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A manufacturing company would like to measure total factor productivity and labor productivity. Given the following data for the last 3 years, find the total factor and labor ratios for each year. How would you interpret the results? Category Year 1 Year 2 Year 3 (Figures are in thousands of dollars) Sales 110 129 124 Materials 62 73 71 Labor 28 33 28 Other Inputs 8 12 10
Explain the relationship among 'Business Ethics' and 'Corporate Social Responsibility' Ethics may be viewed as a set of moral principles that guide behaviour, based on what is
evulation of manufacring to operation
10 person assembly line, 160 valves produced during 8 hour shift, calculate the labour productivity
You have been named human resource manager for a company that has 180 employees and no formal base pay system. What steps will you take to developed such a coordinated system?
What are some of the factors that cause organizations to redesign their products or services?
What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additi
On the day his son was born, a father decided to establish a fund for his son's college education. The father wants the son to be able to withdraw $4000 from the fund on his 18th b
Explain collective bargaining Collective Bargaining : Collective Bargaining constitutes the negotiations among the management and the union with the final objective of agreein
1) If an operation uses a pull system and lean manufacturing techniques do they need to use forecasts? How about production schedules and shop floor control systems? Explain why/wh
Freight car loadings over a 12-year period at a busy port are as follows: Week Number Week Number Week Number 1 220 7 350 13 488 2 245 8 360 14 475 3 274 9 440 15 499 4 275 10 380
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