Why is knowing the productivity of a process important?

The activities of a project are given below.  Along with each activity’s duration (in days), the immediate predecessor(s) for each activity is also given. Determine the latest start (LS) of activity B.  Report your answer to the nearest whole number (e.g., 12). Activity Duration (days) Immediate Predecessor(s) A {a} – B {b} A C {c} A D {d} B,C E {z} C,D F {q} D

The details of weekly output and input for a fabrication process are as follows: output is 600 units, with a standard selling price of $50 per unit. For the week, total labor costs are: 8 workers at 40 hours for the week, are paid $20 per hour. Total material costs for the 400 units are $8,000. Weekly overhead is charged at the rate of 1.3 times the labor costs. What is the multifactor productivity for the week?

Why is knowing the productivity of a process important?

Which of the following is NOT an operations management strategic decision?

Identify and briefly define the three (3) operations strategies.  Please restrict definitions to 1 sentence or less for each strategy.

Which of the three common productivity variables has the greatest potential to increase productivity?

Our discussion of productivity has restricted its application to the creation of goods.  Why would applying productivity to services be difficult?

Which of the following is NOT an operations management strategic decision?

Our discussion of productivity has restricted its application to the creation of goods.  Why would applying productivity to services be difficult?