Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Innova Creations, Inc. has the following data for the first two quarters of year 2017: Quarter 1, 2017 Output: Sales 500,000 units sold at $10 per unit, Quarter 2, 2017 625,000 units sold at $10 per unit Inputs: Q1 Labor 11,500 labor-hours at $15 per labor-hour, Q2 11,000 labor-hours at $15 per labor-hour Q1, Machine 8,000 machine-hours at $20 per machine-hour, Q2 8,500 machine-hours at $20 per machine-hour. Q1 Raw Materials 7,500 pounds at $8 per pound, Q2 6,500 pounds at $8 per pound, Q1 Energy 25,000 kWhs at $0.75 per kWh, Q2 25,500 kWhs at $0.75 per kWh. Q1 Other Costs $5,000, Q2 $5,500

a. Calculate the labor productivities (expressed in units sold per dollar invested in labor) in quarters 1 and 2. What is the percentage change in the labor productivity from quarter 1 to quarter 2?

b. Calculate the machine productivities (expressed in units sold per machine-hour) in quarters 1 and 2. What is the percentage change in the machine productivity from quarter 1 to quarter 2?

c. Calculate the material productivities (expressed in sales dollars earned per pound of raw materials) in quarters 1 and 2. What is the percentage change in the material productivity from quarter 1 to quarter 2?

d. Calculate the energy productivities (expressed in sales dollars earned per dollar invested in energy) in quarters 1 and 2. What is the percentage change in the energy productivity from quarter 1 to quarter 2?

e. Calculate the labor-machine productivities (expressed in units sold per dollar invested in labor and machine) in quarters 1 and 2. What is the percentage change in the labor-machine productivity from quarter 1 to quarter 2?

f. Calculate the machine-material productivities (expressed in sales dollars earned per dollar invested in machine and raw materials) in quarters 1 and 2. What is the percentage change in the machine-material productivity from quarter 1 to quarter 2?

g. Calculate the labor-machine-energy productivities (expressed in sales dollars earned per dollar invested in labor, machine, and energy) in quarters 1 and 2. What is the percentage change in the labor-machine-energy productivity from quarter 1 to quarter 2?

h. Calculate the total factor productivities (expressed in units sold per total dollar invested in labor, machine, raw materials, energy, and other costs) in quarters 1 and 2. What is the percentage change in the total factor productivity from quarter 1 to quarter 2?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92503436

Have any Question?


Related Questions in Operation Management

1 the census bureaus current population survey shows that

1. The Census Bureau's Current Population Survey shows that 28% of individuals, ages 25 and older, have completed four years of college. For a sample of 15 individuals, ages 25 and older, what is the probability that eig ...

For your final presentation you will play the role of a

For your final presentation, you will play the role of a Project Management Team at a well-known company about to start a major project. You will be responsible for the following items: Choose a well-known company and a ...

1 describe your strengths and weaknesses donrsquot just

1. Describe your strengths and weaknesses. Don’t just rely on your opinions of your abilities. Ask your parents, relatives, friends, and employers what they think, too. Encourage them to be honest and then be prepared to ...

Griffin has been a new manager for a couple of weeks over

Griffin has been a new manager for a couple of weeks. Over time, he realizes his team likes to socialize during meetings, which tend to run long or veer off-topic. What can Griffin do to help keep the group on task? Enco ...

Huckaby motor services inc rebuilds small electrical items

Huckaby Motor Services, Inc. rebuilds small electrical items such as motors, alternators, and transformers, all using a certain type of copper wire. The firm's demand for this wire is approximately normal, averaging 20 s ...

Do you think that tata motors will be able to maintain a

Do you think that Tata Motors will be able to maintain a competitive edge based on price? If so, what will happen if other car markers match the Nano's low price? Do you think the Nano will succeed in India or around the ...

Case -harley-davidson strategic competitiveness that spans

Case -Harley-Davidson: Strategic Competitiveness that Spans Decades By Guriqbal Cheema, Joel Cunningham, Pallavi Daliparthi, John Klostermann, Brian Rabe. Questions for Individual Case Analysis Please note that the quest ...

1 tim hortons case discussion perform a swot analysis of

1. Tim Horton's Case Discussion. Perform a SWOT analysis of Tim Hortons Inc. Does the company have any competences? What are they? Does it lead them to have a sustainable competitive advantage? 2. Conduct a competitive c ...

Case study the problems of multitaskingan eastern us

Case Study: The Problems of Multitasking An eastern U.S. financial services company found itself way behind schedule and over budget on an important strategic program. Both the budget and schedule baselines had begun sli ...

Kfc is fixing a mistake it has been making for years kfc

KFC is fixing a mistake it has been making for years KFC knows it has lost customers' trust. Now it is debuting a new programme to win Americans back. "Customers were saying, 'Your food doesn't taste the same,'" Jason Ma ...

  • 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