Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

George Kyparisis determines his costs to be as follows:

Labor: $10 per hour

Resin: $5 per pound

Capital expense: 1% per month of investment

Energy: $.50 per BTU

Show 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.

                             Last Year             Now

Units produced         1,000                1,000

Labor (hours)               300                   275

Resin (pounds)               50                    45

Capital invested ($)   10,000          11,000

Energy (BTU)               3,000              2,850

Please show how you got answer step by step.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92276014

Have any Question?


Related Questions in Operation Management

1 examine each of the pairs of organizations the authors

1. Examine each of the pairs of organizations the authors discuss. Determine whether their strategies are based on industrial organization (I/O) or resource-based view (RBV) assumptions. What does this imply about strate ...

1 what are the characteristics of a good team mission

1. What are the characteristics of a good team mission statement. 2. Identify the five competitive forces (Porter's Five Forces) that determine industry profitability.  Are some industries more profitable than others?  I ...

Resistance to change please respond to the followingread

Resistance to Change" Please respond to the following: Read the article titled "The Role of Corporate Communication and Perception of Justice during Organizational Change Process". Next, analyze the relationship between ...

1 the manager of a car wash must decide whether to have one

1. The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $6,000 a month, and two lines will mean a fixed cost of $10,500 a month. Each line would be able to proce ...

1 a safety professional has a number of responsibilities in

1. A safety professional has a number of responsibilities in the workplace. Name and briefly describe three of these responsibilities. 2. The Occupational Safety and Health Administration (OSHA) performs six major functi ...

Best buy is the largest consumer electronics retailer in

Best Buy is the largest consumer electronics retailer in the United States, accounting for 19 percent of the market. Globally, it operates around 4,000 stores in the United States, Canada, Mexico, China, and Turkey. Its ...

1 what are the pitfalls of using coercion as a method of

1. What are the pitfalls of using coercion as a method of implementing change? 2. An appliance retailer purchased a small vacuum cleaner for $98.99. He plans to take a 45% markup. What will the selling price be? 3. MyApp ...

Haber wood products ltd had a permit from the provincial

Haber Wood Products Ltd. had a permit from the provincial government to extract water from a nearby river for manufacturing purposes. It was also permitted to discharge the water, which now contained harmless chemicals, ...

says that behavior that is rewarded will increase while

_____________ says that behavior that is rewarded will increase, while behavior that is punished will decrease. 1. ERG theory 2. Reinforcement theory 3. Equity theory says that behavior that is rewarded will increase, wh ...

Delivery of food and nutrition services requires knowledge

Delivery of food and nutrition services requires knowledge of many parts of the operation. Use knowledge and information you have gained thus far and consider the Systems model for the following quesiton: Identify and li ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As