Answered: A chain store plans for reduce its…

A chain store plans for reduce its workforce by 4%. If there are currently 18,600 employees and 126 of them retire voluntarily, how many additional employees must be laid off?

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...

See similar textbooks

Similar questions

In the dynamic landscape of modern businesses, effective staffing extends beyond merely matching skills with job requirements. It encompasses a strategic approach to workforce planning, talent acquisition, and employee engagement. A comprehensive staffing strategy involves forecasting future skill needs, understanding industry trends, and embracing diversity and inclusion to foster innovation. Talent acquisition goes beyond traditional recruitment methods, incorporating digital platforms, networking events, and employer branding to attract top talent. Once hired, employee engagement becomes crucial for retention and productivity. This involves creating a positive work culture, offering career development opportunities; and providing meaningful feedback. Ultimately, successful staffing is an ongoing process that aligns the workforce with the organization's goals and values. Question: How does your organization leverage technology and digital platforms in its talent acquisition process…
Should the goal is to reduce the number of IT support staff available to students and teachers, then the installation of mobile device management software should have this as one of its primary goals. Is it more beneficial to invest in new services and provide superior care to existing customers, or is it more beneficial to concentrate on improving operational efficacy?
According to the latest unemployment report, American manufacturing added 24,000 jobs last month but in Skowhegan Maine more than 300 manufacturing jobs at a New Balance shoes plant could be on the line in the face of new competition overseas. Employees at the plant, like Skip Bowman, know that his company would make more money if it would shut down the plant and move his job oversees. He says that every day he walks through the doors; he is part of the effort to keep the factory going. New Balance is the last major brand to produce athletic shoes in the U.S. About 25% of its manufacturing is still in New England where it has operated for nearly a 100 years. The privately owned company says it is committed to its American workers. In discussions with Pat Welch, plant manager for New Balance, he says that if they were thinking about the bottom line and only the bottom line, New Balance wouldn’t be here (Skowhegan Maine). In the backdrop of plant operations, Welch interacts with workers…
Some of the successful companies (e.g. Ford, Toyota, Google etc) organize their production and operations functions around ten critical decision areas in operations. These areas are: Goods and services designQuality ManagementProcess and Capacity DesignLocationLayout DesignHuman Resources and Job DesignSupply Chain ManagementInventorySchedulingMaintenanceConsider a business (goods or services business) you are familiar with or search one online. Consider their operations function. Write a paragraph (5-8 sentences) on each of the 10 areas above on their operations function
Ms. Saada owns a Computer shop in Muscat, she wishes to increase the sales volume of her products, whom do you think is most important for Ms. Saada to employ? a. Accountant executive b. Sales associate c. Product designer d. Human resource executive
Estimate the value of a loyal customer of a loyal Volvo automobile owner. Assume the contribution margin is 0.27, the purchase price is $64,000, the repurchase frequency is every four years, and the customer defection rate is 26 percent. Do not round intermediate calculations. Round your answer to the nearest dollar.
Both Aldi and Target are two famous, large grocery chains in the United States. Their business models are a clear reflection of their competitive priorities. Which statement is true about their competitive priorities? Aldi is more focused on flexibility, while Target's focus is on quality. Aldi is more focused on time, while Target's focus is on innovation. Aldi is more focused on quality, while Target is more focused on cost. Aldi is more focused on cost, while Target's focus is on flexibility.
This year, Druehl, Inc., will produce 57,600 hot water heaters at its plant in Delaware, in order to meet expected global demand. To accomplish this, each laborer at the plant will work 200 hours per month. If the labor productivity at the plant is 0.25 hot water heaters per labor hour, how many laborers are employed at the plant? ttempt Number of laborers employed by the plant = laborers (round your answer to the nearest whole number).
According to the latest unemployment report, American manufacturing added 24,000 jobs last month but in Skowhegan Maine more than 300 manufacturing jobs at a New Balance shoes plant could be on the line in the face of new competition overseas. Employees at the plant, like Skip Bowman, know that his company would make more money if it would shut down the plant and move his job oversees. He says that every day he walks through the doors; he is part of the effort to keep the factory going. New Balance is the last major brand to produce athletic shoes in the U.S. About 25% of its manufacturing is still in New England where it has operated for nearly a 100 years. The privately owned company says it is committed to its American workers. In discussions with Pat Welch, plant manager for New Balance, he says that if they were thinking about the bottom line and only the bottom line, New Balance wouldn’t be here (Skowhegan Maine). In the backdrop of plant operations, Welch interacts with workers…
Help fill in the tables with an explanation of how the fields were achieved. I need to explain the answers. Some fields are already given in the tables. You have an upstream Picking department that feeds two downstream Packing departments: Pack Singles and Pack Multis. Those Packing departments feed to a Shipping department that loads the outgoing trucks. 30% of your Pick volume goes to Pack Singles and has a packing rate of 171 units per labor hour (uph). 70% of the Pick volume goes to Pack Multis and has a pack rate of 266 units per labor hour. Your pickers pick both Single and Multi items throughout the day at an overall average rate of 114 units per labor hour. All units that are packed in both processes go through the Ship process at a rate of 570 units per hour. You have 102 people today for all 4 departments and you absolutely must pack 47,880 units in Pack Multis Items to meet a customer promise metric. How do you allocate labor to balance the flow in your department if you…
You are investigating the use of automated robots to replace some of the tasks performed by waiters and waitresses in your neighborhood restaurant. The robots are capable of clearing tables and delivering food to customers. Customer interactions to order food would continue to be done by humans. You estimate that you could reduce your staff from 15 workers making $15/hour to around 7 workers. In addition, you are sure that use of the robots would attract additional customers perhaps increasing sales by $100,000/year. The robots cost $75,000 each and you figure you will need two or three depending on how fast business increases. Perform an analysis to determine if hiring robots and letting humans go makes good economic sense.
With respect to cost efficiency, if we are getting a dollar's worth of work done for each dollar spent: CPI will be 1 CV will be 0 both above neither of the above