Answer:
a. extrinsic
Explanation:
-Extrinsic reward is a visible incentive that an employee receives for accomplishing something like a bonus.
-Psychological reward is an incentive someone receives for a good behavior.
-Intangible reward is a benefit an employee receives that doesn't have money value like a praise.
-Assigned rewards refers to the benefits that are allocated for an employee or position.
-Intrinsic reward are benefits that come from the employee like receiving the opportunity to do a task that is different from his/her daily activities that can make him/her feel valuable for the company.
According to this, the answer is extrinsic reward.
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Answer:
d. 130
Explanation:
Using the given date to calculate Reorder Point:
Reorder Point = (Average demand*Lead time) + Safety stock
Reorder Point = (20*4) + 50
Reorder Point = 80 + 50
Reorder Point = 130
Thus, the ROP is <u>130</u>.
Answer:
- Net Present value = -$11,001
- Downtime reduction should be worth $11,001
Explanation:
Net Present value = Present value of cash inflows - Cost of machine
As the annual cash flows are constant, they will be treated as annuities:
Present value of cash flows = 30,000 * Present value interest factor of annuity, 8 years, 8%
= 30,000 * 5.7466
= $172,398
Net present value = 172,398 - 183,399
= -$11,001
<em>Reduction in downtime should be worth at least $11,001 so that it would enable the project to breakeven at least. </em>
Friction plus structural unemployment. When the economy is at full employment, cyclical unemployment is equal to 0.