Preview

Operations

Good Essays
Open Document
Open Document
1796 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Operations
Question # 1:
Although all nine of the competitive priorities discussed in this chapter are relevant to a company’s success in the marketplace, explain why the company should not necessarily try to excel in all of them. What determines the choice of the competitive priorities that a company should emphasize for its key processes?
Answer:

Question # 2:
Suds and Duds Laundry washed and pressed the following number of dress shirts per week Week | Work Crew | Total Hours | Shirts | 1 | Sud and Dud | 24 | 68 | 2 | Sud and Jud | 46 | 130 | 3 | Sud, Dud & Jud | 62 | 152 | 4 | Sud, Dud & Jud | 51 | 125 | 5 | Dud and Jud | 45 | 131 |

a. Calculate the labour productivity ratio for each week b. Explain the labor productivity pattern exhibited by the data.
Answer:
Productivity is a basic measure of performance for economics, industries, firms and processes. Improving productivity is a major trend in operations management because all firms face pressures to improve their processes and supply chains so as to compete with their competitors.
Productivity is the value of outputs (services and products) produced divided by the value of input resources (wages and cost of equipment). The labour productivity is given by,
Labour Productivity=OutputLabour Hours
As a manager, the thing we need to know is what the customer pays or simply by the number of units produced or customer served. The value of input can be judged by their cost or by the number of hours worked.
For Week=1;
Sud and Dud=No.of Shirts ProducedLabour Hours
Sud and Dud=68 Shirts24 Hours
Sud and Dud=2.833
For Week=2;
Sud and Jud=No.of Shirts ProducedLabour Hours
Sud and Jud=130 Shirts46 Hours
Sud and Dud=2.83
For Week=3;
Sud, Dud and Jud=No.of Shirts ProducedLabour Hours
Sud, Dud and Jud=152 Shirts62 Hours
Sud, Dud and Jud=2.452
For Week=4;
Sud, Dud and Jud=No.of Shirts ProducedLabour Hours
Sud, Dud and Jud=125 Shirts51 Hours
Sud, Dud and Jud=2.451
For Week=5;

You May Also Find These Documents Helpful

  • Powerful Essays

    Bus 210 Quiz

    • 1385 Words
    • 6 Pages

    2 out of 2 points Competitive priorities define the dimensions on which companies should excel in producing their products or services. Which one of the following statements is TRUE? Selected Answer: A firm that competes on the dimension of volume flexibility is more likely to manufacture products that experience a seasonal demand variation. 2 out of 2 points Which of the following statements about competitive priorities is TRUE? Selected Answer: United Parcel Service (UPS) competes on the dimension of on-time delivery in part by using its logistics and warehousing expertise to deliver a very large volume of shipments on-time across the globe. 0 out of 2 points The framework for carrying out all of an organization's functions is: Selected Answer: the organizational design.…

    • 1385 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    cell theory

    • 4858 Words
    • 20 Pages

    The productivity of the resources at the disposal of firms to produce goods and services.…

    • 4858 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Krajewski9 Ch01 Ism Ge

    • 4084 Words
    • 19 Pages

    1. It is often not a good idea for a company to try to excel in all of the competitive priorities because it is generally impossible to do so. Mediocrity is a predictable result. The choice and the minimum level of one or more of the competitive priorities are set by the order qualifiers for the particular product or service. The choice of the competitive priorities that the company should emphasize is usually governed by the company’s strategy driven by its mission statement and the core competencies that the company wants to harness to seek the best competitive advantage.…

    • 4084 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    OM300 exam study guide

    • 1655 Words
    • 7 Pages

    Operations Management- is the set of activities that create value in the form of g&s by transforming inputs into outputs- The business functions responsible for planning, coordination, and controlling the resources needed to produce a company’s products and services. Why Study it? OM is one of three major functions of any organization, we want to study how people organize themselves for productive enterprise. We want to know how goods and services are produced. We want to understand what operations managers do. OM is such a costly part of an organization. What OM People do. Planning Organizing Staffing Leading Controlling. Differences in Goods & Services Operations activities often very similar Distinction not always clear Few pure services Productivity- Productivity = Units Produced / Input Used(labor hours used). Measure of process improvement. Represents output relative to input. Only through productivity increases can our standard of living improve. Multi Factor Productivity = output / labor +material + energy + capital + miscellaneous. Also known as total factor productivity. Output and inputs are often expressed in dollars. Productivity Variables: Labor – 10% of annual increase. Capital – 38% of the annual increase. Management – 52% of the annual increase. Key Variables for improved labor productivity: Basic education appropriate for the labor force, Diet of the labor force, Social overhead that makes labor available. Challenge is in maintaining and enhancing skills in the midst of rapidly changing technology and knowledge. Management- ensures labor and capital are effectively used to increase productivity Productivity and the service sector- Typically labor intensive. Frequently focused on unique individual attributes or desires. Often an intellectual task performed by professionals. Often difficult to mechanize and automate. Often difficult to evaluate for quality. New Challenges in OM: Global focus, supply chain partnering, sustainability, rapid product…

    • 1655 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Only through productivity increases can our standard of living improve. Multi-Factor Productivity: Output/Labor + Materials +Energy+ Capital +Miscellaneous. Also known as total factor productivity, outputs & inputs often expressed in dollars, multiple resources units  multi-factor productivity.…

    • 870 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Productivity is the amount of goods or services produced divided by the inputs needed to generate that output while Effectiveness is measure of how appropriate organizational goals are and how well those goals are being met. Organizations want to produce the most goods and services using the least amount of inputs. Output is measured by the sales revenue an organization receives when goods are sold (Robbin & Coulter, 2012).…

    • 712 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    What is Labor productivity: Labor productivity is defined by measurement of economic growth of a country. Labor productivity measures the amount of goods and services produced by one hour of labor. Specifically labor productivity measures the amount of real GDP produced by an hour of labor. Growing labor productivity depends on three main factors: investment and saving in physical capital, new technology and human capital.…

    • 460 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Starting Over

    • 1013 Words
    • 4 Pages

    Productivity is the measurable relationship between results produced and the resources required for production; quantitative measure of the efficiency of the organization. Productivity focuses on the efficient use of governmental resources and actual impacts of what…

    • 1013 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Operations

    • 412 Words
    • 2 Pages

    Allow me to start by saying “The Goal” was truly an enjoyable experience in learning the fundamental concepts of operations management. This was a non-traditional and fun way to gain knowledge. I would have never imagined learning such “operational principles” in an entertaining manner. Bravo Professor Kouvelis for instituting education in creative and informative way. Now, on to the questions at hand……

    • 412 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Productivity growth refers to the relationship between increases in production and services (output) in relation to a constant level of input such as labour, capital and land. (ABS, 2004). Considered more broadly, productivity measure the ability of a nation to harness its physical and human resources to produce output efficiently (Productivity Commission, 2003 )…

    • 1093 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Operations

    • 9746 Words
    • 39 Pages

    SAP gives manufacturing companies the comprehensive, integrated information needed to support collaboration—and it can help you reap solid business benefits, including: • • • • Reduced costs—Save money with supply chain efficiencies, employee and customer self-service tools. Improve program tracking and project progress; shorten design and planning cycles. Increased revenues—Work across boundaries to explore new business opportunities with customers and partners. Foster product and service innovation. Maximize sales and marketing campaigns. Shorter…

    • 9746 Words
    • 39 Pages
    Powerful Essays
  • Powerful Essays

    Productivity, as defined by ISO 9000 series, is the extent to which planned activities are realised and planned results achieved. It should not, however be confused with efficiency. It is to be understood that efficient performance of unnecessary work is not productive.…

    • 1324 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Product yield & Productivity: Product yield is a measure of output used as an indicator of productivity. [Page 88]…

    • 557 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Operation

    • 324 Words
    • 2 Pages

    The microwave oven market in the 1980s was in its infancy in China, where competition and demand size were small. Only a few foreign brands such as Toshiba, LG and Whirlpool were in the market and they had no clear intention to expand and dominate because they had not yet sensed the market potential, due in part to their lack of familiarity with the rapidly evolving Chinese market environment. Besides, the high price of their microwave ovens was unaffordable to most Chinese consumers.…

    • 324 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Government and industry regard it as a main factor involving contributing to economic growth through its contributions to productivity.…

    • 795 Words
    • 4 Pages
    Good Essays