100% Original, Plagiarism Free, Tailored to your instructions

Order Now!

Measure of Productivity in Operational Management

Working on Measure of Productivity in Operational Management Class.Assignment 11. Consider the following data from the past year at Topeka Manufacturing Incorporated and perform thecalculations below:Financial DataDollar AmountsGross income$26,240,000Total sales$25,324,000Total credit sales$19,785,000Net income$3,975,000Cost of goods sold$13,600,000Total assets$11,550,000Average inventory$3,875,000Average receivables$4,445,000Compute the receivable turnover rateCompute the inventory turnover ratioComputer the asset turnover ratio2. Consider the following fictitious data:Comparison of Automobile CompaniesFinancial DataToyota (TM)General Motors (GM)Ford (F)Income per$14,695$26,075$40,982employeeRevenue per$856,669$771,248$886,305employeeReceivables12.816.717.7turnoverInventory12.210.719.9turnoverAsset turnover0.7.80.7Industry$18,545$550,75110.89.50.8Compare the following data from Fiat Chrysler against the data presented above, and answer the questions below:Financial DataChrysler(FCAU)Income peremployeeRevenue peremployeeReceivablesturnoverInventoryturnoverAsset turnover$5,044$707,0442.47.90.7a. What major conclusions can you draw from all of the data provided? Specifically, what organization appears tobe the most profitable and why?b. How does the profitability of Fiat Chrysler compare against the other companies presented above?c. What should Fiat Chrysler do based on its receivable turnover when compared against the other companies?d. Comparing the inventory turnover from Fiat Chrysler to the other companies, what does this number imply, andwhat should Fiat Chrysler consider to increase its productivity/efficiency?3. Ford Motor Company in the production of cars subcontracts out the production of air cleaners to the BochiCorporation. In one specific production process, the machine can produce 500 air cleaners in 14 hours with twoemployees.a. What is their productivity?b. Assume the two employees working with a production specialist can increase production to 600 air cleaners inthe same time period. What will be their new productivity?c. What will be their unit increase in productivity per hour?d. What will be their percentage change in productivity?4. General Motors produced 3,412,714 automobiles in North America in 2014. To accomplish this, each laborer atassembly plant worked 240 hours per month at a rate of $23.00 per hour. If the labor productivity at the plant is2.03 automobiles per labor hour, how many laborers are employed by General Motors to produce theseautomobiles?5. Gino’s Pizza Incorporated produces pizzas for distribution to a regional area. Due to rising costs, theorganization is interested in improving and tracking efficiencies of production. Specifically, the organizationwould like to determine the productivity of its operations, and if they are making improvements in productionby 4% per year. Use the following data to track increases in productivity: Labor, Raw Materials, CapitalInvested, and Energy.Resources20152016Units produced50,00050,000Labor (in hours)15,00012,750Labor per hour$9.75$10.00Raw Materials (units of materials)2,5002,250Cost of Raw Materials$67,500$69,000Capital invested ($)$10,000$12,000Energy (kWh)36,91833,812Labor per hour$9.75$10.00Capital cost (as a percent of revenue) 2%3%Revenue$350,000$360,0006. Using the data original presented for Gino’s Pizza Incorporated calculate the percent change in productivity forone month last year versus one month this year, on a multifactor basis with dollars as the commondenominator.7. Using the original data for Gino’s Pizza Incorporated, what was the return on investment for years 2015 and2016?8. JBW Insurance provides consulting services to a client base in the state of West Virginia. In the month of Augustof 2016r JBW Insurance processed 169 claims. Based on the following data, what is the productivity per dollar?What is the multifactor productivity?JBL Insurance August 2016 Customer Activity ReportLabor840 hours @ $26.66 per hourExpendables$350Software rental$1,666Adjuster (Services rendered)$5,300

Our Service Charter

  1. Excellent Quality / 100% Plagiarism-Free

    We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
  3. Confidentiality / 100% No Disclosure

    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
  4. Money Back Guarantee

    If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
  5. 24/7 Customer Support

    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

Excellent Quality
Zero Plagiarism
Expert Writers

Custom Writing Service

Instant Quote
Single spaced
approx 275 words per page
Urgency (Less urgent, less costly):
Total Cost: NaN

Get 10% Off on your 1st order!