Question : 71) Melik Company provided the following information. Budgeted input12,000 kilograms Actual input15,000 litres Budgeted : 1196090

 

71)

Melik Company provided the following information.

 

Budgeted input12,000 kilograms

Actual input15,000 litres

Budgeted production5,000 units

Actual production4,750 units

 

What is the partial productivity ratio? 71)

______ A)

0.32 units per kilogram B)

0.33 units per kilogram C)

3.16 units per kilogram D)

1.71 units per kilogram E)

0.40 units per kilogram

72)

Which of the following statements is TRUE concerning productivity? 72)

______ A)

the partial productivity ratio measures the number of outputs produced per multiple input B)

productivity has increased when the partial productivity is high C)

the lower the partial productivity ratio, the greater the productivity D)

the partial productivity ratio measures the amount of a single output produced with multiple inputs E)

prices of inputs are incorporated in the partial productivity ratio

73)

What is the direct manufacturing labour partial productivity, assuming 20,000 widgets were produced during 2001 and 80,000 direct manufacturing labour-hours were used? 73)

______ A)

0.50 unit per direct manufacturing labour-hour B)

0.25 unit per direct manufacturing labour-hour C)

1.25 unit per direct manufacturing labour-hour D)

1.00 unit per direct manufacturing labour-hour E)

0.75 unit per direct manufacturing labour-hour

74)

What is the direct manufacturing labour partial productivity, assuming 10,000 units were produced during 2001 and 40,000 direct manufacturing labour-hours were used? 74)

______ A)

1.25 unit per direct manufacturing labour-hour B)

0.50 unit per direct manufacturing labour-hour C)

0.25 unit per direct manufacturing labour-hour D)

0.75 unit per direct manufacturing labour-hour E)

1.00 unit per direct manufacturing labour-hour

75)

Which of the following statements is TRUE concerning productivity measures? 75)

______ A)

The strengths and weakness in the measurements of the Partial productivity measure are the strengths of the Total factor productivity measures are completely unrelated to each other. B)

The weaknesses of the Partial productivity measure are the strengths of the Total factor productivity measure. C)

Both the Partial productivity and Total factor productivity measures have the same weaknesses, but each has different strengths as a measure. D)

Both the Partial productivity and Total factor productivity measures have the same strengths, but each has different weaknesses as a measure. E)

Both the Partial productivity and Total factor productivity measures have the same strengths, and the same weaknesses as a measure.

76)

Which of the following would result in an increase in Total factor productivity, assuming all other variables are held constant? 76)

______ A)

current technology becomes obsolete B)

the company uses more total inputs C)

the quantity of outputs increases D)

quantity of inputs increases and costs of inputs stays the same E)

the company uses lower quality inputs

77)

Which of the following is a major advantage of total factor productivity? 77)

______ A)

The control operations personnel have over outputs. B)

The marketing mix determined by management. C)

It measures the combined productivity of all inputs. D)

It is easy for operations personnel to understand. E)

The control operations personnel have over inputs.

78)

________ is the ratio of the quantity of output produced to the costs of all inputs used, where the inputs are combined on the basis of current period prices. 78)

______ A)

Productivity B)

Partial productivity C)

Manufacturing conversion D)

Product yield variance E)

Total factor productivity

79)

The partial productivity of overhead resources can be measured by considering the cost driver as 79)

______ A)

the actual input. B)

budgeted input. C)

the fixed input. D)

the denominator. E)

the numerator.

80)

Which of the following statements about productivity measures is FALSE? 80)

______ A)

It is important to identify cost drivers. B)

They may be stated in terms of dollars. C)

Partial productivity measures do not allow managers to evaluate the effect of input substitutions on overall productivity. D)

Total factor productivity explicitly considers gains from using fewer inputs as well as from substitution among inputs. E)

The productivity measure may not be made for companies with multiple products.

 

81)

The average number of student credit hours taught per faculty member is an example of 81)

______ A)

a partial productivity measure. B)

a total factor productivity measure. C)

a standard productivity measure. D)

a budgeted productivity measure. E)

an expected performance measure.