Question
1.a. What is the definition of productivity? Please provide a short explanation.b. What are the difference between Total and Partial Productivity?2. a. Explain how Lean
1.a. What is the definition of productivity? Please provide a short explanation.b. What are the difference between Total and Partial Productivity?2. a. Explain how Lean Management can assist you to seek opportunity to improve productivity?b. Explain about eight waste in Lean.3.Collins Title Company has a stuff of 4, each working 8 hours per day (for a payroll cost of $ 640/ day) and overhead expenses of $ 400 / day (Assumed that Tittle is a legal right of ownership of a property such as houses, building, land, etc.). Collins processes and closes on 8 titles each day.The company recently purchased a computerized title search system that will allow the processing of 14 titles per day. Although the staff, their works hours, and pay will be same, theoverheads expenses are now increase to $ 800 per day.a. Calculate labor productivity with the old system.b. Calculate labor productivity with the new system.c. Calculate total productivity of the old system.d. Calculate total productivity of the new system.e. What do you suggest to Collins4.
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