Answered step by step
Verified Expert Solution
Question
1 Approved Answer
BUSN 3430 Operations Management Homework Assignment 1 Maximum Score: 44 points 1. Problem 1.3, Page 21 2. Problem 1.13 and 1.14, Page 22 3.
BUSN 3430 Operations Management Homework Assignment 1 Maximum Score: 44 points 1. Problem 1.3, Page 21 2. Problem 1.13 and 1.14, Page 22 3. A company has asked you to evaluate the firm's productivity by comparing this year's performance with last year's. The following data are available: Last Year This Year Output 4,500 units 4,500 units Labor Hours 380 350 Utilities (BTUS) 4,800 Capital $6,000 3,500 $8,500 (t (b) Which category shows the greatest increase and which shows the least? 4. The CEO has asked you to evaluate the firm's productivity by comparing performance a month from last year and equivalent month this year. The following data are available: Last Year This Year Output Labor (hours) 4,500 units 4,500 units 380 350 Utilities (BTUs) 4,800 3,250 Capital $6,000 $8,500 The CEO determines his costs to be as follows: . Labor $30 per hour Utilities $2.50 per BTU Capital 10% per month of investment. Show the productivity change, for one month last year versus one month this year, on a multifactor basis. DUE DATE: Thursday September 15th @ 11:59PM (Submit on Blackboard)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started