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John is a university student with 10 hours available per day and wants to distribute it between work and leisure activities. He estimates that leisure generates twice as much satisfaction as working, but he also considers that he should study at least as much as leisure. Finally, he established that he could not afford leisure for more than four hours a day to fulfill his university obligations. How should John distribute his time to maximize his satisfaction and perform his duties? **please show all the steps
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- Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Researching legal issues Meeting with clients Preparing documents Total Cost Total Activity $ 20,780 $ 1,174,173 $ 92,140 660 research hours 7,293 meeting hours 5,760 documents The activity rate for the "meeting with clients" activity cost pool is closest to: Multiple Choice $90 per meeting hour $71 per meeting hour $161 per meeting hour $1,174,173 per meeting hourEsther, one of the junior female staff members of an organization returned back and joined after taking special leaves to take care of her mother who is ill, dependent and needs special care. She has to work full time for financial reasons. She has been facing difficulties in managing her mother’s home care arrangement. Due to this she usually misses team meetings which usually take place early every day. With late comings, she has to leave work place early. She is hard working and competent in her work but her absences cause pressure and over workload on her colleagues. You are the manager and you are aware of the practice causing different disturbances around. A few male colleagues have started making comments such as “a woman’s place is in the home”, and is disappointing and discouraging her at every opportunity, putting her under greater stress. Question: 1. How would you handle the situation to protect Esther without discrediting yourself, your profession or the…Exercise 1 Your Customers Are Using My Parking Lot! You own a hardware store that is located in a strip mall. Three months ago an Italian restaurant opened next door. Parking is limited and each respective business in the strip mall has a designated number of parking spaces in front. This is generally not a problem because your store has more customers during the day, while the restaurant is busier at night. The problem is on Friday and Saturday nights when your store is open later and the restaurant is busier. You are concerned because business at the restaurant has been increasing as the restaurant becomes more well known. Instructions: Implications of Negotiation
- Bill has worked at a manufacturing plant as a Maintenance Technician for the past 30 years, he started when he was 28. When he began, Bill worked the 3rd shift, which was the least desirable of all the shifts (for him personally). It took him nearly 5 years to move to a 1st shift job and he has worked that shift ever since and has no desire to work a different shift. Because of his tenure and performance, Bill tends to work autonomously with little direction from his supervisor. Bill has had the same supervisor for the past 10 years, however his supervisor recently retired. The company replaced him with John, an “outside hire” who just graduated from college. John has a very different management style than his former supervisor and in Bill’s opinion, “micro-manages” him. Since John started, Bill noticed that some of his more technical/advanced job duties were being reassigned to other, less-experienced maintenance technicians. Bill is concerned about this because the work that he is…Drew Castello, general manager of Sunflower Manufacturing, was frustrated. He wanted the budgeted results, and his staff was not getting them to him fast enough. Drew decided to pay a visit to the accounting office, where Jeff Hollingsworth was supposed to be working on the reports. Jeff had recently been hired to update the accounting system and speed up the reporting process. "What's taking so long?" Drew asked. "When am I going to get the variance reports?" Jeff sighed and attempted to explain the problem. "Some of the variances appear to be way off. We either have a serious problem in production, or there is an error in the spreadsheet. I want to recheck the spreadsheet before I distribute the report." Drew pulled up a chair, and the two men went through the spreadsheet together. The formulas in the spreadsheet were correct and showed a large unfavorable direct labor efficiency variance. It was time for Drew and Jeff to do some investigating. After looking at the time records, Jeff…Help ! Choice Bank receives credit card applications that need to be reviewed for a decision. There are two types of applications; preapproved, and non-preapproved. Preapproved applications only need a quick review and therefore take 6 minutes to process. Applications that are not preapproved need a secondary credit check and take 15 minutes to process. The bank receives 10 preapproved applications every hour and 6 applications that are not preapproved every hour. What is the utilization of the process? Group of answer choices 50 % 62.5 % 68.75 % 75 % 100 %
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- Consider a law firm with 15 lawyers and 3 paralegals. The firm is struggling to keep up with the high demand for its services, particularly during the busy litigation seasons. It has been observed that the lawyers spend a significant amount of their time on administrative tasks that could potentially be handled by paralegals. After a careful study of the work distribution within the firm, it was determined that 35% of the activities carried out by the lawyers are administrative in nature. Given that each lawyer works 50 hours a week, please determine: (a) How many additional paralegals should the firm hire to handle the administrative tasks currently performed by the lawyers? (b) If the lawyers' time spent on administrative tasks is redirected to billable legal work, by what percentage could the firm potentially increase its billable hours?Give important management practices to achieve optimum hen-day production in layers. Explain brieflyComplete the following statement. A researcher states that an individual's hours of sleep on Sunday night as her commute increases. The more a person sleeps on Sunday, the she commutes.