A small furniture shop that focuses on making kitchen chairs produces 20,000 kitchen chairs annually. The shop is considering purchasing a new sanding machine; the machine will enable the workers to produce 30,000 chairs annually. Should the furniture shop proceed with the purchase of the new machine? * No, the new machine would increase the labor productivity by 25%. Yes, the new machine would increase the labor productivity by 25%. Yes, the new machine would increase the labor productivity by 50%. No, the new machine would decrease the labor productivity by 50%.

A small furniture shop that focuses on making kitchen chairs produces 20,000 kitchen chairs annually. The shop is considering purchasing a new sanding machine; the machine will enable the workers to produce 30,000 chairs annually. Should the furniture shop proceed with the purchase of the new machine? * No, the new machine would increase the labor productivity by 25%. Yes, the new machine would increase the labor productivity by 25%. Yes, the new machine would increase the labor productivity by 50%. No, the new machine would decrease the labor productivity by 50%.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter4: Linear Programming Models

Section4.8: Data Envelopment Analysis (dea)

Problem 42P

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1. A small furniture shop that focuses on making kitchen chairs produces 20,000 kitchen chairs annually. The shop is considering purchasing a new sanding machine; the machine will enable the workers to produce 30,000 chairs annually. Should the furniture shop proceed with the purchase of the new machine? a. Yes, the new machine would increase the labor productivity by 25%. b. Yes, the new machine would increase the labor productivity by 50%. c. No, the new machine would decrease the labor productivity by 50%. d. No, the new machine would increase the labor productivity by 25%. 2. Recently, Samsung released their latest flagship product, the S20. Which of the following best describes this technological development? a. General Purpose Technology b. New Invention c. Product Innovation d. Process Innovation 3. Moss is a casual video gamer. He is always curious on how do bots work in video games and how are they designed. Bots…
Problem 9 A company that processes fruits and vegetables is able to produce 500 cases of canned peaches in one-half hour with four workers. Each worker is paid 4 Rials per hour. What is the change in labor hours if output remains the same and the labor productivity in terms of cases/hour increased by 50%?
Problem 1: A company that processes fruits and vegetables is able to produce 400 cases of canned peaches in one and half hour with four workers. Each worker is paid 2 Rials per hour. What is labor productivity in terms of cases/hour, cases/rial?
Mance Fraily, the Production Manager at Ralts Mills, can currently expect his operation to produce 1000 square yards of fabric for each ton of raw cotton. Each ton of raw cotton requires 5 labor hours to process. He believes that he can buy a better-quality raw cotton, which will enable him to produce 1200 square yards per ton of raw cotton with the same labor hours. What will be the impact on productivity (measured in square yards per labor-hour) if he purchases the higher quality raw cotton?
A worker earned $11, 800 per month in 2016. The cost of living index increased by 63.8% between 2016 and 2019. How much extra income should the worker have earned in 2019 so that he could buy the same quantities as in 2016?
1.3 This year, Benson, Inc., will produce 57,600 hot water heaters at its plant in Yuiee, Florida, in order to meet expected głobal demand. To accomplish this, each laborer at the Yulee plant will work 160 hours per month. If the labor productivity at the plant is 0.15 hot water heaters per labor-hour, how many laborers are employed at the plant?
Mariah Enterprses makes a variety of consumer electronic products Its camera manutacturing plant is considering choosing betwoen two different processes, named Alpha and Beta, which can be used to make a component part To make the correct docision, the mariagers would like to compare the labor and multifactor productivity of process Alpha with that of process Beta The value of process output for Alpha and Beta is $140 per unit of product A and $160 por unit of product B, and the corresponding overhead costs tor Alpha and Beta are $3,000 and S8,000, respoctively Process Alpha Process Beta Product Output (units) Labor (S) Materials (5) B. A 80 40 70 60 $2,000 $2,500 $1,200 $1,400 $1,000 $1,400 $3,500 $1,500 a. Which process, Alpha or Beta, is more productive? Process Beta hass higher labor productivity Process has % highor multifactor productivity (Enter your responses rounded to the nearest whole number)
A factory produces 7,000 units of car replacement component per month which can be sold at the price of $50/unit. The monthly labor cost is $1,000 per worker with 8 workers available, material cost is $5,000, and overhead cost is 20% of the material cost. A new machine can be added that will increase the output by 1000 units, decrease the number of workers by one, and increase the overhead cost by $3000. Compute the productivity growth.
Mark Tuan, the Production Manager at MT Mills, can currently expect his operation to produce1000 square yards of fabric for each ton of raw cotton. Each ton of raw cotton requires 5 laborhours to process. He believes that he can buy a better-quality raw cotton, which will enable himto produce 1200 square yards per ton of raw cotton with the same labor hours.What will be the impact on productivity (measured in square yards per labor-hour) if hepurchases the higher quality raw cotton? You are required to calculate: a) Productivity for the current raw cotton? b) The new productivity if Mark Tuan use the new raw cotton. c) What is the percentage increase in productivity?
In the Loans & Credits department of a TD Bank branch, there are 700 loan applications per week waiting to be processed. There are currently 8 employees (each works for 7 hours a day, 5 days a week) working in the department for processing the loan applications.( a ) What is the employee productivity (in applications/hour)?( b ) Due to the current economic situation, the director of the department anticipatesthat there will be a significant increase in the number of loan applications. If there are 1960 applications per week and the director wishes to increase the employee productivity to 3.5 applications per hour, how many additional employee should be hired?
This year, Druehl, Inc., will produce 60,000 hot water heaters at its plant in Delaware, in order to meet expected global demand. To accomplish this, each laborer at the plant will work 160 hours per month. If the labor productivity at the plant is 0.25 hot water heaters per labor hour, how many laborers are employed at the plant?
This year, Druehl, Inc., will produce 57,600 hot water heaters at its plant in Delaware in order to meet expected global demand. To accomplish this, each laborer at the plant will work 160 hours per month. If the labor productivity at the plant is 0.I5 hot water heaters per labor-hour, how many laborers are employed at the plant?