Operations Management Extra Credit Problems (2 points added to your final exam score for each cormect answer. 1、 The manager of a crew that installs carpets has tracked the crew’s output over the past several weeks, and the data are as follows: Wee nsta 480 351 484 250 348 250 a. Calculate labor productivity and multifactor productivity for each of the weeks b. What does the evidence for labor productivity suggest regarding the relationship between crew size and productivity? What does the evidence for multifactor productivity suggest regarding the relationship between crew size and productivity? c. The Readylite Company produces a flashlight in which product managers are trying to decide how long a warranty to issue. Il. If the managers believe the life of the flashlight follows a normal distribution with a mean of two and one-half years and a standard deviation of six months: a. What percentage of flashlights sold can they anticipate will be returned within b. What percentage of flashlights sold can they anticipate will be returned within A company is considering investing in one of the production processes identified the first two years? the first two and one-half years? Ill. be low. The company anticipates charging $12 each for each new unit of output it will First process FC= 170.000 VC=7S/unit Second process FC 200,000 VC-$6/unit b. If the company CFO, “Rowdy Rob Robert’s goal is to make a target profit of Determine the break-even level of output for each of the processes. $100,000, determine which process requires producing and selling the smaller quantity to achieve this target. Suppose the company’s new C $50,000 is a safer bet than the CFO’s estimate. Overruling the CFO, Green wants to know which process requires a lower level of production to achieve his target profit. c. EO, “Trembling Joe” Green thinks that a profit of