A company in South Korea makes bicycle wheels.  They make 10,000 per day with the following resources:

Labour:  600 hours per day at $6.50 per hour

Raw Material:  1,000 kilograms of rubber per day at $1 per kilogram and 1,000 kilograms of aluminum per day at $2 per kilogram

Energy:  $4000 per day

Capital costs and overhead costs:  $15,000 per day

What is the labour productivity per labour-hour.

What is the multifactor productivity for these bicycle wheels?

If energy costs can be reduced by $1000 per day without any other changes or losses in productivity what is the percent change in multifactor productivity?

(Hint:  Review Week 1 homework)

 

Question	Answer
Labour productivity per labour-hour
Mulitifactor productivity
Percent Change in multifactor productivity

 

Show your calculations here (mandatory): 

 

Review the case ‘A Hospital Benchmarks Against the Ferrari Racing Team’ in your text in Chapter 6

Select 3 of the 7 TQM tools shown in Figure 6.6 of your text and explain how these might be used to improve the ‘handoff’ challenge faced by hospitals.

Answer:

 

TQM Tool	Brief explanation of how it could help

What are 3 reasons productivity is difficult to improve in the service sector?  (From Chapter 1)

 

1.
2.
3.

Using A-O-N, diagram the network described below for Samantha’s construction project. 

Calculate its critical path. 

How long is the minimum duration of this network?

Activity	Predecessor	Time (weeks)
J	-	10
K	J	8
L	J	6
M	K	3
N	K	2
O	L	7
P	M, N, O	5

Answer:

 

Critical Path (weeks)
Minimum duration of this network (weeks)

Show you’re A-O-N diagram here:

Prepare a flowchart for ‘making a sandwich’.

Place Your Flowchart Here:

Prepare a time-function map for ‘making a sandwich’.

Place Your Time-Function Map Here:

If you were to start a company what would it be? 

If the mission statement is the purpose or rationale for your company’s existence, what would the mission of your company be?

Strategy is how an organization expects to achieve its mission and goals. Of the Ten Strategic OM Decisions (see Chapter 2) pick the 3 most important to your company. Explain why each is important to achieving your mission.

 

	Your Answer
What is your company?
Missions Statement
Strategic Decision #1
Strategic Decision #2
Strategic Decision #3

 

 

Answer rating: 100% (QA)

A Output 10000 Labor hours Input 600 Labor Productivity Output Input Labor Productivity 10000 600 La... View the full answer