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Dandy Collectibles is opening a new warehouse. Bob Lee, the warehouse manager, is trying to determine the labor compensation package that most productively utilizes resources. The typical compensation plan offers an hourly wage rate of $13. Mr. Lee is also considering an incentive plan. The incentive plan rewards solely on performance with order pickers earning $0.40/unit prepared for shipping. A typical week shows the number of ordered units that must be prepared for shipping. Errors sometimes happen in Dandy's order picking. Product mishandling occurs in 1 percent of the orders under the incentive plan and in 0.5 percent of the orders under the hourly wage plan. Errored orders are scrapped and result in lost revenue of $60 per occurrence. Hourly workers pick 20 units per hour. Incentive workers pick 28 units per hour. Regardless of the plan designation, employees work 40-hour weeks. Union restrictions prevent Dandy from operating on Saturday and Sunday. The labor union also restricts Dandy from hiring part-time workers. Orders need not be filled daily, but all orders must be shipped by week's end (Friday). Assume that hiring and training costs are negligible. a. How many workers are needed under each plan for the typical week's demand? b. Which plan meets the typical week's demand at the lowest cost, including lost sales resulting from errors?
Imagine that you are a Chief Marketing Officer (CMO) tasked with preparing a presentation that explains your company's strategic, functional, and operational marketing planning strategies to a recent new-hire to your companies marketing team. What ki..
There are three main arguments against racial and sexual job discrimination: Which of these seem to you to be: 1) the strongest argument? and 2) the weakest argument? Are there important differences between racial discrimination and sexual discrimina..
When should an employer refer the investigation of alleged employee wrongdoing to outside experts, such as attorneys, HR consultants, or private investigators? When should the matter be referred to a law enforcement agency?
What are the primary factors associated with the diffusion of a product in the marketplace? Explain how diffusion relates to the development of new products within an organization.
The competitive pressures on companies within an industry come from those:
Using an organization with which you are familiar, describe if their efforts at external scanning appear to be organized and relevant for changing strategies and goals (even small businesses tend to talk about. what if a competitor does xyz?). Do you..
Review Vroom's Model of Leadership and Fiedler's Contingency Model. Write a summary of your learning team discussion about leadership theories.
Provide the Early Start, Early Finish, Late Start, and Late Finish times for each activity. Compute the Total Slack for each activity. Determine which activities are on the critical path. How long will it take to complete the project
Project Schedule Planning: Using MS Project 2013, develop a comprehensive project schedule plan outlining completion dates, tasks, and relevant milestones. You should include all relevant artifacts that pertain to scheduling aspects of the project..
Case Study: Fiona Stanley Hospital
Identify the risk threshold zones and discuss what actions each requires in managing risk.
CBF is a small manufacturer who makes circuit boards
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