a) Employ the skill circle model and calculate skill range, skill gap, and total labor cost per
Fantastic news! We've Found the answer you've been seeking!
Question:
a) Employ the skill circle model and calculate skill range, skill gap, and total labor cost per worker when there are 120 workers and unit training cost is $864/h and the wage equals $60/h.
b) Now assume the firm moves to a smaller location and the number of worker is only half of what is was at the first location. Will labor cost be half as well? Calculate!
Related Book For
Business Law and the Legal Environment
ISBN: 978-1285860381
7th edition
Authors: Susan S. Samuelson, Jeffrey F. Beatty
Posted Date: