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Andre45 [30]
3 years ago
8

Buffalo BBQ Restaurant is trying to become more efficient in training its chefs. It is experimenting with two training programs

aimed at this objective. Both programs have basic and advanced training modules. The restaurant has provided the following data regarding the two programs after two weeks of implementation:
Training Program A Training Program B
New chef # 1 2 3 4 5 6 7 8 9 10
Hours of basic training 22 24 28 21 23 25 24 29 31 28
Hours of advanced training 8 7 8 10 11 4 3 0 1 2
Number of chef mistakes 12 13 15 14 14 7 6 8 5 6
a. Compute the following performance metrics for each program:
(1) Average hours of employee training per chef, rounded to one decimal place.
(2) Average number of mistakes per chef, rounded to one decimal place.
b. Which program should the restaurant implement moving forward?
Business
1 answer:
Novay_Z [31]3 years ago
3 0

Answer: See explanation

Explanation:

(1) Average hours of employee training per chef.

Program A:

Hours of basic training = 22 + 24 + 28 + 21 + 23 = 118

Hours of advanced training = 8 + 7 + 8 + 10 + 11 = 44

Total hours of training = 118 + 44 = 162

Number of chefs in A = 5

Average hours of employee training per chef in A = 162/5 = 32.4

Average hours of employee training per chef for Program B

Hours of basic training = 25 + 24 + 29 + 31 + 28 = 137

Hours of advanced training = 4 + 3 + 0 + 1 + 2 = 10

Total hours of training = 137 + 10 = 147

Number of chefs in B = 5

Average hours of employee training per chef in B = 147/5 = 29.4

(2) Average number of mistakes per chef for Program A:

Number of chefs mistake = 12 + 13 + 15 + 14 + 14 = 68

Number of chefs = 5

Average number of mistakes per chef for Program A: = 68/5 = 13.6

Average number of mistakes per chef for Program B

Number of chefs mistake = 7 + 6 + 8 + 5 + 6 = 32

Number of chefs = 5

Average number of mistakes per chef for Program B: = 32/5 = 6.4

b. Which program should the restaurant implement moving forward?

The restaurant should Implement program B because less training is required and less mistakes are made.

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11111nata11111 [884]

Answer:

D. Less; Less

Explanation:

Given that

CPI in 2005 = 1.68

Wage in 1972 = 7200

Wage in 2005 = 30,000

CPI in 1971 = 0.418

Therefore,

Real wage in 1972 = wage in 1972/CPI in 1972

= 7200/0.418

= $17,224.88

Real wage in 2005 = wage in 2005/CPI in 2005

= 30000/1.68

=$17,857.14

Thus, from the given data 1972 job paid LESS in nominal terms (7200 < 30000) and LESS in real terms (17,244.88 < 17,857.14) than the 2005 job.

6 0
3 years ago
Why might workers dislike a lean production environment?
Marianna [84]

Answer:

Workers do not like to work in a lean production environment because there are fewer opportunities for an employee to advancement within the company. Pursuant to a leaner production line, more workers become stress due to higher levels of responsibility.

Explanation:

3 0
3 years ago
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John wishes to set up an account for his grandfather so that he can have some extra money each month. John wants his grandfather
jeka94

Answer:

John must invest $3719.4

Explanation:

It is given that John grandfather withdraws $120 per month for 3 year

So total month = 12 ×3 =36 months

Total amount withdrawn S = 36×120 = 4320

m = 12 times per year

Rate of interest i = 5 % = 0.05

We know that S=P(1+\frac{i}{m})^{mt}

4320=P(1+\frac{0.05}{12})^{36}

4320=P\times 1.1614

P = $3719.41

So john must invest $3719.4

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3 years ago
Classify each of the following costs as a direct cost or an indirect​ cost, assuming that the cost object is the Juniors Departm
Damm [24]

Answer:

  • deprecation of the building:  INDIRECT COSTS
  • costs of costume jewelry on the mannequins in the juniors department : DIRECT COSTS
  • cost of bags used to package customer purchases at the main registers for the store : INDIRECT COSTS
  • the median kohl's store manager salary:  INDIRECT COSTS
  • cost of the security staff at the medina store : INDIRECT COSTS
  • manager of juniors department:  DIRECT COSTS
  • junior department sales clerks : DIRECT COSTS
  • cost of juniors clothing:  DIRECT COSTS
  • cost of hangers used to display the clothing in the store : INDIRECT COSTS
  • electricity used for the building : INDIRECT COSTS
  • costs of radio advertising for the store:  INDIRECT COSTS
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Explanation:

Indirect costs cannot be directly traced to a cost object, while direct costs can be directly traced. Usually direct costs tend to vary depending on total output, while indirect costs tend to be fixed.

3 0
4 years ago
You take out a loan for $4000 at an annual interest rate of 5% (compounded annually). You must pay back the loan in 3 annual ins
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Answer: = $2,731.14

Explanation:

First find the annual payment.

The payment will be constant so is an annuity.

Present Value of an Annuity = Payment * Present Value Interest Factor of an annuity

4,000 = Payment * PVIFA( 3 periods, 5%)

4,000 = Payment * 2.7232

Payment = 4,000 / 2.7232

Payment = $1,468.86

This annual Payment is divided into an interest component and a component going towards principal repayment.

Interest component =  5% * 4,000

= $200

Amount going to principal = 1,468.86 - 200

= $1,268.86

Amount of Principal Outstanding = 4,000 - 1,268.86

= $2,731.14

3 0
3 years ago
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