Organizational Behavior
Organizational Behavior
OER 2019 Edition
ISBN: 9781947172715
Author: OpenStax
Publisher: OpenStax College
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Chapter 8.4, Problem 2CC

How are rewards tied to performance appraisals?

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Explain with the help of diagram(s) (a) how the producer's and consumer's risks are related to the natural tolerance set at ±30 in a control chart, and (b) how the two risks are involved in the typical OC-curve?
Stratos Manufacturing produced 14,000 units of a product called Titan during June. Titan has a standard materials cost of 4 pieces per unit at $5 per piece. The actual materials used consisted of 56,000 pieces at a total cost of $274,400. Actual purchases of materials amounted to 60,000 pieces at a cost of $288,000. Compute the two materials variances.
What is the sustainable growth rate ?
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