This is a Construction Management class, so will you please be able to provide a step wise solution of how you were able to calculate the answer.
Refer the below images for the above asked questions in a detailed way of solution with explanation.
This is a Construction Management class, so will you please be able to provide a step...
Whether to Work Overtime or Hire Additional Employees The Fair Labor Standards Act requires employers to pay nonexempt status employees an overtime rate at least equal to 1.5 times the normal hourly wage for each hour worked beyond the 40-hour workweek period. ACME manufacturing has just signed a lucrative contract to produce the casings for flashlights. The contract spans five years. During this time, ACME must increase its total manufacturing output by 25 percent. To meet this added demand, the...
Helter Industries, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer product demand. For the current four-month rolling schedule, there are 12 full-time employees on staff. Temps can be hired when needed and can be used as needed on a month-by-month basis, whereas the full-time employees must be paid whether they are needed or not. Each full-time employee can produce 203 suits, while each temporary employee can produce 163 suits per month. ...
ADM 2 United States Postal Service: Mail sorting time variance REAL WORLD One of the operations in the United States Postal Service is a mechanical mail sorting operation. In this operation, handwritten letter mail is sorted at a rate of 1.5 letters per second. An operator sitting at a keyboard mechanically sorts the letter from a three-digit code. The manager of the mechanical sorting operation wishes to determine the number of temporary employees to hire for December. The manager estimates...
Management at the Kerby Corporation has determined the following aggregated demand schedule (in units): Month 1 2 3 4 Demand 500 800 1,000 1,400 Month 5 6 7 8 Demand 2,000 3,000 2,700 1,500 Month 9 10 11 12 Demand 1,400 1,500 2,000 1,200 An employee can produce an average of 10 units per month. Each worker on the payroll costs $2,000 in regular-time wages per month. Undertime is paid at the same rate as regular time. In accordance with...
International Human Resource class Why is it so important to make the right decision when hiring a new employee, especially when you are filling a position in an international company? Consider, for example, the costs for hiring a replacement if the individual selected does not work out. There are generally eight categories of costs you need to consider when hiring on a national basis: advertising job availability pre-employment administrative functions (e.g., review of applications, checking references) interviews -- (e.g., travel...
Using the details from the case study complete the following for your report: a. Provide a cost benefit analysis for each option. b. Recommend one option and explain why you feel it is the best solution. c. Provide ROI data for the option you are recommending. CASE STUDY DATAIN DATAIN is a company that was started by two students who was opportunity to make some money and help pay for their education. As an increasing number of organizations today survey...
How would you modify the workforce to reduce cost? What would be the cost of the 46-worker production plan? Assume the following costs: • Holding Cost (per unit per month): $8.50 • Hiring Cost per worker: $800 • Firing Cost per worker: $1,250 • Payroll Cost: $75/worker/day Shortage Cost: $50 unit short/month • Assume that the work force at end of Dec was 40. • How many did you have to hire? Starting inver Ending invent 200 100 K= 0.342105263...
Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 11,000; winter, 7,700; spring, 6,700; summer, 13,000. Inventory at the beginning of fall is 550 units. At the beginning of fall you currently have 30 workers, but you plan to hire temporary workers at the beginning of summer and lay them off at the end of summer. In addition, you have negotiated with the union an option to use the regular workforce on...
Tim Booker's tennis camp estimates the workforce requirements for its services over the next two years in the accompanying table. Quarter 1 2 3 4 5 6 7 8 Demand(hours) 4,200 6,400 3,000 4,800 4,400 6,240 3,600 4,800 Each certified instructor puts in 480 hours per quarter regular time and can work an additional 120 hours overtime. Regular-time wages and benefits cost Booker $ 7,200 per employee per quarter for regular time worked up to 480 hours, with an overtime...
please show working the question is complete. 16 a) b)c)d) approxma 02, supplemented with overtime.) 16. MT makes small camping and snowmobile trailers. The demand for camping trailers occurs between January and June (mostly in April and May). MT makes camping trail- ers from January to June, shuts down in July and then makes snowmobile trailers from August to November. Suppose now is the end of December. For simplicity, we consider every two months as a period. The forecasts for...