Question: Question 01: A TV manufacturing company changes production system from present system to new system. The machine of the new system costs Tk.30000000.00 and

Question 01: A TV manufacturing company changes production system from present system to new system. The machine of the new system costs Tk.30000000.00 and the operation life of the machine are 10 years. With present system, the company uses ten workers, who can produce on an average 20 and 10 TV per day of type-1 and type-2 respectively, but on an average 10% manufactured TV are rejected. Each worker received Tk.8000 per month and tools and equipment cost (i.e., machine cost for the first system) was Tk.3000 per day. With the new system the company can produce 30 and 20 TV per day of type-1 and type-2 respectively, but on an average 5% manufactured TV is rejected. Two operators are required to operate the new machine. Wage of each of the operator is Tk. 12000 per month. Price of the type-1 and type-2 TV is Tk.25000 and Tk.32000 per unit respectively. Part/material cost is 55% and 60% of the price of type-1 and type-2 respectively. Consider 25 working days in a month. Compute labor and machine productivity under each system. Compute the overall productivity under each system.

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