Question: Capacity analysis can not be performed without determining bottleneck time and throughput time. Differentiate between these terms with suitable example? Shortly explain Theory of constraints
- Capacity analysis can not be performed without determining bottleneck time and throughput time. Differentiate between these terms with suitable example?
- Shortly explain Theory of constraints and its usage in capacity analysis?
- XYZ Ltd. Wants to examine its labor and multifactor productivity with a new computerized title-search system. The company has a staff of five, each working 8 hours per day (for a payroll cost of 450/day and overhead expenses of 500/day. XYZ processes and closes on 8 titles each day. The new system will allow the processing of 14 titles per day. Although the staff, their work hours, and pay are the same, the overhead expenses are now 600 per day. Calculate its labor productivity and multifactor productivity?
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