Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

"Mack's guitar fabrication shop produces low cost, highly durable guitars for beginners. Typically, out of the 100 guitars that begin production each month, only 80 percent are considered good enough to sell. The other 20 percent are scrapped due to quality problems that are identified after they have completed the production process. Each guitar sells for $250. Because some of the production process is automated, each guitar only requires 10 labor hours. Each employee works an average of 160 hours per month. Labor is paid at $10/hour, materials cost is $40/guitar, and overhead is $4,000. A. find out the labor and multifactor productivity ratio. B. After some study, the operations manager recommends 3 options to improve the company's multifactor productivity: (1) increase the sales price by 10 percent, (2) improve quality so that only 10 percent are defective, or (3) reduce labor, material, and overhead costs by 10 percent. Which option has the greatest impact on the multifactor productivity measure?"

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M980151

Have any Question?


Related Questions in Operation Management

Under what conditions will a related diversification

Under what conditions will a related diversification strategy not be a source of competitive advantage for a firm? Instructions Write a paper addressing the question of related diversification strategies and competitive ...

What are some of the nonquantitative factors in valuing a

What are some of the nonquantitative factors in valuing a business? With a college business degree in hand, you are headed for a job in the family business. As a result of your education, you have become aware of some ou ...

1 what are the limitations of graphic rating scale

1. What are the limitations of Graphic Rating Scale Method,Scale for Alternate Ranking and Critical Incident Method based on HRM? 2. Apply supply chain management to a fast food resturant while considering all steps of c ...

Markland manufacturing intends to increase capacity by

Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have presented proposals. The fixed costs are $ 50,000 for proposal A and $ 80,000 for proposa ...

1 in your opinion what are some indicators of a good leader

1. In your opinion, what are some indicators of a good leader? Why are these indicators important to you? 2. Analyze the steps of knowledge discovery of data processing. Give an example. IN 200 WORDS OR MORE 3. What are ...

Do characteristics of identity play a role in how

Do characteristics of identity play a role in how successful/unsuccessful, accepted/rejected leadership ACTIONS are, within a situational context? Might a theory of adaptive leadership be tied more to participant percept ...

1 what you think about the concept of using professional

1. What you think about the concept of using professional certifications to drive learning and application in the healthcare information technology environment? 2. What is it about google's human resource practices and p ...

Find an example illustration or application of this weeks

Find an example, illustration, or application of this week's topic from any source listed in this week's assignment. Any sources should be cited. • The news media (including newspapers, trade publications, magazines, onl ...

Case warkworth furniturewarkworth furniture specializes in

CASE Warkworth Furniture Warkworth Furniture specializes in environmentally friendly and sustainable furniture. One of its products, the TePaki desk, uses bamboo for the surface and recycled aluminum for the supports. Th ...

1 explain in your own words what a leading question is

1. Explain, in your own words, what a leading question is. Write three health care-related questions that are leading. Explain, in your own words, what a double-barreled question is. Write three health care-related quest ...

  • 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