In an effort to improve productivity in a large semiconductor manufacturing plant, the plant manager decided to undertake on a trial basis a series of actions directed toward improving employee morale. Six different strategies were implemented, such as increased employee autonomy, flexible work schedules, improved training, company picnics, electronic suggestion box, and better work environment. Periodically, the company surveyed the employees to measure the change in morale. The measure of effectiveness is the difference between the number of employees who rate their job satisfaction as very high and those who rate it very low. The per-employee cost of each strategy (identified as A through F) and the resultant measurement score are shown in the next column.
The manager has a maximum of $50 per employee to spend on the permanent implementation of as many of the strategies as are justifi ed from both the effectiveness and economic viewpoints. Determine which strategies are the best to implement. (Hand or spreadsheet solution is acceptable, as you are instructed.)
|
Strategy
|
Cost/Employee, $
|
Measurement Score
|
|
A
|
5.2
|
50
|
|
B
|
23.4
|
182
|
|
C
|
3.75
|
40
|
|
D
|
10.8
|
75
|
|
E
|
8.65
|
53
|
|
F
|
15.1
|
96
|