The output of a process is valued at $100 per unit. The cost of labor is $50 per hour. The accounting department provided the following information about the process for the past two weeks:
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- Carpet City recorded the following data on carpet installa-tions over the past week. Use the data to calculate the average rate (in yards per hour) at which carpet can be installed. Installation 1 2 3Square yards 1225 1435 2500No. of workers 4 3 5No. of hours per worker 3 5 6George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Last Year Now Cost Per Input Unit Units Produced 1,200 1,200 Labor (hours) 280 255 $10 per hour Resin (pounds) 50 45 $6 per pound Capital Invested ($) 10,000 11,000 2% per month Energy (BTU) 3,000 2,850 $0.50 per BTU The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = nothing%…1. At syntecks, the output of a specific process is valued at $100 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: week 1 week 2 week 3 week 4 units produced 1,124 1,310 1,092 981 labor ($) 12,735 14,842 10,603 9,526 materials ($) 21,041 24,523 20,442 18,364 overhead ($) 8,992 10,480 8,736 7,848 a. use the multifactor productivity ratio to see whether recent process improvements had any effect and, if so when the effect was noticeable b. has labor productivity changed? use the labor productivity ratio to support your answer
- Mariah Enterprses makes a variety of consumer electronic products Its camera manutacturing plant is considering choosing betwoen two different processes, named Alpha and Beta, which can be used to make a component part To make the correct docision, the mariagers would like to compare the labor and multifactor productivity of process Alpha with that of process Beta The value of process output for Alpha and Beta is $140 per unit of product A and $160 por unit of product B, and the corresponding overhead costs tor Alpha and Beta are $3,000 and S8,000, respoctively Process Alpha Process Beta Product Output (units) Labor (S) Materials (5) B. A 80 40 70 60 $2,000 $2,500 $1,200 $1,400 $1,000 $1,400 $3,500 $1,500 a. Which process, Alpha or Beta, is more productive? Process Beta hass higher labor productivity Process has % highor multifactor productivity (Enter your responses rounded to the nearest whole number)George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Last Year Now Cost Per Input Unit Units Produced 1 comma 0001,000 1 comma 0001,000 Labor (hours) 300300 275275 $1010 per hour Resin (pounds) 5050 4545 $66 per pound Capital Invested ($) 10 comma 00010,000 11 comma 00011,000 22% per month Energy (BTU) 3 comma 0003,000 2 comma 8502,850 $0.600.60 per BTU The percent change in productivity for one month last year versus one month…4. Productivity can be determined as Output divided by Input True False A B
- George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year: Last Year Now Cost Per Input Unit Units Produced 1,200 1,200 Labor (hours) Resin (pounds) $10 per hour $6 per pound 2% per month $0.60 per BTU 300 275 50 45 Capital Invested ($) Energy (BTU) 10,000 11,000 2,900 2,750 The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = % (enter your response as a percentage rounded to two decimal places).George Kyparisis makes bowling balls in his Miamiplant. With recent increases in his costs, he has a newfound interestin efficiency. George is interested in determining the productivityof his organization. He would like to know if his organization is maintaining the manufacturing average of 3% increase in produc-tivity per year? He has the following data representing a month from last year and an equivalent month this year:At Symtecks, the output of a specific process is valued at $100 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 Units Produced 1,124 1,310 1,092 981 Labor ($) 12,735 14,842 10,603 9,526 Material ($) 21,041 24,523 20,442 18,364 Overhead ($) 8,992 10,480 8,736 7,848 a. Use the multifactor productivity ratio to see whether recent process improvements had any effect and, if so, when the effect was noticeable.b. Has labor productivity changed? Use the labor productivity ratio to support your answer.
- 20. Manufacturing is often subject to a higher degree of variability of inputs than Service operations. AT 6. F gisCutie's Cruise Lines realized that they lose money every time they sail with even one empty cabin. The company VP of Operations has asked you, the company analyst, to calculate some metric to measure productivity for the last 5 sailings. Use the following data to determine your company's process yield as a percentage. Cabins Cabins Ship Available Occupied Anna 1940 2150 1860 Betty 2083 Charlie 1900 1810 Don 1930 1630 Eben 1310 1228 (Keep two decimal places in your answer) Your Answer: AnswerGeorge Kyparisis makes bearing balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity per year. He has the following data representing a month from last year and an equivalent month this year: LAST YEAR NOW Production 1,000 1,000 Labor (hours) 300 250 Resin (pounds) 50 45 Capital invested ($) |10,000 11,000 Energy (BTU) 3,000 2,750 Show the productivity percentage change for each category and the multifactor productivity if possible, and then determine the improvement for labor-hours, the typical standard for comparison.