Supply Chain Management Q&A

Productivity Work
TLW Consulting has been concerned about declining profitability and the president has asked you to evaluate productivity over the past two years. After several weeks, you have managed to collect the following data about company operations.
2019 2020
Billable Hours125,000 135,000
Labor Hours150,000 160,000
Travel$4,000,000 $4,500,000
Information Technology$3,200,000 $5,800,000
Management Overhead$5,000,000 $7,000,000
Capital Investment$3,000,000 $4,500,000
The average charge for billable hours is $325 and the average cost per labor hour is $105. Invested capital is exclusive of information technology investment.  The productivity of an individual factor involves comparing the cost of that input factor to the value of the output, which is billable hours.
1. what is the output in hours?
2.a. What is the labor productivity for 2019 in dollars? 
2.b. What is the labor productivity for this 2020 in dollars? 
2.c. What is the percent change in productivity? 
  
3.a. What is the total-factor productivity (use all the inputs) for 2020 based on the above factors?  
3.b. What is the total-factor productivity for 2019?
3. c. What is the change in productivity from 2019 to 2020. 
         
Problem 4: How well is the company doing? What would you recommend to the Boss? (Thinking question)
Problem 5:
LocationLawrenceKansas CityManhattan
pieces processed700065007500
workers/hr5812
hourly wage rate$9.50$10.25$9.50
overhead/hour$25.00$20.00$40.00
What is the multi-factor productivity for each of the centers per hour (units/$)?   
 
Problem 6:
Based on the results of problem 5, which plant should the company shut down?

7. What is the difference between efficiency and utilization?

8. What is the best scheduling method to use?

9. What is Rough Cut Capacity Planning? And, what is the drawback of this technique?

10. What is the link between the Theory of Constraints and the capacity of a facility/operation?

forecastactual demanderror
1Q 2019 215 
2Q 2019 210 
3Q 2019 220 
4Q 2019 225 
1Q 2020 255 
2Q 2020 240 
3Q 2020 260 
4Q 2020 270 
1Q 2021   
  1. Using the 4 quarter moving average: What is the forecast for 2Q 2020, 3Q 2020, 4Q 2020, and 1Q 2021
  2. Compute the forecast for 2Q 2020, 3Q 2020, 4Q 2020, and 1Q 2021using exponential smoothing (start with 2Q 2020) with a smoothing factor of .6.
  3. Which forecast method provides a more accurate forecast?
  4.  Compute the forecast for 2Q 2020, 3Q 2020, 4Q 2020, and 1Q 2021 using a weighted moving average technique. The most recent period (for 2Q 2020 that will be 1Q 2020) is weighted at .5, second most recent at .35, and 3rd most recent at .15.
  5. Compare the results from 4 to the results from 1 and 2. Now which forecast provides the more accurate forecast?
  6. If the exponential smoothing is calculated using a smoothing factor of .8 will the forecast error be smaller or larger?
Research Paper 101
Calculate your paper price
Pages (550 words)
Approximate price: -

Reasons to trust Research Paper 101

On Time Delivery

We pride ourselves in meeting the deadlines of our customers. We take your order, assign a writer but allow some more time for ourselves to edit the paper before delivering to you. You are guaranteed a flawless paper on a timely manner...

24x7 Customer Live Support

Our team at Research Paper 101 is committed to handling your paper according to the specfications and are available 24*7 for communication. Whenever you need a quick help, you can talk to our writers via the system messaging or contact support via live chat and we will deliver your message instantly.

Experienced Subject Experts

Online Experts from Research Paper 101 are qualified both academically and in their experiences. Many are Masters and Phd holders and therefore, are qualified to handle complex assignments that require critical thinking and analyses...

Customer Satisfaction

We offer dissertation papers as per students’ wishes. We also help craft out the best topics and design concept papers. By ordering with us, you are guaranteed of defending and making through those hard faced professors in the defense panel!

100% Plagiarism Free

We at Research Paper 101 take plagiarism as a serious offence. From the start, we train our writers to write all their papers from scratch. We also check if the papers have been cited appropriately. Our website also has a tool designed to check for plagiarism that has been made erroniusly. In essense, the paper you get will be 100% legit...

Affordable Prices

We understand that being a student is very challenging, some students balance between work and studies in order to survive. We therefore offer pocket friendly rates that are very competitive in the market.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

error: