2. A retail store sold in the month of April 5,000 products that produced $45,000 in sales. In the month of May the company sold 6,000 products. The store workforce consists of four full-time workers who work 40-hour week. In April the store also had seven part-time workers at 10 hours per week, and in May the store had nine part-timers at 15 hours per week (assume four weeks in each month). Using sales dollars as the measure of output (assume the price of the product was the same for both months), what is the percentage change in labor productivity from April to May? Answer:
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- At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.Scenario: You are the supervisor of the Sales Department of Khemlani Furniture. It is customary to check the attendance register semi-annually to determine attendance and punctuality of supervisees. Your checks revealed the following for Joanalee Smith: late for 160 days for more than 30 minutes each morning absent for 10 days without proper documentation. You met with Ms Smith and presented your findings mentioned above. At that meeting, she explained that her parents, who live with her, are sick and she has a special needs daughter who she takes to the day care each morning. Together you explored some options and arrived at an amicable solution. Task: With the aid of a computer, prepare a report to the management of your organisation outlining the following: the results of your attendance and punctuality checks your findings from the meeting with your supervisee decisions taken during the meeting. The following skills should be demonstrated: proofread,…An electrical contractor's records during the last five weeks indicate the number of job requests: Week: Requests: 1 2 3 25 27 25 4 26 57 27
- What is the average number of tennis balls does Skousen maintain?One of the engineers at Clearwater Electronics is a devout Muslim and is required to attend prayer services at his mosque during the day on Friday for a short period. He has asked his direct supervisor in the past if he might take time off, but his supervisor said it would be too inconvenient. The engineer has now asked HR for help in determining if a reasonable accommodation could be made so he can attend the midday prayer service. Which of the following statements would be considered the best “reasonable accommodation” HR can present to the supervisor? The company could allow the engineer to take his lunch break to attend the prayer service. If he is late returning, he can make up the time at the end of the day. The company could remodel a storage area as a prayer space, which would require at least six thousand dollars for the remodel because of the need for washroom facilities. The company could ask another employee to cover for the time the engineer is gone and…XYZ Company, a leading retail organization, faced staffing challenges in maintaining optimal workforce levels and skill sets to meet fluctuating customer demands. To address this issue, the company implemented a data-driven staffing strategy. Through the analysis of historical sales data, customer footfall patterns, and seasonal trends, XYZ Company accurately forecasted staffing requirements. The management team utilized workforce management software to efficiently schedule shifts, allocate resources, and minimize labor costs. As a result, the company achieved improved employee productivity, reduced overtime expenses, and enhanced customer service levels. Question: How did the implementation of data-driven staffing strategies contribute to employee satisfaction and retention at XYZ Company?
- What does the intercept mean in equation below ? X: C18 (total employees hours worked per week) versus Y: C19 (clinic patients seen per week). Equation: y=0.49x+0.84 Slope:0.49 Intercept:0.84 Does the intercept mean it is 0.84 and predicts how many patients seen if zero hours were workeed. In this case it has no meaning , it is only a line fitting?How did you calculate experimental and theoretical time periods? How did they differ in yourexperiment?2. A firm cleans chemical tank cars in the Bay St. Louis area. With standard equipment, the firm typically cleaned 70 chemical tank cars per month. They utilized 10 gallons of solvent, and two employees worked 20 days per month, 8 hours a day. The company decided to switch to a larger cleaning machine. Last April, they cleaned 60 tank cars in only 15 days. They utilized 12 gallons of solvent, and the two employees worked 6 hours a day. (a) What was their raw material and their labor productivity with the standard equipment? (b) What is their raw material and their labor productivity with the larger machine? (c) What is the change in each productivity measure?
- An enterprise has 120 employees as of January 30, 2020. From the New Year to June 30, 2020, 16 people left the job, while the business had 144 employees at that time.According to the relevant data, what is the workforce turnover rate for the first 6 months of 2020?A) 10%B) 12.5%C) 15%D) 22.73%Suggest ONE advantage of having an insurance policy and ONE contributingfactor to errors in allocation of deductions from the perspective of an Operational Manager in the Claims Department. Suggest ONE advantage of having an insurance policy and ONE contributingfactor to errors in allocation of deductions from the perspective of an Strategic Manager in Underwriting Department.You have just graduated from the medical technology program and have been hired by a hospital-based laboratory. This is a hospital that you have not trained in and is completely new. You have been hired for the evening shift 4- 12. In detail, explain how you would approach the first 3 months of your employment. The first three months of any new employment is probationary.