Operations management Productivity measure please help

ababa

New member
Joined
May 18, 2011
Messages
1
Sales volume/(Labor hours * Wage rate) + Rent

But when I do this I do not get the answer that they have . I get 1.8 instead of 11 (which is there answer.) I feel am missing something

Tried and True Clothing has opened four new stores in college towns across the state. Data on sales and costs are given below.

Danville

Sales Volume

$23,968

Labor Hours
962

Wage Rate

$11.90



Rent

$1,661
 
1) Your written formula needs help.

Sales volume/[(Labor hours * Wage rate) + Rent]

There is your 1.8

2) 11? Something missing. 1.8 is correct as it has been reported. Are yousure all the inforamtion is available?
 
Nice to use "spacing" for clarity; however, you're going overboard!
Your post could be shortened this way (along with a couple of corrections):

ababa said:
Productivity measure = Sales volume/(Labor hours * Wage rate + Rent)

But when I do this I do not get the answer that they have . I get 1.8 instead of 11 (which is their answer.)
I feel am missing something.

Tried and True Clothing has opened four new stores in college towns across the state.
Data on sales and costs are given below.

Danville:
Sales Volume: $23,968 , Labor Hours: 962 , Wage Rate : $11.90 , Rent: $1,661
Bet you a Canadian buck that their answer of 11 includes ALL 4 stores: you're only using 1 store.
 
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