Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Science, Math, and Philosophy
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 10-11-2007, 01:23 AM
SykoraG SykoraG is offline
Senior Member
 
Join Date: Jun 2006
Posts: 379
Default MATH QUESTION - Help me!

My Brain is absolutely done - this seems so simple yet I can't figure it out

Joanna French is currently working a total of 12 hours per day to produce 240 dolls. She
thinks that by changing the paint used for the facial features and fingernails that she can
increase her rate to 360 dolls per day. Total material cost for each doll is approximately
$3.50; she has to invest $20 in the necessary supplies (expendables) per day; energy costs
are assumed to be only $4.00 per day; and she thinks she should be making $10 per hour
for her time. Viewing this from a total (multifactor) productivity perspective,
A.) What is her productivity at present and with the new paint?
B.) How would total (multifactor) productivity change if using the new paint raised
Ms. French’s material costs by $0.50 per doll?
C.) If she uses the new paint, by what amount could Ms. French’s material costs increase without reducing total (multifactor) productivity?
Reply With Quote
  #2  
Old 10-11-2007, 04:59 AM
Gonso Gonso is offline
Senior Member
 
Join Date: Apr 2006
Location: seat zero
Posts: 3,265
Default Re: MATH QUESTION - Help me!

Well, you know your fixed costs. $20/day in supplies, $4/day in energy, $120 for labor/day. The total is $144 per day.

Her variable costs under the existing scheme are $3.50 per doll over 240 dolls/day = $840/day. Her variable costs under the new paint scheme are $3.50 per doll over 360 dalls/day = $1,260/day. Her total costs equal fixed costs per day plus variable costs per day.

Or are you doing the output/KLEMS bit?
Reply With Quote
  #3  
Old 10-11-2007, 06:33 PM
SykoraG SykoraG is offline
Senior Member
 
Join Date: Jun 2006
Posts: 379
Default Re: MATH QUESTION - Help me!

I'm following KLEMS. This is an output question.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 12:59 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.