I would like to design measurements to evaluate our management team for bonus purposes. As a starting
Fantastic news! We've Found the answer you've been seeking!
Question:
I would like to design measurements to evaluate our management team for bonus purposes. As a starting point, I have been looking at metrics for our three product lines. I have attached some production information (Exhibit VII) for you to analyze. Please provide me with some Key Performance Indicators that would be relevant for the departments. Additionally, can you comment on the performance for each department and if necessary, provide recommendations for any issues you noticed.
Exhibit VII | ||||||
Time to Produce (hrs) | Spoilage per unit produced | % of machine capacity used | Employee Idle Time per hour (minutes) | # of employees | Production to Shipment time (days) | |
Flowers | 4 | 40% | 70% | 15 | 12 | 1 |
Table Decorations | 2 | 8% | 55% | 1 | 18 | 15 |
Reception Supplies | 1 | 19% | 99% | 7 | 5 | 35 |
Related Book For
Introduction To Health Care Management
ISBN: 9781284081015
3rd Edition
Authors: Sharon B. Buchbinder, Nancy H. Shanks
Posted Date: