World130_Al-Zhoheir_Hajim_3
Management Consulting Quantitative CalculationCan you calculate the total labor variance in hours (favorable should be positive) and dollars for the Illinois and Wisconsin plants? A positive variance should mean that Total Actual Hours are less than Total Standard Hours. You can use the median wage for All Occupations in the food manufacturing industry in the attached file to convert from hours to dollars.
Also, please give me the straight average of the Productivity Index (Standard Labor Hours per Ton divided by Actual Labor Hours Per Ton) for each location.
Round the final answers to the nearest hundredth. Provide all your answers directly as a reply to me here.
Use the plant-level equipment data by location for the analysis. Also, per client, the total Standard Hours shall be based on Actual Throughput Tons and the Standard Labor Hours per Ton.
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