EP PRIN.OF OPERATIONS MGMT.-MYOMLAB
EP PRIN.OF OPERATIONS MGMT.-MYOMLAB
10th Edition
ISBN: 9780134183848
Author: HEIZER
Publisher: PEARSON CO
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Chapter 1, Problem 6P
Summary Introduction

To determine: Costs involved in production for Person GK.

Introduction: Productivity is a measure of the effectiveness of an individual, systems, machinery and other equipment that are used in converting inputs into outputs. In all organizations, productivity is an important determinant to know cost efficiency.

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t K Beth Zion Hospital has received initial certification from the state of California to become a center for liver transplants. The hospital, however, must complete its first 10 transplants under great scrutiny and at no cost to the patients with the hospital picking the expenses. The cost per hour of surgery is estimated to be $5,000. The very first transplant, just completed, required 27 hours. On the basis of research at the hospital, Beth Zion estimates that it will have an 75% learning curve. Using Table E.3, estimate the time it will take to complete: a) the 10th transplant 10.40 hours (round your response to two decimal places). Learning Curve Coefficients Unit Number (N) 10 b) The cost of 10th surgery to Beth Zion Hospital = $ 52000 (round your response to the nearest whole number). c) the first 10 transplants hours (round your response to two decimal places). Unit Time .385 75% Total Time 5.589 Unit Time .477 80% Total Time 6.315 Unit Time .583 85% Total Time 7.116 X
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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).
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