Answer:
$20.833
Explanation:
Given that,
Number of order operators = 30
Cost associated with these order = $1,000,000 per year
Each operator worked = 2,000 hours per year
Productive work provided by each operator = 1,600 per year
Cost for each order = Total Cost associated ÷ Number of order operators
= $1,000,000 ÷ 30
= $33,333.3333
Rate per hour for each order entry employee:
= Cost for each order ÷ Productive work provided by each operator
= $33,333.3333 ÷ 1,600
= $20.833
Answer:
The frictional unemployment rate is <u>3.1</u> percent and the actual unemployment rate (in this economy) is <u>7.3</u> percent.
Explanation:
natural unemployment rate = frictional unemployment + structural unemployment
frictional unemployment = natural unemployment - structural unemployment = 5.3% - 2.2% = 3.1%
actual unemployment rate = natural unemployment + cyclical unemployment rate = 5.3% + 2% = 7.3%
Frictional unemployment is voluntary and happens when someone quits his/her job in order to look for a better job. Structural unemployment happens when the skills of the workers do not match the requirements of the hiring companies. Cyclical unemployment takes place when the economy is in recession.
Answer:
Material and controllable
Explanation:
Management by exception is a business practice where only only significant difference between actual and normal is identified and treated accordingly.
It’s B :) because it ensures what fits best to the company about employees idk if that make sense.
