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1 year ago

In the context of performance management, which term refers to a measure that obtains consistency of results over time?

Business

1 answer:

kherson [118]1 year ago

5 0

Test retest reliability

The performance management,term refers to a measure that obtains consistency of results over time.

It also carries the idea of performance appraisal through which more work can be achieved by rewarding the personnel who achieve their targets on time and show their results.

It helps optimize the performance to obtain consistency over the time with providing feedback and improvement in the performance. Psychometrics tests and evaluation test are used for improvement of employee performance. Several policies and procedures are also implemented for their welfare.

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A process plant making 5000 kg/day of a product selling for $1.75/kg has annual variable pro- duction costs of $2 million at 100

pantera1 [17]

Answer:

a. Breakeven point = Fixed cost / Contribution margin

Contribution margin = Selling price - Variable costs per unit

Variable cost per unit = 2,000,000 / (5,000 * 365 days)

= $1.10

Contribution margin = 1.75 - 1.10

= $0.65

Breakeven point = 700,000 / 0.65

= 1,076,923 kg

Fixed cost per kilogram at those units is:

= 700,000 / 1,076,923

= $0.65

_________________________________________________________

b. Net profit at original prices:

= (Contribution margin * units produced) - Fixed costs

= (0.65 * 5,000 * 365) - 700,000

= $486,250

Less taxes:

= 486,250 * (1 - 35%)

= $316,062.50

Net profit after price increase:

New selling price = 1.75 * 1.1

= $1.93

Net profit = ((Selling price - Variable cost) * units sold) - fixed cost

= ( (1.93 - 1.10) * 5,000 * 365) - 700,000

= $814,750

After tax:

= 814,750 * (1 - 35%)

= $529,587.50

Dollar increase:

= 529,587.50 - 316,062.50

= $213,525

5 0

3 years ago

Pollution and raw material shortages constitute immediate threats to some firms buy are often opportunities for other firms. The

castortr0y [4]

Answer:

Yes

Explanation:

Competitors will have to find out other options on recycling materials what opens opportunities for the recycling and and other green industry. like recycling Aluminium is cheaper than producing it from Bauxite, for example.
Shortage of raw material and pollution costs will change another macro environment factor as legal and political forces. What definitely changes the strategy for these companies. This can also be challenging since it may add other unplanned costs for each company.

7 0

3 years ago

Atlas Hardware buys power tools with a list price of $25,500. If the supplier offers trade discounts of 10/20/5, find the trade

ladessa [460]

Answer:

$8058

Explanation:

10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.

In the given case, single equivalent discount would be calculated as follows,

$25,500 × 10% = $2550

Then, ($25,500 - 2550) × 20%= $4590

Then, ($25,500 - 2550 - 4590) × 5% = $918

Single equivalent discount amount = $2550 + 4590 + 918 = $8058

4 0

3 years ago

Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 1

Hitman42 [59]

Answer:

124.38%

Explanation:

capacity utilization rate is the rate at which productive capacity or output is being utilized. It is denoted by the equation:

Capacity utilization = [actual output/ potential output] %

= (45,400/365) %

=124.38%

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3 years ago

Transactions and events during 2021 (summarized in thousands of dollars) follow:

Sholpan [36]

The anwser to this question is b. prepare the statement of the retained earnings

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2 years ago