The weekly output of a production process is 2000 units using 5 workers and 1500

Question

The weekly output of a production process is 2000 units using 5 workers and 1500 feet of materials. The standard inventory value of the output is $135 per unit. Overhead is charged weekly at the rate of $1500 plus .5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per running foot. Determine the multi-factor productivity.

An operation produces 190 units per hour with a scrap rate of 10 percent. If we could eliminate the scrap completely, what would be the percentage increase in productivity per hour.

Format your answer as a Percent ( .85 would be 85 ... Do not include the Percent Sign % )

Your Answer:

an emphasis on subjectivity analysis of tradeoffs quantitative methods a systems approach

Explanation / Answer

quantitative methods

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