vailable May 28 at Izam-Jun 2 at Tl57pm about i month Hints: For problem 1, calc
ID: 420782 • Letter: V
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vailable May 28 at Izam-Jun 2 at Tl57pm about i month Hints: For problem 1, calculate the labor productivity for each new store and do a comparison to determine the one with the highest productivity. For problem 2, find the forecasts using different methods indicated in the problem, th find MAD for each method and determine the one with the lowest MAD. For problem 3, first construct a project network diagram using AOA or AON based on the information in the table. Just draw it in your scratch paper. Then find the critical path and completion time for the project. 1. Tried and True Clothing has opened four new stores in college towns across the state. Data on monthly sales volum and labor hours are given below. Which store location has the highest productivity? (20 points) Store Annandale Blacksburg Charlottesville Danville Sales volume $40,000 $12,000 $60,000 $25,000 Labor hours 250 60 500 200Explanation / Answer
Productivity of store location Annandale = Sales volume / Labor hours = 40000/250 = 160 units per hour
Productivity of store location Blacksburg = Sales volume / Labor hours = 12000/60 = 200 units per hour
Productivity of store location Charlottesville = Sales volume / Labor hours = 60000/500 = 120 units per hour
Productivity of store location Danville = Sales volume / Labor hours = 25000/200 = 125 units per hour
Blacksburg store has the highest productivity (=200) in terms of sales volume per labor hour.
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