7) Float is days an activity can be delayed without delaying project completion.
Q: Standard Direct Labor Wage Rate and Direct Labor Efficiency Variance Informationregarding Maxwell’s…
A: Formula:
Q: employees are paid based on the number of items that are produced
A: work measurement and payment selection model helps to identify the employee payment method based on…
Q: Maximizing revenue should be the goal of the firm Select one: O a. True O b. False
A: The Objective of the firm is the main purpose or the goal of the organization. The company is an…
Q: The primary concern of resource based view is industry selection and positioning. True False
A: The resource-based view, or called (RBV) is the managerial structure utilized to define the…
Q: -core competency -above-average yields -tangible and intangible resources -capabilities…
A: An organization is a group of people who work together to achieve a set of goals. It can be thought…
Q: Discuss any 5 time-management skills that can help people improve their productivity
A: Productivity is a crucial part in any success stories in business. Productivity is the measure of…
Q: As part of the Department of Labor Statistics, you are assigned the task of evaluating the…
A: Given data, Last Year This Year Production (dozens) 1,500 1,500 Labor (hours)…
Q: An intermittent processing can take the form of mass production. O a. FALSE O b. TRUE DUS PAGE
A: Intermittent processes are the cycles what start at an unfixed time span and end at another unfixed…
Q: An example of a nonfinancial Balanced Scorecard measure concerning internal business processes would…
A: Balanced score card is a classic example of performance measurement system. This approach states…
Q: The Wonderful Widget Company's earning have declined to the point where they need to reduce the…
A: When an employer eliminates a significant number of workers in order to cut company expenditures,…
Q: Manufacturing Direct Labor: Fixed or Variable?To retain skilled employees instead of letting them go…
A: Fixed Cost: Fixed costs are those cost which remains the same as the level of output. i.e. these…
Q: BCG Matrix for Apple
A: The BCG matrix of Apple Group is as follows. Stars- Apple A very popular brand and extremely high…
Q: During the financial crisis many organizations had decide to downsize and layoff some of their…
A: Financial crisis is a situation when a company is low on funds, revenues are effected and expenses…
Q: What is the difference between 99.9% uptime per month and 99.9% uptime per year?
A: Uptime is the measure of reliance on a system. It is defined as the duration of time for which the…
Q: Anaylze Tesla's most valuable resources using the Resource Based View of the firm VRIN-O framework
A: Tesla Motors VRIO Analysis Core competencies Valuable Rare Inimitable Organized Advantage…
Q: how is the demand met? who are processing the products to meet the need ? how much of the need is…
A: Following points shows how is the demand met -Manufacturers are continually faced with the challenge…
Q: Bathrobes Inc. employees work 10 hours a day, with a 30 min break, 5 days a week. This company is…
A: Working Minutes per Day = (10*60) - 30 = 550 minutes per day 17 Employee Produces = 210 1…
Q: Which of the following is not a role of operations management? - to add value in the transformation…
A: As a full-time employee of an organisation, an operational function entails the direct management,…
Q: KEY ELEMENTS OF TOTAL QUALITY attempt to adopt the total quality approach. This is because they look…
A: Quality defines standards that help to quantify something. For example, there are some standards set…
Q: The Resource Perspective focuses primarily on: a. Operating Environment b. Context of the firm c.…
A: The Resource Perspective focuses primarily on:
Q: ECONOMIC DIVERSIFICATION AND JOB CREATION FOR GULF NATIONALS CAN BE ACHIEVED WHEN SMES PLAY A…
A: Economic creation and job creation for gulf nationals can be achieved when smes play a substantial…
Q: Productivity - is a common measure of how well a business, manufacturer is using its resources (or…
A: Production is the process of manufacturing the finished products using different resources and…
Q: The number of customers of X company is 3000 in 2020 and 2870 in 2021. The number of customers is…
A: In the given question, the name of the department is asked which may be considered responsible for…
Q: You should benchmark a company that: O Is in a different business O Makes benches O Follows a…
A: Benchmarking refers to process of setting a standard by which one can compare the quality/efficiency…
Q: WAI knows from historical records that approximately 40percent of its labor is used in Department…
A: Given, Direct Labor Machine time Dept 101 40% 60% Dept 102 60% 40%
Q: During the financial crisis many organizations had decide to downsize and layoff some of their…
A: Financial crisis is a situation when a company is low on funds, revenues are effected and expenses…
Q: An)is an increase in efficiency that results from an increase in the volume of production.
A: Ans 1 Plan schedule Management Plan Schedule Management is the process of establishing the policies,…
Q: You have been asked to estimate the selling price per unit of a new produc of a certain product.…
A: Labor cost = RO 15/hour Production material cost = RO 375 per 100 units Time to produce first unit =…
Q: Which of the following statements is true?a. The lower the partial productivity ratio, the greater…
A: b. Productivity improves when partial productivity increases.
Q: CMACGM is one of the leading shipping companies in the world. In the company everything is…
A: These days all the organizations are going global. These days companies are having the best…
Q: The best talent can be recruited by officer development program (ODP). Further, the talent should…
A: On-the-job training is considered an effective approach to train employees. It defines the role of…
Q: ar OFF based on the feedback provided by built in thermostat. This is an example of O a A Business…
A: A thermostat is described as a device that detects changes in temperature to control the temperature…
Q: Productivity increases when:a) inputs increase while o utputs remain the same.b) inputs decrease…
A: Productivity is the organization's capability of producing goods within a given time and specific…
Q: Maybe I'm missing something obvious but where are you getting the numbers for 150 pounds of…
A: Kindly ignore the previous calculations since the wrong values are used. Find the below-updated…
Q: Which of the following constituents of the SWOT is aligned with the Resource Based View of the firm…
A: The resource-based view for goal setting uses the SWOT analysis to identify the firm's internal…
Q: Assume that direct labor is a variable cost. The special order would have no effect on the company's…
A: Given Special order to make is 6,000 units for $ 21.20 each. Now from given data, Total Variable…
Q: Lulu’s Dancewear operates a garment manufacturing business that employs 35 operators who work 7…
A: Business: A business is an organization entirely made for earning profits or for fulfilling social…
Q: The best talent can be recruited by officer development program (ODP). Further, the talent should…
A: Officer development program is the on the job training. Workers are prepared to help their…
Q: Imagine that you own your business. a) Think about your production process. Please explain the…
A: Combining of various material inputs and immaterial inputs for making something for consumption…
Q: Looking into the machine productivity only, is an example of multifactor productivity O a. False b.…
A: Looking into the machine productivity only is an example of multi factor productivity Multifaceted…
Q: 1. Having safety stock of raw materials to protect against quality is an example of “Mura”. True…
A: 1. The answer is False. Safety stock increases the cost of holding the stock. This increases the…
Q: ainpauas ina ia un 12 11 11 SCENARIO 1 • Workers at a widget factory are paid for every 15 widgets…
A: Reinforcement is the way to teach desirable behavior. For instance, Skinner used positive…
Q: 6-A manager who reviews the previous performance and compares it with the current one for…
A: Management is the set of different functions such as planning, organizing, controlling, and…
Q: ms can be used in a business continuity assignment for education institute? please DEMONSTRATE with…
A: Not just profit-oriented enterprises, but also educational institutions that facilitate research,…
true/false
7) Float is days an activity can be delayed without delaying project completion.
8) Design-Build projects have a higher cost than Design-Bid-Build.
9) 4D CAD software automates Estimating by providing costs.
10) Accurate Assessment of Labor productivity is difficult.
Step by step
Solved in 4 steps
- Manufacturing cycle efficiency is an Example of Balanced Scorecard measure of the:a. Internal perspectiveb. Customer perspectivec. Learning and growth perspectived. Financial perspectiveThe best talent can be recruited by officer development program (ODP). Further, the talent should also be maintained to produce company productivity. b. Dedicated to maintain best talent recruited by ODP, is it better to conduct on-the job or off-the job training? Why?Which of the following constituents of the SWOT is aligned with the Resource Based View of the firm ? a) OT b) OS c) SW d) ST
- The best talent can be recruited by officer development program (ODP). Further, the talent should also be maintained to produce company productivity. a. What are the differences in term of talent's characteristics to those recruited by regular program and those recruited by ODP?The Wonderful Widget Company's earning have declined to the point where they need to reduce the number of employees from 1500 to 1440. Find the percent decrease in the company's workforce.White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $150 per unit (labor, $30; materials, $70; and overhead, $50). The sales price is $300 per unit.a. To achieve a 10 percent multifactor productivity improvement by reducing materials costs only, by what percentage must these costs be reduced? b. To achieve a 10 percent multifactor productivity improvement by reducing labor costs only, by what percentage must these costs be reduced? c. To achieve a 10 percent multifactor productivity improvement by reducing overhead costs only, by what percentage must these costs be reduced?
- Munson Performance Auto, Inc., modifies 375 autosper year. The manager, Adam Munson, is interested in obtaininga measure of overall performance. He has asked you to providehim with a multifactor measure of last year's performanceas a benchmark for future comparison. You have assembled thefollowing data. Resource inputs were labor, I 0,000 hours; 500suspension and engine modification kits; and energy, 100,000kilowatt-hours. Average labor cost last year was $20 per hour,kits cost $ 1,000 each, and energy costs were $3 per kilowatt-hour.What do you teU Mr. Munson?Imagine that you are the Sales Assistant working from 8:30 AM to 4:30 PM including one-hour lunch break in ABC Limited. His tasks includes reviewing Sales plans, updating monthly sales reports, and handling client’s complaints. The daily rate given to you is 75 RO/day, How do you think your company would justify this pay? I will decide later. No, as work outputs can be easily measured. Maybe, as he is a new employee. Yes, as work outputs cannot be readily measured.Easy Electronics produces CD players using an automatedassembly line process. The standard cost of CD players is$139 per unit (labor, $28; materials, $66; and overhead, $45).The sales price is $275 per unit. a. To achieve a 12 percent multifactor productivity improve-ment by reducing materials costs only, by what percent-age must these costs be reduced?b. To achieve a 12 percent multifactor productivity improve-ment by reducing labor costs only, by what percentagemust these costs be reduced?c. To achieve a 12 percent multifactor productivity improve-ment by reducing overhead costs only, by what percent-age must these costs be reduced?
- Balanced scorecard (BSC) is a strategic management performance Metric that helps companies identify and improve their internal operations to help their external outcomes. It measures past performance data and provides organizations with feedback on how to make better decisions in due course.(c) Describe how to apply a BSC ?(b) What are the BSC benefits ?Standard Direct Labor Wage Rate and Direct Labor Efficiency Variance Informationregarding Maxwell’s direct labor cost for the month of January follows:Direct labor hourly rate paid $28.50Total standard direct labor hours for units produced this period 11,000Direct labor hours actually worked 10,800Direct labor rate variance $16,000 favorableRequired Compute the following:1. Standard direct labor wage rate per hour, rounded to 2 decimal places, in January.2. Direct labor efficiency variance for January; round your answer to the nearest whole dollar. Was thisvariance favorable (F) or unfavorable (U)?FAST PLZ 6-A manager who reviews the previous performance and compares it with the current one for improvement, is performing which management function? Controlling Directing Staffing Planning