Business, 03.12.2019 21:31 operrt

At symond company, production workers in the painting department are paid on the basis of productivity. the labor time standard for a unit of production is established through periodic time studies conducted by douglas management consultants. in a time study, the actual time required to complete a specific task by a worker is observed. allowances are then made for preparation time, rest periods, and cleanup time. bill carson is one of several veterans in the painting department.

bill is informed by douglas that he will be used in the time study for the painting of a new product. the findings will be the basis for establishing the labor time standard for the next 6 months. during the test, bill deliberately slows his normal work pace in an effort to obtain a labor time standard that will be easy to meet. because it is a new product, the douglas representative who conducted the test is unaware that bill did not give the test his best effort.

instructions

(a) who was benefited and who was harmed by bill's actions?
(b) was bill ethical in the way he performed the time study test?
(c) what measure(s) might the company take to obtain valid data for setting the labor time standard?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:50, samchix727

You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?

Answers: 2

continue

Business, 22.06.2019 01:00, samymaria1344

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, itâ€™s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i donâ€™t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

Answers: 3

continue

Business, 22.06.2019 11:10, jordanbyrd33

Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.

Answers: 2

continue

Business, 22.06.2019 12:30, bcarri4073

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

Answers: 1

continue

You know the right answer?

At symond company, production workers in the painting department are paid on the basis of productivi...