72. Which type of technology has had the greatest impact on business?a) process technologyb) information technologyc) environmental technologyd) safety technologye) product technology73. When does productivity increase?a) inputs increase while outputs remain the sameb) inputs decrease while outputs remain the samec) outputs decrease while inputs remain the samed) inputs and outputs increase proportionallye) none of the above74. If Joe's Diner serves 150 meals in one day using 3 kitchen staff, what is the kitchen staffdaily productivity?a) 40 meals/staffb) 45 meals/staffc) 50 meals/staffd) 55 meals/staffe) 60 meals/staff75. A manager has just replaced three workers with a machine that is cheaper to operate than thecost of the three replaced workers. Output is expected to remain the same. Which of thefollowing is true?a) labor productivity will decrease17 | Page80. Computer-aided manufacturing is an example of what?e) process technologyf) information technologyg) environmental technologyh) safety technologyi) product technology

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Practical Management Science

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Price / Unit ($) Units Sold Labor (HRS) Labor Cost / HR Material Usage (LBS) Material Cost / LB Other Costs Total Productivity ($) Labor Productivity ($) Material Productivity ($) roductivity Growth (%) Q1 $171.67 27,708 29,365 $63.25 14,306 $51.20 $57,224.20 $2.561 $6.494 Q2 $189.74 23,190 22,588 $63.25 12,980 $54.21 $48,188.80 $3.080 $6.253
Which description of value chain activities is more likely to be found in a firm with a *cost leadership" business level strategy? O A. Human Resources - Recruit highly qualified employees employees and invest in training that provides them with the latest technological knowledge and the capabilities to provide breakthrough services. O B. Marketing and Sales - Build strong positive relationships with customers. Invest in effective promotion and advertising program O C. Inbound Logistics(Supply Chain) - Effective relationships with suppliers to maintain efficient flow of goods for operations O D. Inbound Logistics(Supply Chain)- Develop and maintain positive relationship with major suppliers. Ensure the receipt of high quality supplies.
25) The operations manager suggests a hike in the prices to improve productivity. However, the marketing manager rules this option out. What could be the possible reason for this? A) The industry is characterized by intense competition. B) Product prices are not related to organizational productivity. C) Selling price is negatively correlated to organizational productivity. D) Such an action would lead to reduced employee satisfaction.
Prepare a product-by-value analysis for the following products, and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or her possible actions. Product Alpha has annual sales of 1,500 units and a contribution of $1,500 per unit; it is in the introductory stage. Product Bravo has annual sales of 1,750 units and a contribution of $3,500 per unit; it is in the growth stage. Product Charlie has annual sales of 4,000 units and a contribution of $1,750 per unit; it is in the decline stage. Part 2 Product-by-value analysis Product Individual dollar contribution Total annual dollar contribution Bravo $enter your response here $enter your response here Charlie $enter your response here $enter your response here Alpha $enter your response here $enter your response here
"We are already measuring total factor productivity. Measuring partial productivities would be of no value." Do you agree? A. Yes, total factor productivity is the goal of the measurement. Once achieved there is no need for further analysis. B. Yes, partial productivity measures should only be calculated if you cannot calculate total factor productivity. C. No, total factor productivity and partial productivity measures work best together because the strengths of one offset weaknesses in the other. D. No, you must always calculate partial productivity measures for the total factor productivity to have any meaning.
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Electronic Computer Equipment Firms Note: you'll refer to this context in several problems. An economist complied data on productivity improvements last year for a sample of firms producing electronic computing equipment. The firms were classified according to their average- rate-of-change (AROC) of Research and Development (R&D) expenditures with respect to the last three years (low, moderate, high). A. Select all of the factors in the study. Chigh R&D R&D Expenditure moderate x productivity Oproductivity improvements CAROC R&D Expenditure per 3 years B. Select all of the treatments (if experiment) or groupings (if quasi-experiment/observational study) in the study. Omoderate productivity improvements high low productivity x R&D Expenditure productivity x firm productivity Question Help: Message instructor Add Work Omoderate firm Olow high x productivity productivity R&D AROC R&D Expenditure per 3 years OR&D Expenditure low x productivity firm
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7. Lanark Farms sells fresh strawberries, growing the fruit both in open fields and within long clear plastic hoop tents, known as its "tunnel operation". The outputs and inputs for each of the options are presented below. What is the multifactor productivity (in dollars) for each option? 8. How much more or less productive is the Plastic Hoops method compared to the Open Field method? [ Hint, (B-A)/A ] 9. How much more or less productive is the Open Field method compared to the Plastic Hoops method? [ Hint, (B-A)/A ] Option A - Open Fields Output: 50,000 pounds strawberries Inputs: $1,000 for chemicals (50 acres * $20/acre), $6,250 to plant strawberries (50 acres * $125/acre), $15,000 to harvest (50,000 pounds * $0.30/pound) Total Inputs: $22,250 Option B - Plastic Hoops Output: 40,000 pounds strawberries Inputs: $3,375 for chemicals (15 acres * $225/acre), $3,750 for construction and maintenance of the tunnels (15 acres * $250), $1,875 to plant strawberries (15 acres * $125/acre),…
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72. Which type of technology has had the greatest impact on business? a) process technology b) information technology e) environmental technology d) safety technology e) product technology