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 $6.75 an hour. Blacksburg pays $6.50 an hour, Charlottesville $6, and Danville $5.50. The cost to rent store space is $1800 a month in Annandale, $2000 a month in Blacksburg, $1200 a month in Charlottesville, and $800 a month in Danville.a. Which store is most productive?b. Tried and True is not sure it can keep all four stores open.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 $6.75 an hour. Blacksburg pays $6.50 an hour, Charlottesville $6, and Danville $5.50. The cost to rent store space is $1800 a month in Annandale, $2000 a month in Blacksburg, $1200 a month in Charlottesville, and $800 a month in Danville.

a. Which store is most productive?

b. Tried and True is not sure it can keep all four stores open. Based on productivity, which store would you close? What other factors should be considered?

 

 

 

1-4. It is time for the annual performance review of Go-Com's account executives. Account values and hours spent each week acquiring and servicing accounts are shown below. Each agent works approximately 45 weeks out of the year, but the time spent on accounts each week differs considerably. How would you rate the performance of each individual? Which agent is most productive? Which agents show the most potential?

 

 

 

 

 

1-6. Omar Industries maintains production facilities in several locations around the globe. Average monthly cost data and output levels are as follows.

a. Calculate the labor productivity of each facility

b. Calculate the multifactor productivity of each facility

c. If Omar needed to close one of the plants, which one would you choose?

  

1-8. Carpet City recorded the following data on carpet installations over the past week. Use the data to calculate the average rate at which carpet can be installed.

 

1-10. Posey Ceramics makes ceramic vases for a chain of department stores. The output and cost figures over the past four weeks are shown here. Labor costs $10 an hour, and materials are $4 a pound. Calculate the (a) labor productivity(in hrs), (b) material productivity (in lbs), and (c) multifactor productivity for each week. Comment on the results.