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m_a_m_a [10]
2 years ago
10

T 1: Human Resources Management​

Business
1 answer:
fgiga [73]2 years ago
4 0

Answer:

Human resources management is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantages. it is designed to maximize employees performance in service of an employer's strategic objective

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​Bradley's Copiers sells and repairs photocopy machines. The manager needs weekly forecasts of service calls so that he can sche
nadezda [96]

The question is incomplete. The complete question is :

​Bradley's Copiers sells and repairs photocopy machines. The manager needs weekly forecasts of service calls so that he can schedule service personnel. Use the actual demand in the first period for the forecast for the first week so error measurement begins in the second week. The manager uses exponential smoothing with α ​= 0.1 . Forecast the number of calls for week​ 6, which is next week. Week Actual Service Calls 1 2 3 4 5 The forecast for week 6 is ___ service calls. ​(Enter your response rounded to two decimal​ places.)

Solution :

It is given that :

The manager of Bradley's Copiers needs weekly forecast of the service calls so that the manager can schedule service personnel.

Using the \text{actual demand} for the 1st \text{period for the forecast} for the 1st week so as the error measurement begins in the second week.

The exponential soothing, α ​= 0.1

Week       Actual service calls     Forecast

1                    28                                 28

2                   34                             (28 + 0.1 x (28-28))  = 28

3.                  38                             (28 + 0.1 x (34-28))  = 28.60

4.                  27                             (28.60 + 0.1 x (38-28.60))  = 29.54

5.                  25                             (29.54 + 0.1 x (27-29.54))  = 29.29

6                                                    (29.29 + 0.1 x (25-29.29))  = 28.86

Therefore, the forecast for the week 6 = 28.86

5 0
2 years ago
A seasonal index for a monthly series is about to be calculated on the basis of three​ years' accumulation of data. The three pr
Vika [28.1K]

Answer:

A. 0.684

Explanation:

A seasonal index refers to an index that is used to compare the value for a particular period with the average value of all periods.

The purpose of using a seasonal index is to show the relationship between the two values, and the degree to which the two values are different.

The seasonal index can be calculated as the latest value for a period divided by the average of all periods.  Therefore, we have:

Seasonal index for July = Latest value for July / Average demand over all months = 130 / 190 =  0.684.

Therefore, he approximate seasonal index for​ July is 0.684.

5 0
2 years ago
A. Explain the role labor’s productivity plays in wage determination in the competitive labor market. If productivity increases,
Dima020 [189]

Answer:

(A)Wages decrease in the long term

Explanation:

(A) The principles of supply and demand applies here.

Higher worker productivity in a particular industry implies increased demand for workers in the industry (short term effect).

Increased supply of workers implies:

1. output per worker increases, resulting in increase in supply of products in the industry. But, the laws of supply and demand comes in, because when supply increases, prices decrease.

That is, the increase in worker productivity may cause a decrease in prices resulting in a decrease in wages since the firm's revenue declined (long term effect).

2. Increase in the supply of workers in the industry with increased in productivity over workers from other industry because of initial increase in wages. This would lead to a decrease in wages because the supply of workers would exceed demand.

(B) The compensation differential is the additional amount of money that a given worker must be offered in order to motivate him to accept a given undesirable job, relative to other jobs that the worker could perform.

(C) This is called a derived demand because it is often based on the demand for products.

For example, when consumers want more of a particular good or service eg clothing, more firms in the industry will want workers that make this product.

6 0
2 years ago
One reason buy a home instead of rent a home is
xxTIMURxx [149]
<span>By renting a home instead of purchasing one, you are paying someone else's mortgage every month and getting nothing in return. While you are gaining a home to live in for the short term, in the long term you will gain nothing. When you purchase a home you will have a home that you own and that you cannot be evicted from as long as you pay your mortgage.</span>
4 0
3 years ago
Rocky River Company is a pricetaker and uses target pricing. Refer to the following information:Production volume 602,000​ units
ladessa [460]

Answer:

$30.07

Explanation:

Rocky river company uses target pricing

The production volume is 602,000 units

The market price is $34 per unit

The total assets is $13,900,000

The desired operating income is 17% of the total assets

= 17/100 × 13,900,000

= 0.17×13,900,000

= 2,363,000

The first step is to calculate the sales value

= 602,000 ×34

= 20,468,000

The total cost can be calculated as follows

= Sales value-desired operating income

= 20,468,000-2,363,000

= 18,105,000

Therefore the target full product cost per unit can be calculated as follows

= Total cost/production volume

= 18,105,000/602,000

= $30.07

Hence the full target product cost per unit is $30.07

7 0
3 years ago
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