A consumer product company sets up two manufacturing sites, one in country A and the other...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A consumer product company sets up two manufacturing sites, one in country A and the other in country B. Country A is a newly industrialised country, while country B is a developing country. The company collects the following data to evaluate the productivity at each site. (b) (c) Sales (units) Labour (hours) Raw Materials ($) Equipment (hours) (d) Country A 200,000 30,000 $150,000 80,000 Data can be interpreted as follows: take country A as an example, country A uses 30,000 labour hours, 80,00 equipment hours, and $150,000 worth of raw materials to produce 200,000 units of product. (a) Country B 40,000 20,000 $20,000 5,000 Measure the single-factor labour productivity and single-factor equipment productivity for the two countries. For each type of productivity, compare the results of the two countries, what conclusion can you draw? Is there any unexpected conclusion? (12 marks) Compute the multifactor productivity for labour and equipment together for the two countries. Compare the results of the two countries, what conclusion can you draw? Do you think the conclusion is reasonable, compared to those in (a)? (7 marks) Compute the single-factor raw material productivity for the two countries. Compare the results of the two countries, what conclusion can you draw? Do you think the conclusion is reasonable? Why or why not? (7 marks) Do you think the given information is sufficient for the company to reach a conclusion that one country has a higher overall productivity than the other? Why or why not? If not, what information is still missing? (9 marks) A consumer product company sets up two manufacturing sites, one in country A and the other in country B. Country A is a newly industrialised country, while country B is a developing country. The company collects the following data to evaluate the productivity at each site. (b) (c) Sales (units) Labour (hours) Raw Materials ($) Equipment (hours) (d) Country A 200,000 30,000 $150,000 80,000 Data can be interpreted as follows: take country A as an example, country A uses 30,000 labour hours, 80,00 equipment hours, and $150,000 worth of raw materials to produce 200,000 units of product. (a) Country B 40,000 20,000 $20,000 5,000 Measure the single-factor labour productivity and single-factor equipment productivity for the two countries. For each type of productivity, compare the results of the two countries, what conclusion can you draw? Is there any unexpected conclusion? (12 marks) Compute the multifactor productivity for labour and equipment together for the two countries. Compare the results of the two countries, what conclusion can you draw? Do you think the conclusion is reasonable, compared to those in (a)? (7 marks) Compute the single-factor raw material productivity for the two countries. Compare the results of the two countries, what conclusion can you draw? Do you think the conclusion is reasonable? Why or why not? (7 marks) Do you think the given information is sufficient for the company to reach a conclusion that one country has a higher overall productivity than the other? Why or why not? If not, what information is still missing? (9 marks)
Expert Answer:
Answer rating: 100% (QA)
a To calculate singlefactor productivity we divide the output by the respective input factor The calculations for each country are as follows Country ... View the full answer
Related Book For
International Business
ISBN: 9781292274157
8th Edition
Authors: Simon Collinson, Rajneesh Narula, Alan M. Rugman
Posted Date:
Students also viewed these general management questions
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
One of the most famous games treated in early game theory courses is known as the Battle of the Sexes and it bears close resemblance to the game in which you and I choose sides of the street when...
-
Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95, and $135, respectively. The production...
-
Verify the numerical factor 0.121 in Eq. 41-9.
-
Convert the integral from rectangular coordinates to both cylindrical and spherical coordinates, and evaluate the simplest iterated integral. -2. 4-x 4-xx + y x dz dy dx
-
The autocorrelation function of a random process is given by \[R_{x}(\tau)=A \cos \omega \tau ; \quad-\frac{\tau}{2 \omega} \leq \tau \leq \frac{\pi}{2 \omega}\] where \(A\) and \(\omega\) are...
-
VOC Industries Inc. manufactures recreational vehicles. VOC uses a job order cost system. The time tickets from May jobs are summarized below. Job 301 ........... $ 6,700 Job 302 ...........5,100 Job...
-
You plan to use Azure Data Factory to implement data movement and integration. You need to identify which Data Factory component to create to combine multiple movement and integration activities....
-
Milton Friedman's Nobel Lecture "Inflation and Unemployment" argues that if the traditional Keynesian Philip's curve sets the targeted unemployment rate below the natural rate, it will - create a...
-
The following data show responses of 861 young mothers to the question, of whether they watched TV during mealtimes, with response categories as shown in the table. Which result should we trust more?...
-
Describe the main health care providers for cardiovascular, respiratory, gastrointestinal, and urinary systems. Explain how patients can determine from which type of specialist to seek care.
-
Yvonne, age 32 is a divorced mother of two children, 10 and 8 years old. About three months before, she lost her job of 12 years where she had been a supervisor in a casino. Yvonne did not attend...
-
Define sensitive data and data regulations Know which sensitive data regulations you are subject to Decide who can access the information Conduct regular backups Document any processes using...
-
Recently we at Nike have noticed that our competitors have been improving their digital marketing strategies within the past year, while our digital marketing strategies are doing stable, we need to...
-
Mrs. Carole Cofftey, a 46 -year-old health iaformation technologist with two children who is complaining of pain in her breasts. You are to obtain a mammogram on Ms. Coffey using paralletplate...
-
Consider the parabola given by the equation: Find the following for this parabola: A) The value of f(-4): B) The vertex = f(x)=x + 12x + 14 C) The y intercept is the point (0, D) Find the two values...
-
The Ferris wheel in the figure has a radius of 68 feet. The clearance between the wheel and the ground is 14 feet. The rectangular coordinate system shown has its origin on the ground directly below...
-
Among industrialised countries, the US market for pharmaceuticals is the least regulated and thus the largest in the world. Not surprisingly, European companies like AstraZeneca, Aventis and...
-
The largest manager of budget-priced hotels in the world is the French company Accor. In 2014 it owned over 3,717 hotels in 90 countries under the brands Sofitel, Pullman, Novotel, Mercure,...
-
Founded in 1987 in Shenzhen, China, in just 30 years Huawei has grown to become a leading global information and communications technology (ICT) organisation that provides consumers with competitive...
-
Consider an experiment that selects a cell phone camera and records the recycle time of a flash (the time taken to ready the camera for another flash). The possible values for this time depend on the...
-
Suppose that the recycle times of two cameras are recorded. The extension of the positive real line \(R\) is to take the sample space to be the positive quadrant of the plane \[ S=R^{+} \times R^{+}...
-
Each message in a digital communication system is classified as to whether it is received within the time specified by the system design. If three messages are classified, use a tree diagram to...
Study smarter with the SolutionInn App