Organizational Behavior
OER 2019 Edition
ISBN: 9781947172715
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 8.2, Problem 2CC
What are MBOs, and how do they relate to performance appraisals?
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Students have asked these similar questions
Ruby-Star Incorporated is considering two different vendors for one of its top-selling products which has an average weekly demand of
70
units and is valued at
$90
per unit. Inbound shipments from vendor 1 will average
390
units with an average lead time (including ordering delays and transit time) of
4
weeks. Inbound shipments from vendor 2 will average
490
units with an average lead time of
2
weeksweeks.
Ruby-Star operates 52 weeks per year; it carries a
4-week
supply of inventory as safety stock and no anticipation inventory.
Part 2
a. The average aggregate inventory value of the product if Ruby-Star used vendor 1 exclusively is
$enter your response here.
Can you solve this general accounting question with the appropriate accounting analysis techniques?
Sam's Pet Hotel operates 50 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $13.00 per bag. The
following information is available about these bags:
> Demand 75 bags/week
> Order cost = $52.00/order
> Annual holding cost = 20 percent of cost
> Desired cycle-service level = 80 percent
>Lead time = 5 weeks (30 working days)
> Standard deviation of weekly demand = 15 bags
> Current on-hand inventory is 320 bags, with no open orders or backorders.
a. Suppose that the weekly demand forecast of 75 bags is incorrect and actual demand averages only 50 bags per week. How much higher will total costs be, owing
to the distorted EOQ caused by this forecast error?
The costs will be $higher owing to the error in EOQ. (Enter your response rounded to two decimal places.)
Chapter 8 Solutions
Organizational Behavior
Ch. 8.1 - What are performance appraisals, and how are they...Ch. 8.1 - How are performance appraisals used as a reward...Ch. 8.2 - What are the techniques and scales used in...Ch. 8.2 - What are MBOs, and how do they relate to...Ch. 8.2 - What are assessment centers?Ch. 8.3 - What types of feedback do performance appraisals...Ch. 8.4 - What is the best appraisal system for...Ch. 8.4 - How are rewards tied to performance appraisals?Ch. 8.5 - What are the differences between individual and...Ch. 8.5 - What is the variety of reward incentives available...
Ch. 8 - Identify the various functions of performance...Ch. 8 - What are some problems associated with performance...Ch. 8 - Define validity and reliability. Why are these two...Ch. 8 - How can errors in appraisals be reduced?Ch. 8 - Critically evaluate the advantages and...Ch. 8 - Discuss the role of feedback in employee...Ch. 8 - What is the difference between intrinsic and...Ch. 8 - Identify the major bases of reward distribution.Ch. 8 - How does money influence employee motivation?Ch. 8 - Discuss the relative merits of individual and...Ch. 8 - Describe the benefits and drawbacks of several of...Ch. 8 - How does HubSpots focus on culture affect employee...Ch. 8 - What concerns would you have regarding giving...
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