Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q2. In an operation at a bank, six customer service employees can finish 900 transactions per five days. Calculate the labor productivity of this operation

Q2.In an operation at a bank, six customer service employees can finish 900 transactions per five days. Calculate the labor productivity of this operation per day.

b. In a factory that assembles chairs, five workers can produce 500 chairs in a week. Of that batch assume 100 chairs are defect which the store sells in its factory outlet at $40 each, the other 400 chairs are sold in its retail shops at $60 each. Labor cost of producing that patch is $1000 per worker, material cost is $20 per chair and overhead expenses are $1000. Calculate the multifactor productivity for this operation.

Q3. Can a factory be fast, dependable, flexible, produce high-quality products, and still provide poor service from a customer's perspective?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of strategic management

Authors: Charles w. l. hill, Gareth r. Jones

3rd Edition

1111525196, 978-1111525194

More Books

Students also viewed these General Management questions

Question

Describe trends in B-to-B Internet marketing? LO.1

Answered: 1 week ago

Question

What is your theoretical orientation? (For Applied Programs Only)

Answered: 1 week ago

Question

=+ What is the social structure and personality perspective?

Answered: 1 week ago