Which of the following is NOT one of the 10 strategic operations management​ decisions? A. supply chain management B. layout str

Answer:

Part A:

Required workers=20.833≅21

Part B:

Each worker's productivity=2.0833 parts/hour

Part C:

Multifactor productivity=0.0832 Parts/$

Explanation:

Part A:

Total parts produced =100,000

Workers required= Total parts/(Parts per hour* hours per shift*Total Shifts)

Workers required=20.833≅21

Part B:

Individual worker productivity:

Part C:

Total material costs= $10*100,000=$1,000,000

Capital cost= $100,000

Total labor expenses=

Total labor expenses=$100,800

Multifactor productivity=Total Parts/(Total material costs+capital costs+Total labor expenses)

Answer:

A. 50

B. 4%

Explanation:

To determine the number of new MBA graduates that Mt. Kinley must recruit annually, we calculate the flow rate of associates by dividing the average number of associates by the flow time for associates.

Requirement A:

Flow rate of associates = Average inventory of associates / Flow time of associates

Flow rate of associates = 200/4

Flow rate of associates = 50

Thus, the company needs to hire 50 new MBAs each year.

Requirement B

The likelihood of an associate advancing to partner is 20% x 20%

This results in a probability of 4% for an associate to become a partner

Therefore, the probability that a new employee at Mt. Kinley will be promoted to partner stands at 4%

Working

The manager flow rate equals the average inventory of managers divided by their flow time

The flow rate of managers = 60/6

The flow rate for managers totals 10 per year

For partners, the flow rate is calculated as the average inventory of partners divided by their flow time

The flow rate of partners = 20/10

This results in 2 partners per year

The probability of an associate becoming a manager is given by 10/50

yielding a probability of 20%

The chances of progressing to partner stands at 2/10

indicating a 20% chance of becoming a partner