Job evaluation is what a company uses to recognize the differences in the relative worth between jobs and by using this it will help establish pay differentials. By using
Total rewards would benefit the company by improving employee satisfaction, lower employee turnover and increased production quality. The biggest disadvantage would be the company may lose money offering employees benefits they do not want or will not use. Skills based compensation rewards an employee for their qualification and knowledge of their jobs. Pay raises are given as the employees increase their skills. The advantage of skills based is a better trained work staff that has the knowledge to work in
What will be the monthly break-even point in number of passenger cars? 190 -70 = 120 90 * .6 = 54 Break-even for number of cars: (3,150,000 +0)/ (120) = 26250 26250/54 : 486 d. (Refer to original data.) Fuel cost is a significant variable cost to any railway. If crude oil increases by $ 20 per barrel, it is estimated that variable cost per passenger will rise to $ 90. What will be the new break-even point in passengers
236). The GDP was estimated to have changed by around 8 percent between 1934 and 1940. In comparison, in 2005 the real GDP was measured between $0.7 trillion and close to $1.1 trillion a change of around 50 percent. The aggregate supply curve in the 1930’s is also known as the Keynesian short-run aggregate supply curve. This is the “horizontal portion of the aggregate supply curve in which there is excessive unemployment and unused capacity in the economy” (Miller, 2012, pg.
Question : (TCO 8) When an industry has excess capacity, market prices may drop well below their historical average. If this drop is temporary, it is called 9. Question : (TCO 8) An advantage of using budgeted costs for transfer pricing among divisions is that 10. Question
Assume that the population decreases according to the exponential model. 64) Suppose the consumption of electricity grows at 8.9% per year, compounded continuously. Find the number of years before the use of electricity has tripled. Round the answer to the nearest hundreth. 65) The purchasing power of a dollar is decreasing at the rate of 8.5% annually, compounded continuously.
Question 1 In summary: Product Line 1 (time in minutes) Line 2 (time in minutes) Profit ( $ ) X1 SUPER 3 4 42 X2 EXCELLENT 6 2 87 Let X1 = Number of SUPER model produced during 8 hour shift. X2 = Number of EXCELLENT model produced during 8 hour shift. Max 42X1 + 87X2 ST X1 + X2 ≤ 480 3X1 + 6X2 ≤ 480 4X1 + 2X2 ≤ 480 X1, X2 ≥ 0 It is recommended to produce 80 units of EXCELLENT and none SUPER in order to get the maximum profit (See attached print-out, table № 1). If the company wants to produce SUPER, the maximum profit will reduce by $1.5 per each unit, with $6960 - $1.5 = $6958.5 (See attached print-out, table № 2). As the company has extra 320 minutes
“For instance, the fall in the wage lowers people’s income and thereby reduces demand. That reduction may feed back to firms and reduce the demand for their goods, which might reduce the firms’ demand for workers” (Colander, The Limitation of Supply/Demand Analysis, 2010). “If these effects do occur, and are important enough to affect the result, they have to be added for the analysis to be complete. A complete analysis always includes the relevant feedback effects” (Colander, The Limitation of Supply/Demand Analysis,
Being that these types of assets are From significant parts of savings, this is a logical argument. 1982 to 1989, the Dow Jones Average went from 884 to 2,509 which drastically increased capital assets’ values. There was an impressive drop in the unemployment rate during Reagan’s administration as well. 17 million new jobs were created and the unemployment rate fell from 9.7% to 5.5% by the time Reagan’s presidential term ended (Niskanen & Moore 1996). The hours worked by working aged adults grew during
Head Start suffered a cut of more than $10 million for the Head Start program affected for the 2008 Fiscal Year. The 2008 funding cut to Head Start means that programs will experience a decline in federal support by 11% since 2002. Federal support for Head Start kept a pace with the rise of inflation during this period. The budget rose from $6.54 billion in the fiscal year of 2002 to $7.77 billion for the fiscal year 2008. If Head Start programs received their full allocated monies from the ACF’s proposed 2009 budget increase, then programs would still operate in a negative stage by $923 million.