Assignments 14.4(section 14-13)Consider the data from Assignment_14-2. The human resources department requiresthat non-dimensional scaling be applied to make your decision. For the attributes*Project Management Skills' and 'Leadership Skills', use a score of 0 for No and 1for Yes. For General Attitude, use a rating of 0 for Poor, 1 for Good, and 2 forExcellent. Who should be selected?Job Attribute1.Total years of experience2.Project management skills3.Leadership skills4.Previous managementexperience (years)5.General attitudeHint:Job Attributeexperience (years)5. General attitudeTotal ScoreAnswer:A10YesNo21. Total years experience102. Project management skills 13. Leadership skills04. Previous management2Show Transcribed TextA0B8YesYes1Poor Excellent Good ExcellentAssignments 14.5Solve assignment 14.4 by spreadsheet.Answer:CandidateC6NoYes0BCandidateC86 1210111I1 02D2 1 2D12YesYes2WorstMinimumAcceptablePerformance7YesYes1GoodBest-Worst

The objective of the question is to determine the best candidate for a job based on several…

Answered: Assignments 14.4(section 14-13)…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Refer to the table below. Diminishing marginal productivity begins when the: A). third worker is hired. B). fourth worker is hired. C). fifth worker is hired. D). sixth worker is hired.
Listed below are some of the common roles and duties of industrial engineer. Differentiate each of the listed roles or duties by providing detail explanations how they can be achieved. Use appropriate examples to support your explanations.  Manage labor cost Manage personnel productivity Manage inventory levels Eliminate wastefulness in production process Evaluate employees’ tasks and responsibilities
`Question: Feng is the owner of a small business. When Feng has worked hard (an) during the year, net income before manager compensation has been $1,600 for 60 percent of the time and $400 for 40 percent of the time. More recently, Feng has been ill and has had to shirk (az). Net income has been $1,600 only 30 percent of the time and $400 for 70 percent of the time. Feng realizes that he must hire a manager for one year while he devotes full time to his recovery. Feng is risk-neutral, with utility equal to the amount of net income for the year after manager compensation. Feng is negotiating with Shui for the manager job. He ascertains that Shui is risk-averse, with utility equal to the square root of the dollar compensation received. Shui is willing to work for Feng providing she receives expected utility of at least 6. Shui advises Feng that she is effort-averse, with disutility of effort of 3 if she works hard, and 2 if she does not work hard. Required a. Feng suggests a salary of…
4
1. What is the fixed input use in this production? 2. What is the variable input use in this production?. 3. When MP is 0, TP is at point of production at level Q of Labor. 4. State the Law of Diminishing Return. Based on the computed MPL, at what input level does the law starts to operate? 5. The Law of Diminishing Returns occurs at worker.
Baghiben
Units of Total Average Marginal Product Product Product Labor 1 100 2 125 3 300 4 20 5 290 In the table above, diminishing returns Multiple Choice O begin with the first unit of labor. begin with the third unit of labor. O begin with the fourth unit of labor. begin with the fifth unit of labor. do not occur because output is positive for all levels of labor usage. O
Answer only 7 and 5
Alexandro, a French national is working as a Manager in an international company in the United States. Alexandro supervises about twenty two product engineers and five technicians in an automobile manufacturing unit. The technicians and engineers report to Alexandro every Tuesday of the week to update of their work and Alexandro finds this very taxing and cumbersome (stressful). In fact, Alexandro proposed to introduce a paper-report system where all the employees he supervises can write and submit paper-based reports. But, the management rejected his idea citing more bureaucracy to which Alexandro told his immediate boss, "This is how we do it in France. It is the right way and perhaps this should be implemented here too." You understand that Alexandro has adopted: A. Stereotyping B. Ethnocentrism C. Cultural pluralism D. None of the above

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