Forums › FIA Forums › MA2 Managing Costs and Finance Forums › Measurements
- This topic has 4 replies, 2 voices, and was last updated 8 months ago by Ken Garrett.
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- April 22, 2024 at 7:20 pm #704429
Which of the following statements relating to labour measure is not true?
A) The idle time ratio compare the actual idle number of hours with the expected number of idle hour
B) The production Volume Ratio compare expected labour hours with available labour hours
C) The labour efficiency ratio compare expected labour hours with actual labour hours worked
D) The labour Activity (Capacity) Ratio compare with the actual labour hours worked with available labour hoursApril 22, 2024 at 7:32 pm #704430Can you tell me which statements are not true
April 23, 2024 at 1:40 pm #704457I said before that this is covered in detail on p67 of our notes Have you studied that? If so you should be able to suggest the answer.
April 25, 2024 at 3:58 pm #704542I think only A
April 25, 2024 at 4:31 pm #704543I agree. Idle time ratio is:
Idle hours/total hours paid for.
It is not actual idle compared to expected idle.
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