Reference no: EM132227405
1. What is a high level of formality and how does that play into performance evaluation? In your opinion is it better to base performance evaluation on a high level of formality?
2. According to the lecture on competitive parity, if a company has a 50% market share and they want to grow by 10% so they end up with a 60% market share, what share of marketing effort in the market (share of voice) is most likely needed?
how do we calculate?
3. A manual assembly line is planned for a product whose annual demand is 100,000 units. A continuously moving conveyor will be used with work units attached. Work content time is 30 minutes per unit of product. The line will run 50 weeks/year, 10 shifts per week, and 8 hours per shift. Based on previous experience, assume that line efficiency is 0.9, balancing efficiency is 0.8, and repositioning time is 30 seconds. Determine:
1) Hourly production rate which meets the demand
2) Number of workers required
3) Number of workstations required, if upgraded to automated line