1. Kim Chi checked production records of fermented cabbages and found that a worker produced 160...
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1. Kim Chi checked production records of fermented cabbages and found that a worker produced 160 jars of fermented cabbages while working 40 hours in a week. In the previous week, the same worker produced 138 jars while working 36 hours. By how much in % did the worker's productivity increased or decreased. Please show all necessary computations. 2. The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is PhP 100, overhead is 1.0 times the labor cost, and material cost is PhP5 per customer. Unit Employees Customers Processed per Day 36 4 Account Opening 40 Investment Banking 5 Foreign Currency 8 Loans 3 60 20 a. Compute the labor productivity and multifactor productivity for each unit. Use an 8-hr day for multifactor productivity. b. Suppose a new, more standardized procedure is to be introduced that will enable each employee to process one additional labor and multifactor productivity rates for each unit. customer per day, Compute the expected 3. An operation has a 10% scrap rate. As a result, 72 pieces per hour are produced. What is the potential increase in productivity that could be achieved by eliminating the scrap? 1. Kim Chi checked production records of fermented cabbages and found that a worker produced 160 jars of fermented cabbages while working 40 hours in a week. In the previous week, the same worker produced 138 jars while working 36 hours. By how much in % did the worker's productivity increased or decreased. Please show all necessary computations. 2. The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is PhP 100, overhead is 1.0 times the labor cost, and material cost is PhP5 per customer. Unit Employees Customers Processed per Day 36 4 Account Opening 40 Investment Banking 5 Foreign Currency 8 Loans 3 60 20 a. Compute the labor productivity and multifactor productivity for each unit. Use an 8-hr day for multifactor productivity. b. Suppose a new, more standardized procedure is to be introduced that will enable each employee to process one additional labor and multifactor productivity rates for each unit. customer per day, Compute the expected 3. An operation has a 10% scrap rate. As a result, 72 pieces per hour are produced. What is the potential increase in productivity that could be achieved by eliminating the scrap?
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