Operations Management: Sustainability and Supply Chain Management, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
12th Edition
ISBN: 9780134471815
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Textbook Question
Chapter 1, Problem 6P
George Kyparisis (using data from Problem 1.6) determines his costs to be as follows:
- Labor: $10 per hour
- Resin: $5 per pound
- Capital expense: 1% per month of investment
- Energy: $.50 per BTU
Show the percent change in productivity for one month last year versus one month this year, on a multifactor basis with dollars as the common denominator.
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Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes
1,200
tires per day with the following resources:
Labor:
425
hours per day @
$12.50
per hour
Raw Material:
21,000
pounds per day @
$1.00
per pound
Energy:
$5,250
per day
Capital:
$10,250
per day
Part 2
a) Labor productivity per labor hour for these tires = ?tires/labor hour (round your response to two decimal places).
Part 3
b) Multifactor productivity for these tires = ?tires/dollar (round your response to four decimal places).
Matthew Bailey, as manager of Designs by Bailey,is upgrading his CAD software. The high-performance (HP)software rents for $3,000 per month per workstation. Thestandard-performance (SP) software rents for $2,000 per monthper workstation. The productivity figures that he has availablesuggest that the HP software is faster for his kind of design.Therefore, with the HP software he will need five engineers and
with the SP software he will need six. This translates into a vari-able cost of $200 per drawing for the HP system and $240 per
drawing for the SP system. At his projected volume of 80 draw-ings per month, which system should he rent?
Cox Electric makes electronic components and has estimated the following for a new design of one of its products.
. Fixed cost-$21,000
• Material cost per unit $0.17
Labor cost per unit = $0.11
Revenue per unit $0.68
Note that fixed cost is incurred regardless of the amount produced. Per-unit material and labor cost together make up the variable cost per unit. Assuming that Cox Electric sells
all that it produces, profit is calculated by subtracting the fixed cost and total variable cost from total revenue.
Construct an appropriate spreadsheet model to find the profit based on a given production level and use the spreadsheet model to answer these questions.
(a) Construct a one-way data table with production volume as the column input and profit as the output. Breakeven occurs when profit goes from a negative to a positive
value; that is, breakeven is when total revenue the total cost, yielding a profit of zero. Vary production volume from 0 to 100,000 in increments of 10,000. In which…
Chapter 1 Solutions
Operations Management: Sustainability and Supply Chain Management, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
Ch. 1 - Prob. 1DQCh. 1 - Identify four people who have contributed to the...Ch. 1 - Briefly describe the contributions of the four...Ch. 1 - Figure 1.1 outlines the operations,...Ch. 1 - Answer Question 4 for some other organization,...Ch. 1 - Prob. 6DQCh. 1 - Identify the 10 strategic operations management...Ch. 1 - Prob. 8DQCh. 1 - Prob. 9DQCh. 1 - Prob. 10DQ
Ch. 1 - Mass customization and rapid product development...Ch. 1 - What are the five reasons productivity is...Ch. 1 - Prob. 13DQCh. 1 - Prob. 14DQCh. 1 - Prob. 1PCh. 1 - Prob. 2PCh. 1 - This year, Donnelly, Inc., will produce 57,600 hot...Ch. 1 - Prob. 4PCh. 1 - Prob. 5PCh. 1 - George Kyparisis (using data from Problem 1.6)...Ch. 1 - Prob. 7PCh. 1 - Prob. 8PCh. 1 - Browns, a local bakery, is worried about increased...Ch. 1 - Prob. 10PCh. 1 - Prob. 11PCh. 1 - Charles Lackey operates a bakery in Idaho Falls,...Ch. 1 - Prob. 13PCh. 1 - Prob. 14PCh. 1 - Prob. 15PCh. 1 - Prob. 16PCh. 1 - Prob. 17PCh. 1 - Prob. 1CSCh. 1 - Prob. 2CSCh. 1 - Prob. 3CSCh. 1 - Prob. 1.1VCCh. 1 - Prob. 1.2VCCh. 1 - Prob. 1.3VCCh. 1 - Prob. 2.1VCCh. 1 - Prob. 2.2VCCh. 1 - Prob. 2.3VC
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