What is the goal of implementing teacher incentive pay

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Reference no: EM132199845

1. What is the goal of implementing teacher incentive pay? Explain why the design of typical teacher pay schedules might make it desirable to provide merit pay.

2. A product with independent demand has a unit cost of $50. The order cost is $41 per order. The annual inventory holding cost is 15% of the item cost per year. The average annual demand is 75,000 units. The supplier has offered to charge only $49 per item if they order at least 2000 units at a time. Should they take the price discount or not? Show.

3. Describe how a rank-order tournament incentive pay system for teachers works.

Reference no: EM132199845

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