Calculate the Productivity for the following operations:Three employees process 600 insurance policies in a week. They work 8 hours per day, 5 days per week. A team of workers makes 400 units of a product, which is sold in the market for $10 each. The accounting department reports that for this job the actual costs are $400 for labor, $1,000 for materials, and $300 for overhead.
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- Calculate the Productivity for the following operations:Three employees process 600 insurance policies in a week. They work 8 hours per day, 5 days per week.
- A team of workers makes 400 units of a product, which is sold in the market for $10 each. The accounting department reports that for this job the actual costs are $400 for labor, $1,000 for materials, and $300 for overhead.
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- Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by % in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only thing to be changed. The bakery currently makes loaves per month. The pay will be $ per hour for employees and each employee works 160 hours per month.Charles Lackey can also improve the yield by purchasing a new blender. The new blender will mean an increase in his investment. This new blender will mean an increase in his costs of $ per month, but he will achieve the same new output (an increase to ) as the change in labor…Given this set of daily service operations, and assuming a processing order of A-B-C-D-E: Service Operation Number of Daily Reps 22 12 4 18 8 Cycle A B C D E Click here for the Excel Data File a. Determine the number of repetitions for each service if four cycles are used. Hint: include one more unit of A in Cycles 1 & 2 than in Cycles 3 & 4. Include one more unit CD in Cycles 3 & 4 than in Cycles 1 & 2. This will result in the same total number of units (repetitions) in each cycle. Cycle A B CD A B С C D E E 6 6 2 b. Determine the number of repetitions for each service if two cycles are used. 9 6 2 6 3 9 5 4 5 1You manage the human resources department for a mid-sized retailer. Part of the operations consists of a call center with 100 employees spread over three shifts operating 24 hours a day, seven days a week. There is a main group with 20 people reporting to a shift supervisor on the main daytime shift from 8 a.m. to 4 p.m. There are regularly scheduled times for breaks and lunch. Recently senior management reported to you that they were concerned regarding tardiness of some employees. While the customer relationship management reports signal that there are no service issues, senior managers are concerned that they are overstaffed. You feel that the daytime shift is the most experienced group, and you do not want to lose some of the best employees through termination. You also do not have any budget money to use for incentive payments aimed at reducing tardiness. What ideas from operant conditioning, behavior modification, and social learning theory would you use to reduce the problems of…
- At Symtecks, the output of a specific process is valued at $100 per unit. The cost of labor is $50 per hour including benefits. The accounting department provided the following information about the process for the past four weeks: Week 1 Week 2 Week 3 Week 4 Units Produced 1,124 1,310 1,092 981 Labor ($) 12,735 14,842 10,603 9,526 Material ($) 21,041 24,523 20,442 18,364 Overhead ($) 8,992 10,480 8,736 7,848 a. Use the multifactor productivity ratio to see whether recent process improvements had any effect and, if so, when the effect was noticeable.b. Has labor productivity changed? Use the labor productivity ratio to support your answer.Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: Raw Material: Energy: Capital: 425hours per day @ $12.00 per hour 21,000pounds per day @ $1.50 per pound $5,250 per day $10,000 per day a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires = response to four decimal places). tires/dollar (round your c) The percent change in multifactor productivity if Fok can reduce the energy bill by $950 per day without cutting production or changing any other inputs =% (enter your response as a percentage rounded to two decimal places). Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change.A business company has the following capacity per month based on the following: 30 working days per month; 1 shift operation at 8 hours per shift; 30 minutes break per shift per employee ABC company produces bicycles and has the following Capacities per process. Frame Welding: 60 bikes per hour per machine Painting: 20 bikes per hour per worker Assembly: 50 bikes per hour per worker Inspection: 100 bikes per hour per worker What can be observed from the system if the demand for the month is 5,000 bikes?
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- Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: 400 hours per day @ $12.00 per hour 20,000 pounds per day @ $1.50 per pound $5,250 per day $10,250 per day Raw Material: Energy: Capital: a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires tires/dollar (round your response to four decimal places). %3DProblem 1: A company that processes fruits and vegetables is able to produce 400 cases of canned peaches in one and half hour with four workers. Each worker is paid 2 Rials per hour. What is labor productivity in terms of cases/hour, cases/rial?A manufacturing firm is considering the following data related to three process strategies for expanding its operations. Flexible Manufacturing System (FMS) Annual production level (units) General Purpose Equipment (GPE) 50,000 Dedicated Machine (DM) 50,000 50,000 Annual fixed cost (USD) 100,000 220,000 800,000 Per unit variable cost (USD) 21 14 8. What is the maximum value of the unit variable cost (rounded to the nearest whole number) of FMS that will not affect the optimal choice for this problem?