1.You’ve just opened a margin account with $15,000 at your local brokerage firm. You instruct your broker to purchase 800 shares of Landon Golf stock, which currently sells for $77 per share. Suppose the call money rate is 6.5 percent and your broker charges you a spread of 1.25 percent over this rate. You hold the stock for 4 months and sell at a price of $84 per share. The company paid a dividend of $.32 per share the day before you sold your stock. I want to calculate total dollar return and EAR.
2. HH Technologies produces one cell phone every 15 seconds on assembly lines utilizing 8 employees working 10 hours each day. Pay, benefits, and other labor costs total $2.00 per hour, per employee.
a. What is the productivity per day on the line?
b. What is the productivity per hour?
c. What is the productivity per $ of labor cost?
3. Assume production is moved to Alabama, where labor costs now total $8 per hour, and production is one cell phone every 20 seconds. Answer the same questions
a Productivity per day
b Productivity per hour.
c productivity per $ of labor cost
4. An auto assembly line produces 400 new cars per 8-hour shift, utilizing 1,200 employees. What is the productivity per hour? per person/per shift?
What are two methods to increase productivity?
5. Assume the employees are paid $55 per hour. What is the productivity per $ of labor cost? what assumptions can be drawn from that knowledge?
6. A two-person crew can install 40 squares feet of carpet every two hours. A three-person crew can install 70 square feet of carpet every two hours. All persons are paid $20 per hour. Which size crew should be used, why?
