Question
1.) Olympics Corporation is a toy manufacturer. The corporation wished to increase productivity. You've been tasked as the accountant with creating a new pay plan
1.) Olympics Corporation is a toy manufacturer. The corporation wished to increase productivity. You've been tasked as the accountant with creating a new pay plan based on throughput performance. You've obtained the following information during the last month: Units in progress - 12,000,000; Units produced - 9,600,000; Molding time - 800 hours; Assembly time - 400 hours; Inspection Time - 400 hours; Stacking Time - 200 hours. What is the productivity rate?
2.)Toys are made by Dynamite Corporation. The corporation wishes to increase productivity. You've been tasked as the accountant with creating a new pay plan based on throughput performance. You've obtained the following information during the last month: Units in progress - 12,000,000; Units produced - 9,600,000; Molding time - 800 hours; Assembly time - 400 hours; Inspection Time - 400 hours; Stacking Time - 200 hours. What is the process quality yield?
3.) Permission Corporation manufactures toys. The Company want to improve productivity. As the accountant, you are asked to design a new compensation plan based on throughput performance measure. You have gathered the following data from the recent month: Units that are placed in progress - P12,000,000; Units manufactured - P9,600,000; Molding time - 800 hours; Assembly time - 400 hours; Storage Time - 400 hours. What is the hourly throughput?
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