View the step-by-step solution to:

o Identify constraints present when measuring the productivity in this example. o Describe what project management application you might use to...

o Identify constraints present when measuring the productivity in this example.

o Describe what project management application you might use to measure and improve the performance.

o Determine how you would use these figures to monitor productivity over time. o Calculate the breakeven point using the following information:

o The fixed costs associated with providing the food is $150,000. The variable cost per meal is $1.00. The price of meals is $4 per meal.

Breakeven: 150000/(4-1)=50,000? That seems like a lot.



Here is the chart data:

Multiple Factor Productivity
Input/Resource Number of Hours Average Hourly Rate Labor Cost
6 cashiers 48 $7 $336
3 cooks 24 $7 $168
4 prep 32 $7 $224
2 supervisors 16 $7 $112
Total Labor 120 $7 $840
Total Materials $500
Total Capital $500
Other Costs (energy, space) $400
Total Other Costs $1,400
Total Inputs $2,240
Total Outputs (# XX Meals Served) 1,400
Multifactor Productivity Ratio (Meals Served per Dollar) $1
Single Factor Productivity 1400
Output 120
Input 11.7
Single Factor Productivity Ratio (Meals served per hour)

a paper of no more than 1,050 words

Top Answer

Please see the attached... View the full answer

Solution of 545944_OPM.doc

o Identify constraints present when measuring the productivity in this example.
o Describe what project management application you might use to measure and improve the
performance.
o Determine how...

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online