Answer: Merit based plan
Explanation: In a merit based plan, the employer raises the pay of his or her employees on the basis a set criteria. Under this plan, employer takes into consideration the performance of employees in a specified period and take appropriate decision accordingly regarding pay raise.
In the given case, Daichi is providing their employees raise on the basis of their performances.
Hence we can conclude that Daichi is using merit based plan.
Answer:
B.The amount you spend on variable expenses changes from month to month.
Explanation:
Variable expense is that which changes in proportion to increase or decrease in production, sales or any relevant activity. You pick the hint from the word "variable" which means 'changing' and from understanding this, you eliminate the choices that say otherwise.
Answer:
There are 6 customers in the barber shop on an average.
Explanation:
As per the Little's law, the average number of costumers or individuals in a system (L) can be calculated by multiplying the average arrival rate (λ) and the average time each customer spends in the system (W).
The algebraic expression, is as follows:
L = λW
Here,
L=inventory or average number of customers in the system.
λ=arrival rate = 10
W=flow time average customer spends in the system = 0.6
L = 0.6 * 10 = 6
Thus, there are 6 customers in the barber shop on an average.
Answer:
Andrew should set a short-term goal since a short-term goal is a goal that needs to be achieved in less than a year and he needs to save $500 in three months.
Answer:
The early finish time for activity T is 29
Explanation:
Activity time for T is 7
Assuming the early start time is 22,
Early finish time = 22 + 7 = 29