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A typical structure within colleges is instructor, assistant professor, associate professor, and full professor. What type of pay structure would this be classified as, egalitarian or hierarchical? What added information would you need to decide? What behavior by the faculty do you believe the structure influences? Is it aligned or difficult to copy? Does it add value? Why or why not?
Your response should be at least 200 words in length.
Milkovich, G. T., Newman, J. M., & Gerhart, B. (2014). Compensation (11th ed.). New York, NY: McGraw-Hill/Irwin.
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Sometimes (for example 1/12 ) only part of the decimal repeats while in other cases (for example 1/7 ) the whole decimal repeats. Assuming a/b is a reduced fraction, how can you tell which of these two scenarios will occur? Explain.
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The actual demand of a product in period 1 through 3 are 285, 229, 309 units, respectively. Find the forecast of demand in period 4 using the exponential smoothing model with a smoothing constant of 0.41. The forecast demand for period 1 was 302 u..
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