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- Question 6 Cedric 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 8 computers 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 $ 0.00 b) What would typically be Cedric's total daily earnings? For full marks your answer(s) should be rounded to the nearest cent. Daily earnings = $ 0.00Question 3 In this problem we will decompose a naive comparison of averages into a treatment effect and selection bias. Suppose a wine seller has 1000 different wines on offer and decides to advertise half of them. We are asked to assess the effect of advertising on wine sales, and are given last month's sales figures. a) Explain in words why the 'naive' comparison of sales figures may not be informative of the ATE, ATT or ATU. b) What do you need to assume about selection bias for the comparison of sales figures to be informative of the ATE, ATT and ATU? Also write your answer in terms of conditional expectations. c) Can the naive comparison equal the ATE even with selection bias? Explain. d) Assume average sales for advertised wines were $600, whereas non-advertised wines were $800. Assume also that the selection bias in o is -$300 and the selection bias in y, is -$400. Complete the table below and explain your answers. (Note: Half of wines are advertised). Not Advertised Advertised…Question=) Consider Hhe Scenglio ale the officelof youl Saciely. you Human Riesanke inivelsity's the Compuler Plesident, Vice media Manaja have As and Plesident He Saciely gladuated, Hese open tot how Position ीजी Is ale new Studends. mellad of collerting job analyris infamadion we? Discuss u Desciption he (|which wanld Jou job (2) Wrile one any Position?
- Pay grades allow rates of pay for individual jobs to be more precisely matched to market rates and the organization's job structure. Question 31 options: True FalseQ5. The details regarding Labour force engaged in a work scheduled to be completed in 30 hours are as follows- Category of Workers Number Standard Standard Actual Actual Number Wage wage rate/hr. (in Rs.) rate/hr. (in Rs.) Skilled 75 60 70 70 Semi- 45 40 30 50 Skilled Un Skilled 60 30 80 20 Total 180 180 The work is actually completed in 32 hours. Calculate Labour Variances. Show your working clearly.Question 2Bryan has been working for Habib Jewels for almost 12 years. He is well known for hisskills in precision cutting of diamonds. The Company recognize his skills and expertise.However, Bryan is reluctant to share his knowledge and skills in cutting diamonds to hisjuniors. (b) Suggest what the management can do to change the behavior of Bryan and otherworkers like him. Thank you for your afford.
- Q. At a management luncheon, two managers were overheard arguing about the following statement: "A manager should never hire another worker if the new person causes diminishing returns." Is this statement correct? If so, why? If not, explain why not. Please provide a detailed explanation. Thank you!Operations Management CH 11 Please show work. Thank you. Question 6Question 1: After Spending several weeks on the job, Haleema was surprised to discover that her Uncle had not formally evaluated any employee's performance for all the years that he had owned the business. Waqar position was that he had "a hundred higher-priority things to attend to," such as boosting sales and lowering costs, and, in any case, many employees didn't stick around long enough to be appraisable anyway. Furthermore, contended Waqar, manual workers such as those doing the pressing and the cleaning did periodically get positive feedback in terms of praise from Waqar for a job well done, or criticism, also from Waqar, If things did not look right during one of his swings through the stores. Similarly, Waqar was never shy about telling his managers about store problems so that they too, got some feedback on where they stood. This informal feedback notwithstanding, Haleema believes that a more formal appraisal approach is required. She believes that there are criteria such as…
- Engineering Management questionWhat may be used as aids in planningQ.1: How forecasting helps in different disciplines of management science? Make a comparison between quantitative forecasting versus qualitative forecastingMr Paul Makatle is an employee at a clothing factory The following deductions anre made from his gross monthly salary: • 7,5% of his gross monthly salary for pension fund contributions • UIF (Unemployment Insurance Fund) of 1% of bis gros monthly salary • PAYEPay as you earn) tax as per tax bracket Use the salary advice below which Mr Makatle receives for December 2020 to answer the questions that follow. SALARY ADVICE PAYMENT DATE EMPLOYER PERIOD Fusion Industries PO Box 4325 10 31/12/2020 Bramley 2000 Name of Employee: Mr Paul Makatle Identity number: 670914 5234 086 Empicyee number: 2007041235 Bank & Account Number on Medical Ald: Adult: 2 Children: 1 nr: Pension Nr: Tax Number: ABSAXXXXXXXXX 78554902 538672901 Xxxx2435 DEDUCTIONS INCOME Basic Salary R 8 236,00 PAYE R 402.45 UIF R 82,36 Pension Fund R 617,70 Medical Aid contribution R 1 764,00 TOTAL DEDUCTIONS R 2 866,51 R 8 236 NET SALARY GROSS SALARY IRP5 PARTICULARS-cumulative year to date R 82 360,00 Total Employee's Tax…
