A factory currently produces 2,000 units per week with 10 wo…

A factory currently produces 2,000 units per week with 10 workers, each working 40 hours per week. After adopting a new production process, the factory increases its output to 2,200 units per week with 8 workers, each working 50 hours per week. What is the percentage change in labor productivity in terms of units produced per labor hour?

A clothing retailer is struggling to keep up with its compet…

A clothing retailer is struggling to keep up with its competitors due to delays in fabric deliveries and poor coordination with its logistics partners. The management decides to focus on optimizing the entire supply chain to regain its competitive edge. Why is improving the supply chain a critical strategy in this situation?

A consumer electronics company finds that its competitors ca…

A consumer electronics company finds that its competitors can deliver products faster and at lower costs due to better collaboration with suppliers and distributors. To stay competitive, the company decides to improve its supply chain. What is the primary reason this approach is critical?