MGMT 339 Homework 1 PDF

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Homework assignment 1...

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Julie Sivilay MGMT 339 Professor Gnanlet Mon / Tue / Thu 12:00 p.m. - 3:00 p.m.

Home wor kI Pr o bl e m 1–Pr o duc t i v i t y Ac o mp a n yt h a tma k e ss h o p pi n gc a r t sf o rs u p e r ma r k e t sa n do t h e rs t o r e sr e c e n t l yp u r c h a s e ds ome n e we qu i p me n tt h a tr e d u c e sl a b o rc o n t e n to ft h ej o bsn e e d e dt opr o d u c et h es h o p p i n gc a r t s . Pr i o r t ob u y i n gt h ene we q u i p me n t ,t h ec omp a n yu s e dfiv ewo r k e r s ,wh op r o d u c e da na v e r a geo f8 5 c a r t sp e rh o u r . Wo r k e r sr e c e i v e$ 1 0pe rh o u r , a nde q u i p me n tc o s twa s$ 4 0p e rho u r . Wi t ht h en e w e q u i p me n t ,i twa spo s s i b l et ot r a n s f e ro n eo ft h ewo r k e r st oa n o t h e rd e p a r t me n t ,a n de q u i p me n t c o s t i n c r e a s e sb y$ 1 0p e rh ou rwh i l eo u t pu ti n c r e a s e db yt h r e ec a r t sp e rh o u r .

A.Co mp ut el a b orp r o d u c t i v i t yu nd e re a c hs y s t e m( b e f or ea n da f t e rt h epu r c h a s eo fn e w e q u i p me n t ) . Us ec a r t sp e rwor k e rp e rh o u ra st h eme a s u r eo fl a b o rp r od u c t i v i t y . Labo rPr o duc t i v i t y( be f o r epur c ha s eo fne we qui pme nt ) 85 carts =0 . 9 4c a r t spe rwo r ke rpe rho ur (5 wkrs .∗$ 10 per hr .)+ $ 40 Labo rPr o duc t i v i t y( a f t e rpur c ha s eo fne we qui pme nt ) 88 carts =0 . 9 8c a r t spe rwo r ke rpe rho ur (4 wkrs .∗$ 10 per hr .)+ $ 50

B.Comp u t emu l t i f a c t o rp r o d u c t i vi t yu n d e re a c hs y s t e m. Us ec a r t sp e rdo l l a r( l a b o rp l us e q u i p me n t )a st h eme a s u r e . Mul t i f a c t o rPr o duc t i vi t y( be f o r epur c ha s eo fne we qui pme nt ) 85 carts $ 10+ $ 40

=1 . 7c a r t spe rdo l l a r

Mul t i f a c t o rPr o duc t i vi t y( a f t e rpur c ha s eo fne we qui pme nt ) 88 carts =1 . 4 7c a r t spe rdo l l ar $ 10+ $ 50

Julie Sivilay MGMT 339 Professor Gnanlet Mon / Tue / Thu 12:00 p.m. - 3:00 p.m.

C.Comme nto np r o d u c t i v i t yc ha n g e sa c c o r di n gt ol a b ora ndmu l t i f a c t o rp r o du c t i v i t ya n d wh i c hp r o d u c t i v i t yme a s u r ed oy o ub e l i e v ei smo r epe r t i n e n tf o rt h i ss i t u a t i o n ? Upo na na l y z i ngt hed i ffe r e nc e si nl a b o rpr o d uc t i v i t ya ndmul t i f a c t o rp r o d uc t i v i t yi nt he c a r tma nuf ac t ur i ngc o mp a ny( b e f o r eanda f t e rpur c has eo fne we q ui p me nt ) , t he c a l c ul at i o nss ho wt hatl a b o rp r o d uc t i v i t yi si nc r e as e da f t e rp ur c ha s eo fne w e q ui p me nt , ho we v e r , mul t i f ac t o rp r o d uc t i v i t ys ho wst ha tt hec o s tt op r o d uc ee a c hc ar t i smo r ee x p e ns i v ewi t ht hep ur c ha s eo fne we q ui p me nt . Ibe l i e v et ha tt hemul t i f a c t o r pr o duc t i v i t yme as ur et hati nd i c at e sc a r t sp r o d uc e dp e rdo l l a ri smo r epe r t i ne ntf o rt hi s s i t uat i o nb e c a us ei tme a nst ha tt he r ei sal o we rc os ti np r o d uc i nge ac hc a r t .

Julie Sivilay MGMT 339 Professor Gnanlet Mon / Tue / Thu 12:00 p.m. - 3:00 p.m.

Pr o bl e m 2–Br e a ke v e na na l y s i s

Za nAz l e t ta n dAn g e l aZe s i g e rh a v ej o i n e df o r c e st os t a r tA&ZLe t t u c ePr o d u c t s ,ap r o c e s s o ro f p a c k a g e ds h r e d de dl e t t u c ef o ri ns t i t u t i o na lu s e .Za nh a sy e a r so ff o o dp r o c e s s i n ge x p e r i e n c e ,a n d An g e l ah a se xt e n s i v ec o mme r c i a lf o o dp r e pa r a t i o ne xp e r i e n c e .Th ep r o c e s swi l lc o n s i s tof o p e n i n gc r a t e so fl e t t u c ea n dt h e ns or t i n g ,wa s hi n g ,s l i c i n g ,p r e s e r v i n g ,a n dfin a l l yp a c k a g i n gt h e p r e p a r e dl e t t u c e .To g e t h e r ,wi t hh e l pf r o mv e nd o r s ,t h e yf e e lt h e yc a na d e q ua t e l ye s t i ma t e d e ma n d ,fix e dc os t s ,r e v e n u e s ,a n dv a r i a bl ec o s tp e r5 p o u n dba go fl e t t u c e .Th e yt hi n kal a r g e l y ma n u a lp r o c e s swi l lh a v emo n t h l yfix e dc o s t sof$3 7 , 50 0a n dv a r i a b l ec o s t so f$ 1 . 7 5p e rb a g .A mo r eme c h a n i z e dp r o c e s swi l lh a v emo n t h l yc o s t sof$ 75 , 0 00p e rmo nt hwi t hv a r i a bl ec o s t so f $ 1 . 25p e r5 p o u n db a g . Th e ye xp e c tt os e l lt h es h r e d d e dl e t t uc ef o r$ 2 . 5 0p e r5–p ou n db a g .

A.Wh a ti st heb r e a k e v e nq u a nt i t yf o rma n u a lp r o c e s sa n dme c ha n i z e dp r o c e s s ?

Ma nua lPr o c e s s $3 7 , 50 0+$ 1 . 7 5 x=$ 2 . 5 0 x $3 7 , 50 0=$ 0 . 7 5 x x=5 0 , 0 0 0 br e a ke v e nqua nt i t yf o rma nua lpr o c e s s=5 0 , 00 0uni t so f5 po undba g s Me c ha ni z e dPr o c e s s $7 5 , 00 0+$ 1 . 2 5 x=$ 2 . 5 0 x $7 5 , 00 0=$ 1 . 2 5 x x=6 0 , 0 0 0 br e a ke v e nqua nt i t yf o rme c ha ni z e dpr oc e s s=60 , 0 00uni t so f5 po undba g s

B.Wh i c hp r o c e s ss h o u l dA&Zs e l e c t , i ft h e ye x pe c tt os e l l8 0 , 0 0 0b a g sp e rmo n t h ? Ma n u alc o s t :$ 3 7 , 5 0 0+$1 . 7 5( 8 0 , 0 0 0 )=$1 7 7 , 5 0 0 Me c ha n i z e dc o s t :$ 75 , 0 00+$ 1 . 2 5 ( 8 0, 0 0 0)=$ 1 7 5 , 0 0 0 A&Zs ho ul dc ho o s et heMe c ha ni z e dPr o c e s sbe c a us ei ty i e l dsahi g he rpr o fit .

Julie Sivilay MGMT 339 Professor Gnanlet Mon / Tue / Thu 12:00 p.m. - 3:00 p.m.

C.Wh i c hp r o c e s sg i v e sap r ofitof$1 0 , 00 0pe rmon t hwi t hl o we rnu mb e ro fb a g ss o l d ? Ma n u alPr o c e s s $3 7 , 50 0+$ 1 . 7 5 x+$ 1 0 , 0 0 0=$ 2 . 5 0 x $4 7 , 50 0=$ 0 . 7 5 x x=6 3 , 3 3 3u n i t s Me c h a ni z e dPr o c e s s $7 5 , 00 0+$ 1 . 2 5 x+$ 1 0 , 0 0 0=$ 2 . 5 0 x $8 5 , 00 0=$ 1 . 2 5 x x=6 8 , 0 0 0 Ma nua lPr o c e s sg i v e sapr ofito f$ 1 0 , 0 0 0wi t hl o we rnumbe ro fba g ss o l d....