1500 to 1440. Find the percent decrease in the company's workforce.As a human resource specialist, you have decided to use a productivity factor approach for determining future human resource requirements and employee turnover rates for estimating availability of current employees for meeting human resource requirements. Current annual revenue is $325,000,000 with next year's revenue projection set at an increase of 15%; the revenue increase expected for the following year is 10%. Productivity of assembly / operative workers will increase 10% next year and 5% the year after next. Productivity of all other employees will remain constant over the next two years. A. How many employees are needed next year (or one year from now) in total and in each classification? B. How many employees in total and in each classification will be available one year from now to fill various positions? C. What action decisions are necessary when comparing the demand and supply forecasts for next year? D. How many assembly / operative workers are needed for two years from…