1. as the regional manager of a small chain of pizza stores, you have just recei
ID: 437824 • Letter: 1
Question
1. as the regional manager of a small chain of pizza stores, you have just received the following data from three of your stores..............................Store A............B..................C
sales of the week.......12,500.........14,500..........12,500
# of customer/week....3,150..........2,150............655
total labor hrs/week.....440............535...............535
toatl square ft of operation...1,260...1,260...........1,275
a) define at least three measurements of oproductivity for the chain and calculate each store's productivity for each measurement that you developed.
b) based on your measurements, analyze and compare the three stores
c)what might be some of the reasons for the differnces in productivity?
Explanation / Answer
Productivity is a measure of the efficiency of production. Productivity is a ratio of production output to what is required to produce it (inputs). The measure of productivity is defined as a total output per one unit of a total input. These definitions are short but too general and insufficient to make the phenomenon productivity understandable. A more detailed theory of productivity is needed, which explains the phenomenon productivity and makes it comprehensible. Furthermore is needed operationalization of the concept productivity that makes it a measureable quantity. In explaining and operationalizing a set of production models are used. A production model is a numerical expression of the production process that is based on production data, i.e. measured data in the form of prices and quantities of inputs and outputs. It is most advisable to examine any phenomenon whatsoever only after defining the entity the phenomenon under review forms part of. Then it will be possible to analyse the phenomenon as part of such an entity. Hence, productivity cannot be examined as a phenomenon independently but it is necessary to identify the entity it belongs to. Such an entity is defined as production process. It goes without saying that productivity is a critical factor of production process in one way or another. To define the way is the object of this article. The benefits of high productivity are manifold. At the national level, productivity growth raises living standards because more real income improves people's ability to purchase goods and services, enjoy leisure, improve housing and education and contribute to social and environmental programs. Productivity growth is important to the firm because more real income means that the firm can meet its (perhaps growing) obligations to customers, suppliers, workers, shareholders, and governments (taxes and regulation), and still remain competitive or even improve its competitiveness in the market place.[1]
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