'A.S. Ltd.' is a large company engaged in assembly of air-conditioners. Recently the company had conducted...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
'A.S. Ltd.' is a large company engaged in assembly of air-conditioners. Recently the company had conducted the 'Time' and 'Motion' study and concluded that on an average a worker can assemble ten air-conditioners in a day. The target volume of the company in a day is assembling of 1,000 units of air-conditioners. The company is providing attractive allowances to reduce labor turnover and absenteeism. All the workers are happy. Even then the assembly of air-conditioners per day is 800 units only. To find out the reason the company compared actual performance of each worker and observed through C.C.T.V. that some of the workers were busy in gossiping. (a) Identify the function of management discussed above. (b) State those steps in the process of the function identified which are discussed in the above paragraph. 'A.S. Ltd.' is a large company engaged in assembly of air-conditioners. Recently the company had conducted the 'Time' and 'Motion' study and concluded that on an average a worker can assemble ten air-conditioners in a day. The target volume of the company in a day is assembling of 1,000 units of air-conditioners. The company is providing attractive allowances to reduce labor turnover and absenteeism. All the workers are happy. Even then the assembly of air-conditioners per day is 800 units only. To find out the reason the company compared actual performance of each worker and observed through C.C.T.V. that some of the workers were busy in gossiping. (a) Identify the function of management discussed above. (b) State those steps in the process of the function identified which are discussed in the above paragraph.
Expert Answer:
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
Posted Date:
Students also viewed these finance questions
-
You are considering an investment in a Christmas tree farm over two years. The farm already has trees planted a year ago, and these trees grow each year by the following factors. The price of the...
-
You are considering an investment in a mutual fund with a 5.5 percent front-end load. Assuming the fund return is 11 percent per year, what is your return in 1 year? 2 years? 5 years? 10 years? 20...
-
You are considering an investment of $360,000 in either Project A or Project B for Lion Studios Inc. In discussing the two projects with an advisor, you decided that, for the risk involved, a return...
-
a. An autoregressive model is given by: Yt = 20.58 + 0.046 yt-1 + 0.01Yt-2 where Y, = sales of a product. Explain the meaning of the terms in this autoregressive model. b. Write the expressions for...
-
Identify the three categories of client objectives that the auditor should understand. Indicate how each objective may affect the auditors assessment of inherent risk and evidence accumulation.
-
Calculate the sample correlation between all the pairs of covariates and comment on whether or not multicollinearity could be a source of the apparent paradox between the statistical significance of...
-
What are the main components of capital budgeting? What are the three main types of cash flows?
-
Koch Chemical Company makes a variety of cosmetic products, one of which is a skin cream designed to reduce the signs of aging. Koch produces a relatively small amount (15,000 units) of the cream and...
-
Foreign direct investment (FDI) and export growth From the diagram below. Describe and explain giving reference to literature. Is FDI Conrtibuting to export growth. state reasons for the suggestion...
-
The file P02_07.xlsx includes data on 204 employees at the (fictional) company Beta Technologies. For this problem, consider this data set as the population frame. a. Using the method in this section...
-
Given =0.05 , x1=109 , x2=78, n1=475 , n2=325 with p1 < p2 , then a). State the null and alternative hypothesis and which tail b). Find the test statistics, z0 c). Test the hypothesis and make the...
-
True Or False Government functions are subject to local government immunity, but proprietary functions are not.
-
True Or False Some states allow suit against charitable organizations when liability insurance is available.
-
An expert witness in a malpractice case must a. be familiar with the techniques and procedures used in the case. b. use the same techniques and procedures as those used in the case. c. be familiar...
-
Under the doctrine of contributory negligence, a. worthy plaintiffs are protected. b. the question of negligence is left up to the judge. c. the rationale is that negligent plaintiffs should be...
-
True Or False All cases of professional negligence are also malpractice.
-
T g Y A 8 meter radius amusement park ride starts to speed up from rest in the horizontal plane with a 100 kg rider. Left image in the figure for parts a,b. a) Draw a FBD for the person that remains...
-
a. What is meant by the term tax haven? b. What are the desired characteristics for a country if it expects to be used as a tax haven? c. What are the advantages leading an MNE to use a tax haven...
-
Crosby Co. has 7.5 percent coupon bonds with a YTM of 6.84 percent. The current yield on these bonds is 7.13 percent. How many years do these bonds have left until they mature?
-
What happens to the stock price when the stock pays a dividend? What impact does a dividend have on the prices of call and put options?
-
A stock has a price of $78 and an annual return volatility of 55 percent. The risk-free rate is 3.8 percent. Using a computer spreadsheet program, calculate the call and put option prices with a...
-
The standard enthalpy change of combustion of acetylene is \(-1300.48 \mathrm{~kJ}\) at \(298 \mathrm{~K}\) with \(\mathrm{H}_{2} \mathrm{O}\) in the liquid state. Calculate the standard enthalpy of...
-
Which instrument is used to determine the heat of combustion of a fuel?
-
A piston-cylinder device contains \(1.2 \mathrm{~kg}\) of saturated water vapour at \(180^{\circ} \mathrm{C}\). Heat is transferred to steam. As a result, steam expands reversibly to a final pressure...
Study smarter with the SolutionInn App