True Clothing has opened four new stores in college towns across the state. Data on monthly sales volume and labor hours are given below. Which store location has the highest labor productivity? Problem 1-2. Tried and True’s accountant suggests that monthly rent and hourly wage rate also be factored into the productivity calculations. Annandale pays the highest average wage at $10 an hour. Blacksburg pays $7.35 an hour‚ Charlottesville $8‚ and Danville $7.50. The cost to rent store space is $2‚900
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ch2 Student: ___________________________________________________________________________ 1. An operations and supply chain strategy must be integrated with the organization’s corporate strategy. True False 2. One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost. True False 3. One of the competitive dimensions that form the competitive position of a company when planning their strategies is delivery speed. True
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* How differential rate system is less motivational than bonus system? Answer: F.W.Taylor is the father of scientific management. His scientific management is based on differential rate system. The basic is increase productivity through differential rate system in scientific management. Henry Gantt a contributor to scientific management was an associate of Taylor. Later‚ working alone‚ he developed other techniques for improving worker output. It is called “Bonus System”. On e called the “Gantt
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Essay Title: How can effective teamwork in organisations make business more profitable? Nowadays‚ most of the organizations try to develop some kind of teamwork in their businesses. Teamwork originated in workplaces‚ since people began to operate collectively through organisations. Over the years various rules‚ ideas‚ practices and theories that constitute the evolution of teamwork and management have developed. Teamwork can be considered one of the oldest human activities. The ancient Chinese
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experiencing is a low level of productivity‚ mainly due to employee dissatisfaction and low levels of employee motivation. Employees are currently unhappy with wages and incentives‚ as well as general working conditions at the company. As a result‚ employees are becoming unmotivated. Issues such as poor communication skills‚ lack of employee empowerment‚ high turnover‚ and too low or too high mental stimulation also have a direct impact on the low level of productivity (Robbins & Langton 2001) The
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increased productivity? Why did increasing the length of the ovens result in a faster output rate? The company has incorporated two new ways to increase productivity. The company has increased productivity by increasing the length of its ovens by twenty five feet and by cutting the cookies diagonally. The diagonally cut cookies save space‚ thus resulting in a higher level of productivity because more cookies can be made. The additional length of the oven also increase productivity. Now a greater
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division of Cutlet Peabody & Co. Inc.‚ US‚ for licensed manufacture of Arrow shirts in India. What this brought to India was not just another premium dress shirt brand but new manufacturing philosophy to its garment industry which combined high productivity‚ stringent in-line quality control‚ and a conducive factory ambience. Arrow’s first plant‚ with a 55‚000 sq. ft. area and capacity to make 3‚000 to 4‚000 shirts a day‚ was established at Bangalore in 1993 with an investment of Rs. 18 crore
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stressful and become a physical and emotional strain on a person. Effective time management is important to function in everyday life. By learning to manage time effectively and eliminate procrastination‚ one will reduce stress‚ increase focus‚ boost productivity‚ and improve on overall well-being. Poor time management is directly caused by procrastination. The act of procrastinating is putting off something or delaying an action to a later time. Procrastination can ruin one’s chances of being successful
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Chapter 02 Strategy True / False Questions 1. An operations and supply chain strategy must be integrated with the organization’s corporate strategy. True False 2. One of the competitive dimensions that form the competitive position of a company when planning its strategies is cost. True False 3. One of the competitive dimensions that form the competitive position of a company when planning its strategies is delivery speed. True False 4. One of the
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Course) Do to Help? Step 1: Help Making Operational Trade-Offs Responsiveness High Very short waiting times‚ Comes at the expense of Frequent operator idle time Tradeoff Low Low labor productivity Long waiting times‚ yet operators are almost fully utilized y High labor productivity Labor Productivity (e.g. $/call) Example: Call center of a large retail bank - objective: 80% of incoming calls wait less than 20 seconds - starting point: 30% of incoming calls wait less than 20 seconds
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