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One group of 20 trainees estimated a total overall monthly cost benefit of $336,000 related to business improvements and showed an average 70 percent confidence level with that estimate. The calculation is as follows: 70 percent multiplied by $336,000 gave a cost-benefit of $235,200. This number was divided by 20 ($235,200/20 trainees) to give an average estimated cost benefit for each of the trainees ($11,760). To calculate ROI,1. Identify outcomes (e.g., quality, accidents).2. Place a value on the outcomes.3. Determine the change in performance after eliminating other potential influences on training results.4. Obtain an annual amount of benefits (operational results) from training by comparing results after training to results before training (in dollars).5. Determine the training costs (direct costs + indirect costs + development costs + overhead costs + compensation for trainees).6. Calculate the total benefits by subtracting the training costs from benefits (operational results).7. Calculate the ROI by dividing operational results by costs. The ROI gives an estimate of the dollar return expected from each dollar invested in training.
Organizational Strategy is Critically evaluate information from core business functions to enhance organizational knowledge
Wheatie should be allocated 35% more space than Grano, which amounts to allocating about 57% to Wheatie also 43% to Grano. Illustrate what do you think.
Is this situation a result of poor supervision or employees thinking that re is nothing wrong because every1 else is surfing. Do you think that this is a reflection of our changes in society.
Mop and Broom Manufacturing is evaluating whether to produce a new type of mop. The company is considering the operations requirements for the mop as well as the market potential.
The final exam should count twice as much as the midterm exam, the semester average should be rounded up to the nearest whole number, and the semester grade should be assigned by the folowing criteria
How are the situations for Ford and Google companies similar and different? What do you learn about strategy formulation from this comparison?
A process is so vital to an organization that the main unit has 2 backups. In case the main unit fails, either backup can be pressed into service. The main unit has a reliability of .95.
Assuming stock out costs for lost sales of $ 100 per unit, inventory carrying costs of $25 per unit per month and zero beginning and ending inventory, evaluate these two plans on an incremental basis:
discuss how operations strategy interacts with the other functional strategies of the firm, including trade-offs and infrastructure choices. One designated member from each team should then submit to this drop box a detailed response to this exerc..
Over illustrate what range of demand would manual process be preferred over mechanized process. Over illustrate what range of demand would mechanized process be preferred over manual process.
Identify which elements of contract must exist for this agreement to be enforceable. At a minimum, your paper must include a detailed description of the concepts of offer, acceptance, legal consideration, capacity, and legality of purpose.
What is the mean time in hours that a customer spends in the system and What is the mean utilization percentage of the call center employee answering the phones (the server in this system)?
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