Penin State WebMa 0/2 pts correct Question3 Argus technologies produces advanced

Question

Penin State WebMa 0/2 pts correct Question3 Argus technologies produces advanced sensor technologies for the military. As such, the productions run on a monthly level are relatively small. Since Argus is in competition with other firms, it is making every effort to be as efficient as possible. Below you'll find some data on the final assembly for three of the most advanced sensor products produced by Argus Worker Productivity Units/Hour 0.07 0.10 0.08 Required Production 120 200 140 Workers 13 LIDAR 10 How many hours are required for the LLTV line in order to meet the production quota? 1714 How many hours are required for the IR line in order to meet the production quota? 2000

Explanation / Answer

Part 1:

Data for LLTV

Production target = 120 units

Worker productivity = 0.07 units/hour

Time required to produce 120 units per worker = 120 units/(0.07 units per hour) = 1714.28 hours

With 9 workers the hours required to achieve production target = 1714.28/9 = 190.47 hours

Hours required for the LLTV line to meet target = 190.47 hours

Data for IR

Production target = 200 units

Worker productivity = 0.10 units/hour

Time required to produce 200 units per worker = 200 units/(0.10 units per hour) = 2000 hours

With 13 workers the hours required to achieve production target = 2000/13 = 153.84 hours

Hours required for the IR line to meet target = 153.84 hours

Part 2:

Labor productivity in 2014 = units produced/Labor hours = 20,000/3,000 = 6.67 units per hour

Labor productivity in 2015 = units produced/Labor hours = 27,000/3,950 = 6.84 units per hour

% change in labor productivity = (Productivity in 2015 – productivity in 2014)/productivity in 2014 = (6.84-6.67)/6.67

% change in labor productivity = 2.55%

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