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

Explain all the principles of organization, Explain all the principles of o...

Explain all the principles of organization. Principles of Organization: Organization is a structure or mechanism which enables living things to work efficiently together.

Explain major priorities associated with operations strategy, What are the ...

What are the major priorities associated with operations strategy? How has their relationship to each other changed over the years?

Economics, Economics issues and operation research solutions

Economics issues and operation research solutions

Difference among purchasing and supply management, What is the difference b...

What is the difference between purchasing and supply management?

Describe ways of improving decision making process, Question 1: (a) Exp...

Question 1: (a) Explain the specific steps you would take to ensure that an individual has the appropriate abilities to satisfactorily do a given job. (b) Explain  the four

Explain what is the firm''s code of conduct, Governance mechanisms are cons...

Governance mechanisms are considered to be effective if they meet the needs of all stakeholders, including shareholders. Governance mechanisms are also an important way to ensure t

Explain what will be the total costs for each alternative, Ergonomics Inc. ...

Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information: Average demand = 54 units per day Average lead time = 30 days Item u

OR, Explain OR Models

Explain OR Models

Observation methods, Observation  Methods: The  observation methods i...

Observation  Methods: The  observation methods is the most commonly used  methods  especially in studies  relating to  behavioural sciences. In a way we all observe things aro

Discuss entrepreneurship is more mundane, INC.. magazine claims, "Entrepren...

INC.. magazine claims, "Entrepreneurship is more mundane than it is sometimes portrayed . . . you don't need to be a person of mythical proportions to be very, very successful in b

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd