Question 6Cedric assembles computers for an electronic factory. He is paid $17.50 per hour, plus $4.90 for each computer assembled in excess of 17, in a 7.50-hour daily shift. Cedric typically assembles 8computers per hour.a) What would typically be Cedric's daily piecework earnings? For full marks your answer(s) should be rounded to the nearest cent.Piecework earnings $ 0.00b) What would typically be Cedric's total daily earnings? For full marks your answer(s) should be rounded to the nearest cent.Daily earnings = $ 0.00

Piecework system indicating a payment system which calculating the payment based on the number of…

Answered: Cedric assembles computers for an…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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question 2: Where an organisation is looking to downsize they would be looking for A.outputs to remain the same and inputs to be reduced B.increase both inputs and outputs C.decrease both inputs and outputs, with inputs decreasing at a faster rate D.outputs to increase with little or no increase in inputs quesiton 3: When the number and cost of abour and equipment is used as inputs to calculate productivity, what is the productivity measurereferred to ? A.Total factor productivity B.Single factor productivity C.Multi-factor productivity D.Productivity QUESTION 4 Employee remuneration which is based solely on output without consideration of time spent) is referred to as A.Output based pay B.Numbers game pay system C.Piece rate wage system D.None of the above
QUESTION 5 The resource-based view (RBV) is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage. Evaluate on how RBV leads to achieving a sustainable competitive advantage (SCA) and recommend ways to address any shortcomings of the RBV model in achieving SCA.
Question A1 Businesses may be compared using a wide range of criteria, although there are some generally accepted (standard) basis. Examine the different ways in which business size may be compared, with a justification as to which one(s) you think should be the main consideration for a named business.
Question 01 Suppose you are an operation manager in a company that manufactures artistic showpieces made ofwood. As the operation manager from time to time, you need to make important production andoperation-related decisions, for instance, how to design the production facility, select raw materials,maintain the quality of the final products, manage the inventories and resources. Now based on thisscenario, briefly explain with examples in your own words, as the operation manager how would youuse models and analysis of trade-offs approach to make decisions regarding any operation andproduction-related activities.
Required: Create a Competitive Analysis for Hersheys Company Noted: details in the photo attached
Question 1: A company that runs a chain of beauty parlours across India and also retails make-up, has defined its core competencies as value creation for the customer, commitment to product quality and professionalism. Identify at least 3 micro competencies under each of the above, which all employees need to exhibit and explain the relevance of each. Question: 2 Tarun is the Business Head for a hardware manufacturing company. Som is the Production Head, in the same salary band as Tarun. How do their roles differ? What are the similarities in their roles?
Question 1 According to Becerra‐Fernandez and Sabherwal (2015), we are witnessing a new era withadvanced industrial economies being revolutionized with the advent of the knowledge age andhighly skilled knowledge‐based workers.Q.1.1 Justify the following statement: “Perceived threats to privacy may inhibitindividuals from contributing knowledge both within the organization as well asacross organizational boundaries”.(5)Q.1.2 With the use of detailed and original examples, differentiate between thefollowing concepts related to the nature of knowledge:Q.1.2.1 General and specific knowledge. Q.1.2.2 Associational and motor skills expertise. Question 2 Knowledge management depends on two broad aspects: 1. KM solutions, which are acombination of the four types of KM processes and systems and 2. KM foundations that includeKM infrastructure, KM mechanisms, and KM technologies. Together these can have a significantimpact on the organisation.Q.2.1 Discuss the relationship between KM foundations…
Question 2 The Resource-Based View (RBV) theories of organization present on how best to capture and keep competitive advantage—that is, how best to manage strategically. Please read below Dunkin’ Donut VRIO analysis. Coffee for the "Average American" Valuable: Dunkin' Donuts focuses on products and prices that are appealing to the "Average American". By selling common coffee and breakfast items that are priced affordably, Dunkin' Donuts is able to attract a large market share. Rare: Many coffee companies focus on top-quality products, but this also results in higher prices. Dunkin' Donuts' niche in the market is rare because they are trying to appeal to a lower income demographic that is sometimes ignored in the coffee industry. Inimitable and Non-Substitutable: Any coffee shop could choose to start selling cheaper, more basic products and this transition could also be done relatively quickly. Therefore, this capability could be imitated. Organized to Exploit:…
QUESTION THREEa) Zambia Breweries has a backlog of 250 crates of Fanta drinks at the end of December. The demand of Fanta drinks is expected to be 400 crates in January, 500 crates in February and 550 crates in March. Each worker can produce 50 crates of drinks per month with regular wage costing the company K10 000 per worker per month. Hiring cost has been calculated to be K25 000 per. Hiring cost has also been calculated to be K50 000 per worker. Backlog cost have been determined to cost the company K250 per worker. There are no cost associated with carrying the inventory. Develop a level of production plan (aggregate plan) and determine the cost. b) Explain why aggregate planning is necessary in production and operation management.c) Define the meaning and what happens at each of these aggregate capacity planning;i) Matching Demand approachii) Level Capacity approach.
Question : Read the below scenario carefully and answer the questions? YOU BE THE CONSULTANT Ed Sabol, a once unhappy coat salesman, had a passion for filming his son’s high school football games and other activities. Word of Ed’s filming abilities soon got around and he found himself working a number of local high school games. This led to Ed’s successful bid ($3,000) to film the 1962 NFL championship game. Then Commissioner Pete Rozelle was so impressed with the work that he agreed to Ed’s proposal to create a new entity known as NFL Films that would both preserve the history of the game and promote it to the nation’s sports fans. NFL Films’ creative approach to the game has resulted in 82 Emmy Awards to date Ed retired in 1987, turning the reins over to his son Steve who has taken the company to new heights thanks in part to his empowering leadership style and product innovation. The company now has a 200,000 square foot state-of-the-art facility. . Identify the entrepreneurial…
AP#6 Issue: Many employers no longer pay by cash or even check. The trend is to move to either direct deposit or pay cards (someday cell phone). Without the use of paper checks, the employee is no longer receiving a copy of their paystub on a regular basis. Many companies now use some form of online or computerized system for employees to access their paystubs, however, many employees do not bother to look at these electronic paystubs on a regular basis, or even at all. Questions to be Answered: 1) What is one important reason from an employee’s perspective that employee’s should always review their paystub each payday? 2) What is one important reason from an employer’s perspective that employee’s should always review their paystub each payday? 3) What is one creative method a payroll professional can use to help an employee understand their earnings, deductions, and pay method so that the better understand the information on their paystubs?
1. Why do you choose value analysis, 1 page.

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