100 percent bonus plan. J. Martin, employed by the Beach City Canning Company submittedthe following labor data for the first week in June:UnitsHoursMonday...Tuesday.Wednesday..Thursday...Friday...2708.***.****23083002408.260Required: Prepare a schedule showing Martin's weekly earnings, the effective hourly rate, andthe labor cost per unit, assuming a 100 percent bonus plan with a base wage of $9 per hour anda standard production rate of 30 units per hour. (Round off the bonus percentage to two decimalplaces.)

The question is related to the Cost Management. The details are given for a week of 5 days. The…

Answered: 100 percent bonus plan. J. Martin,…

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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Workforce Reduction Introduction: Workforce reduction is one of the toughest challenges for a human resources manager. In today’s marketplace, financial and growth considerations can change rapidly, affecting an organization’s potential growth or even its existence in some cases. The latter is especially true with startup companies, or new organizations that may initially grow a bit too quickly and then must retrench when the market changes. Planning for a reduction is the responsibility of the human resource manager, and if done correctly can mitigate some of the difficulty and toll taken on all concerned. Read the following scenario and respond in a minimum of 250 words Microsoft Word document concerning the following: Scenario: Your boss tells you the company is suffering losses in the market, and if some employees are not laid off in the next three months, the company may not survive. Based on your reading in Chapter 5 and Table 5.2: Discuss what options you would consider, and…
Explain work breakdown structure (WBS)?
A new start-up company is conducting a SOP meeting in order to "plan ahead" to effectively address the seasonal variation appearing in the annual demand of its products. Pedro, the planning manager is considering to use a planning horizon of 6 months and utilize the following information: Demand Forecast No. of Working Days Month January 1,800 22 February 1,500 19 March 1,100 21 April 900 21 May 1,100 22 June 1,600 20 Cost Breakdown Cost (Php) Material 100 per unit Inventory Holding 5 per unit per month Marginal Stock-out 10 per unit per month Marginal Cost of Subcontracting* 20 per unit 1,000 per worker Hiring and Training Layoff 1,500 per worker Regular Labor Cost per Hour Overtime Labor Cost per Hour *Cost of buying less material costs 15 per worker per hour 20 per worker per hour Starting and Operating Conditions Current Inventory 400 units Current Workforce 38 workers Labor Hours per Unit 5 worker-hours / unit Regular Labor Time per Employee per Day 8 hours Inventory at the End of…
Q1. Discuss difference between Project, Project Management, and Operations with real world examples.
QUESTION 1 Assuming 520 hours in the quarter, calculate the hourly wage for job levels 2-5 and the quarterly wage for job level 1. For all employee levels, compute benefits, total compensation, and hourly compensation. Job Level 5 4 3 2 1 Quarterly Wage $19,300 $14,700 $12,100 $10,400 $ 0.00 Show your work or leave a comment $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 Benefits @ 22% Total Compensation $ 0.00 $ 0.00 $ 0.00 0.00 0.00 $ 0.00 0.00 $ 0.00 $0.00 $16.92 Hourly Wage Hourly Compensation $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 2 HE 3 36
QUESTION 4 When selecting employees who will be laid off in a reduction in force (RIF), O employers should select only the oldest employees employers may not lay off all workers from a single location seniority is an acceptable method of making he decision O subjective performance evaluations such as ranking are a good basis for the decision QUESTION 5 An employer's explanation for an employee's termination is deemed to be a pretext if: a better decision could have been made the reason is ill-considered O the reason has no basis in fact a different decision would been made by the court
Assessment1. How would the employees who remained be affected by the unjust termination of a colleague? 2. What do you think is the reason why outplacement for laid-off employees should be away from company headquarters? 3. Why should you complete a termination interview for at most 15 minutes? 4. Suppose you have to choose who to lay off between an employee who is about to retire and a new employee who shows significant potential. What would be your considerations in choosing the person to lay off? Who will you choose to lay off then?
Assignment No. 11 Answer 2 a, b, c
Assignment 2 – Activity Title: Practical HRM in Aviation Objective/s:i. To gain insight of the HRM system of world’s renowned airlinesii. To improve analytical skills of the students Instruction: Select an airline and cover the following aspects: ii. Job descriptions and job specifications of at least 4 different positions in the company
Assignment 2 – Activity Title A:Practical HRM in Aviation Instruction:Select an airline and cover the following aspects: ii. Job descriptions and job specifications of at least 4 different positions in the company.
1. Explain human resources management in drink powder factory. 2. Explain labor specialization in drink powder factory with diagram. 3. Explain job expansion in drink powder factory with diagram.
Assignment 2 – Activity Title A:Practical HRM in Aviation Instruction:Select an airline and cover the following aspects: ii. Job description and job analysis of at least 4 different positions in the company

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