Part 2 Current multifactor productivity for 640 work hours per month =0.245 loaves/dollar (round your response to three decimal places). Part 3 After increasing the number of work hours to 928 per month, the multifactor productivity =____loaves/dollar (round your response to three decimal places).
Recruitment in Business Communication
The process of discovering and employing the finest and most competent individual for a work opportunity fairly and cost-effectively is referred to as recruitment in human resource management. It is also known as the act of locating potential individuals and motivating and pushing them to compete for positions within a firm. It is a complete process with a complete life cycle that originates with the assessment of the organizational requirements in relation to the position and continues with the employee's engagement with the organization.
Recruitment
Recruitment is the most important part of Human Resource Management (HRM) which is done by HR (Human Resources) of a company, firm, or industry. To understand the policy, HR needs to understand and analyze the requirement of a profile who can fit into the position as per the company’s objectives and goals. Recruitment involves shortlisting, hiring, and analyzing candidates' skills along with experience and qualifications and comparing them with the organization's requirements or job profile. The objective of the recruitment process is to find the right candidate for the right job.
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Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 45% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,600 loaves per month.
Employees are paid
$8 per hour. In addition to the labor cost, Charles also has a constant utility cost per month of
$600 and a per loaf ingredient cost of $0.50.
Part 2
Current multifactor productivity for 640 work hours per month =0.245 loaves/dollar (round your response to three decimal places).
Part 3
After increasing the number of work hours to
928 per month, the multifactor productivity =____loaves/dollar (round your response to three decimal places).
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