Homework 1-Solution

# Homework 1-Solution - 8 a(2 points \$ 60(\$15 \$20 \$20 = 1.09...

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Homework 1-Solution Chapter 2 4. (2 points) Productivity at facility 1 = 240 chairs/6 workers = 40 chairs per worker Productivity at facility 2 = 210 chairs/4 workers = 52.5 chairs per worker Facility 2 is more productive. 6. (2 points) Using only the non-defective production, productivity has increased from (60-10)=50 pieces per day to (90-1)=89 pieces per day. Change in productivity = (89-50)/50 x 100% = 78% increase Or (60-10)/8=6.25 pieces per hour (90-1)/8=11.125 pieces per hour Change in productivity=(11.125-6.25)/6.25=0.78
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Unformatted text preview: 8. a. (2 points) \$ 60/(\$15+\$20+\$20) = 1.09 This number tells us that the lab is charging a bit more than 9% over the expenses of labor, materials, and overhead. b. (2 points) Labor productivity = \$60/3 hours = \$20 per hour Additional problem (2 points) If inputs increase by 40% and outputs increase by 20%, what is the percentage change in productivity? The answer is: decreased by 14% P1=x/y P2=(x*(1+0.2))/(y*(1+0.4))=1.2x/1.4y Change: (p2-p1)/p1=-.14...
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