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In a reorder point system, the demand rate for gizmos is normally distributed, with an average of 250 units per week. The lead time is 7 weeks. The standard deviation of weekly demand is 25 units.
Under the Fair Labor Standards Act, exempt employees: The point system of job evaluation permits jobs to be evaluated quantitatively based on compensable factors.
The Fair Labor Standards Act has four major provisions. The provisions are concerned with minimum wage rates, overtime payments, equal rights, and child labor.
includes employee recognition programs, rewarding jobs, organizational support. Jobs that are grouped into the same pay grade should:
Studies have shown that variable pay plans may not achieve their proposed objectives or lead to organizational improvements due to each of the following, EXCEPT: Profit sharing refers to any procedure
When employees are paid according to the skills and knowledge they have rather than the specific jobs they perform, they are paid according to competence-based compensation. Because of its focus, the
When communicating benefits programs to employees:
An analysis of executive salaries shows that the largest portion of executive pay is received in long-term incentive rewards and bonuses.
Noncash incentive rewards are most effective as motivators when the award: Executive base salaries represent between ____ percent of the total annual compensation. A major problem of ESOPs is that:
If an employee takes a leave of absence under the Family and Medical Leave Act, the employer must continue the employee's medical benefits for the duration of the leave. households nearing retirement
A need for a new benefit should be established before adding it to a benefits package. The amount of survivors' insurance benefits paid by Social Security:
How can a manager take a diverse group who is not initially cohesive and capitalize on the differences in order to increase cohesiveness? What skills does the manager need to possess in order to do th
I have to do a project on Linear Algebra discussing its applications in other fields of mathmatics. I was told to look into Regressions? I'm looking for as specific of answers as possible.
A distribution center receives shipments of a product from three different factories in the quantities of 50, 30, and 20. Three times a product is selected at random, each time without replacement. Fi
In addition to employee self-service, organizations have implemented manager self-service. Some feel that this empowers managers too much, and takes away necessary controls. Debate the pros and cons o
You are in the process of writing a Request for Proposal (RFP) for new HRM technology. What information would you need to include in the RFP and from where would you obtain the information? Provide a
Compare and contrast the distinction between e-HRM and HRIS. Explain how these areas will focus your future strategy.
With the increases in HRM technology over the past few years, claims of worker privacy violations have skyrocketed. How would you begin assessing this issue?
Identify and explain the four (4) marketing elements that distinguish services from products. No copy and paste garbage, all answers must be original! If not orginial than don't waste your time or my
You are the new staffing manager for Square, Inc., a large and still growing company with 23 locations nationwide. Square Inc. hires approximately 300 employees per year. They currently place advertis
Explain how HRM technology can improve the efficiency and effectiveness of HRM functions. What evaluation measures can be used to assess the impact on the business strategy? Provide an example.
A cardiac patient recovering from open-heart surgery complains to a nurse that she was having mild chest pain and shortness of breath. The nurse is on her way to lunch. She decides to wait until after
Create a malpractice scenario using the elements of negligence as discussed in the lecture and your textbook. You must create a scenario using a patient/ healthcare provider relationship and incident.
Asset efficiency ratios for Fischer, Inc. are given in the table below. Based on this information, Fischer, Inc.'s fixed asset turnover ratio is likely to be ________.
In a team-based situation, which is more effective: team or individual rewards? Why? Please support your position with a practical example.