Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 2 0 / 2 0 pts The manager of a crew that installs carpeting has tracked the crew's output over the past several

Question 1
20/20 pts
The manager of a crew that installs carpeting has tracked the crew's output over the past several weeks, obtaining these figures. What is the week with the highest labor productivity?
Week Crew Size Yards Installed
1488
2363
3595
4384
5460
6252
Week 2
Week 1
Week 3
Correct!
Week 4
Week 6
Week 5
Yes, the correct answer is: Week 4(28 yards/crew)
Question 2
20/20 pts
The manager of a crew that installs carpeting has tracked the crew's output over the past several weeks, obtaining these figures. What is the labor productivity of the week with the least productivity?
Week Crew Size Yards Installed
1488
2363
3595
4384
5460
6252
26 yards/crew
Correct!
15 yards/crew
22 yards/crew
21 yards/crew
19 yards/crew
Yes, it is 15 yards/crew in week 5.
Question 3
20/20 pts
Compute the multi factor productivity measure for each of the weeks of production of chocolate bars. Which week has the least productivity? Assume 40-hour weeks and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound.
Week Output (units) Workers Materials (lbs)
1250007460
2300006480
3330006490
4360009480
Correct!
1
3
4
2
Yes, Week 1 with MFP =2.24
Question 4
20/20 pts
Compute the multi factor productivity measure for each of the weeks of production of chocolate bars. What is the highest weekly productivity? Assume 40-hour weeks and an hourly wage of $12. Overhead is 1.5 times weekly labor cost. Material cost is $6 per pound.
Week Output (units) Workers Materials (lbs)
1250007460
2300006480
3330006490
4360009480
Correct!
3.25
2.98
2.63
3.55
Yes, highest MFP =3.25 in Week 3.
Question 5
20/20 pts
A company offers ID theft protection using leads obtained from client banks. Four employees work 40 hour a week on the lead, at a pay rate of $35 per hour per employee. Each employee identifies an average of 3500 potential leads a week from a list of 6000. An average of 3 percent actually sign up for the service, paying a one-time fee of $60. Material costs are $1500 per week, and overhead costs are $8000 per week. What is the multi-factor productivity for this operation in fees generated per dollar of input (rounded to 2 decimals)?
2.27
1.94
Correct!
1.67
1.53
Yes. $25200/$15100=1.67(similar to solved homework problem #9)

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

Step: 3

blur-text-image

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

Hospitality Branding

Authors: Chekitan S Dev, C Dev

1st Edition

0801478197, 9780801478192

More Books

Students also viewed these General Management questions