Answer:
Gain sharing
Explanation:
Gain sharing pay plan is a system of management gives higher share of financial gain to employees that have higher performance.
The aim of this strategy is to seek improved performance through more involvement and participation of its people.
So in this scenario a person improves productivity by developing a new work process and receives a portion of the productivity savings as a monetary reward.
This is a gain sharing pay plan
According to these figures, Oak has more equivalent units of production for materials and fewer equivalent units of production for conversion costs than Maple.
Explanation:
The equivalent production unit is an indication of a manufacturer's work on the produced units, which are partially finished at the close of the accounting period. In addition the completely loaded units and the partially filled units are entirely fitted out.
The number of partially completed units x percentage of completion = equivalent units of production.
Oak : 58,000 x 65% = 37,700
Oak Equivalent units of production = 37,700
Maple: 61,200 x 60% = 36,600
Maple Equivalent units of production = 36,600
So, Oak has more equivalent units of production for materials and fewer equivalent units of production for conversion costs than Maple.
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months
<span>Typically, the final hiring decision in large organizations is made by the "department supervisor".
</span>
When we talk about the role or part of the department supervisor then it is an unpredictable one. He/She won't simply be somebody who manages work by others. A supervisor is likewise in charge of training, settling issues and filling in as a connection amongst subordinates and upper administration. The perfect candidate is one who will be a capable and ready to guide and prepare workers.