A company is working in manufacturing sector and uses labour-force, which consists of skilled, semi-skilled, and unskilled workers. The rate of…

A company is working in manufacturing sector and uses labour-force, which consists of skilled, semi-skilled, and unskilled workers. The rate of Labour per week for skilled worker is 120, for semi-skilled workers is 80and for unskilled worker is 60. It had planned the labour for a job that would take 60 weeks to be completed, ideally. Ratio of workers employed in skilled, semi-skilled, and unskilled would be 5:3:4. The management consultant who was employed to handle this job died in an accident. Board hired a new consultant to take over this job. This new consultant had a different approach for doing this job. He thought that workers actually required would be in the ratio of 7:3:8. He changed the composition of labour-force and employed the workers in the new ratio. Project was carried out successfully and it turned out that this change in Mix of labour-force saved the company - 76,800 in the job but at the same time company also lost - 1,29,600 due to poor productivity of the labourers. As a result, management consultant was promoted and labour force was fired & was replaced with more experienced labour-force. As the new management consultant was promoted, company found a new one to replace him. This 3 rd management consultant was asked to understand and analyse the previous job done by the 2 nd management consultant. Data in addition to above-given information was provided as follows:- Net extra cost spent, in comparison to planned cost, was - 1,04,000.Total number of weeks worked by all the type of labourers was 23,040 weeks.Skilled and semi-skilled labourers in reality charged 20extra per week, whereas unskilled labourers were negotiated to charge 20less per week, than what they had charged earlier. Let say, you are the 3 rd management consultant, and you have been given with all this information. Work out calculations and answer the following questions (MCQs 6 to 10) based on the information given above.