The chief at the ultrasoun division of the radiology department in a community h

Question

The chief at the ultrasoun division of the radiology department in a community hospital would like to measure the multi-factor productivity for a "complete abdomen" procedure. The last three yers of data were accumulated, as shown.

EX9.1: a- What are Multi-productivity ratios for these years? Assumptions:

(1) Each test represents an equal amount of output

(2) Quality is constant Measurement

EX9.1: b- Conclusions about the productivity trend for the procedure:

The chief at the ultrasoun division of the radiology department in a community hospital would like to measure the multi-factor productivity for a "complete abdomen" procedure. The last three yers of data were accumulated, as shown.

EX9.1: a- What are Multi-productivity ratios for these years? Assumptions: (1) Each test represents an equal amount of output (2) Quality is constant Measurement Year 1 Year 2 Year 3 Price ($) 880 883 886 Volume 5,583 6,312 6,129 Labor ($) 75,000 77,000 80,000 Materials ($) 2,750 2,900 3,100 Overhead ($) 6,500 6,700 7,000 Year 1 Year 2 Year 3 EX9.1: b- Conclusions about the productivity trend for the procedure:

Explanation / Answer

Answer to part a)

Multi- Productivity Ratio= (Volume* Price)/ sum of Cost towards labour, Material & Overhead

Multi Productivity ratio for Year 1 = 58.32

Multi Productivity ratio for Year 2 = 64.36

Multi Productivity ratio for Year 3 = 60.27

Answer to part b)

There is an increasing trend of Productivity in Year 2 as compared to Year 1, whereas there is decreasing trend in Year 3 as compared to year 2

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.