Explain how much would he receive under the incentive plan, Operation Management

Assignment Help:

Fulton Enterprises is trying to determine standard production per day for an incentive program. Suppose that the incentive program will pay $1 per unit produced above standard rates. A worker is timed at 280 seconds per unit, with a performance rating of 105%. The plant has an allowance factor of 13%. If he produces 100 units in an 8 hour shift, how much would he receive under the incentive plan?

Related Discussions:- Explain how much would he receive under the incentive plan

Marketers position and distinguish their company’s products, How do markete...

How do marketers position and differentiate their company's products/services relative to competition?

AP2, Play now? Play later? You can become a millionaire! That''s what the...

Play now? Play later? You can become a millionaire! That''s what the junk mail said. But then there was the fine print: If you act before midnight tonight, then here are you cha

Define productivity percentage change for each category, 1 Eric Johnson mak...

1 Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the pr

Explain contemporary theorists emphasize two approaches, 1. As management t...

1. As management theory has evolved, contemporary theorists emphasize two approaches: the "systems approach," and the "contingency approach." Explain each. 2. Regarding ethics a

Describe why operational efficiency is so important, Explain why operationa...

Explain why operational efficiency is so important to Net Income, Return on Capital and Income.

Material s management, describe stores management and its function

describe stores management and its function

Business management and performance measurement process, 1. What does Neely...

1. What does Neely suggest is the first step of the business management process and what affect does he suggest performance measurement has? 2. It has been suggested that inves

Describe what''s an effective mission statement, What's an effective missio...

What's an effective mission statement for the Chattanooga Ice Cream Division?

Explain which station is the bottleneck station, A production line at A's m...

A production line at A's machine shop has three stations. The first station can process a unit in 10 minutes. The second station has two identical machines, each of which can proce

What is home improvement and building supply chain, Home-Base, a home impro...

Home-Base, a home improvement and building supply chain, is going to build a new warehouse facility to serve its stores in six North Carolina cities-Charlotte,Winston-Salem, Greens

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages