•• 1.12 Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 25% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only thing to be changed. If the bakery makes 1,500 loaves per month with a labor productivity of 2.344 loaves per labor-hour, how many workers will Lackey need to add? (Hint: Each worker works 160 hours per month.)
•• 1.12 Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 25% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only thing to be changed. If the bakery makes 1,500 loaves per month with a labor productivity of 2.344 loaves per labor-hour, how many workers will Lackey need to add? (Hint: Each worker works 160 hours per month.)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The process of discovering and employing the finest and most competent individual for a work opportunity fairly and cost-effectively is referred to as recruitment in human resource management. It is also known as the act of locating potential individuals and motivating and pushing them to compete for positions within a firm. It is a complete process with a complete life cycle that originates with the assessment of the organizational requirements in relation to the position and continues with the employee's engagement with the organization.
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Recruitment is the most important part of Human Resource Management (HRM) which is done by HR (Human Resources) of a company, firm, or industry. To understand the policy, HR needs to understand and analyze the requirement of a profile who can fit into the position as per the company’s objectives and goals. Recruitment involves shortlisting, hiring, and analyzing candidates' skills along with experience and qualifications and comparing them with the organization's requirements or job profile. The objective of the recruitment process is to find the right candidate for the right job.
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Transcribed Image Text:•.• 1.12
Charles Lackey operates a bakery in Idaho Falls,
Idaho. Because of its excellent product and excellent location,
demand has increased by 25% in the last year. On far too many
occasions, customers have not been able to purchase the bread of
their choice. Because of the size of the store, no new ovens can be
added. At a staff meeting, one employee suggested ways to load
the ovens differently so that more loaves of bread can be baked at
one time. This new process will require that the ovens be loaded
by hand, requiring additional manpower. This is the only thing
to be changed. If the bakery makes 1,500 loaves per month with
a labor productivity of 2.344 loaves per labor-hour, how many
workers will Lackey need to add? (Hint: Each worker works
160 hours per month.)
Refer to Problem 1.12. The pay will be $8 per hour
for employees. Charles Lackey can also improve the yield
by purchasing a new blender. The new blender will mean an
increase in his investment. This added investment has a cost
••1.13
of $100 per month, but he will achieve the same output (an
increase to 1,875) as the change in labor-hours. Which is the
better decision?
a) Show the productivity change, in loaves per dollar, with an
increase in labor cost (from 640 to 800 hours).
b) Show the new productivity, in loaves per dollar, with only an
increase in investment ($100 per month more).
c) Show the percent productivity change for labor and
investment.
••• 1.14
Refer to Problems 1.12 and 1.13. If Charles Lackey's
utility costs remain constant at $500 per month, labor at $8 per
hour, and cost of ingredients at $0.35 per loaf, but Charles does
not purchase the blender suggested in Problem 1.13, what will the
productivity of the bakery be? What will be the percent increase
or decrease?
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