Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Chesters turnover rate for this year is 6.3%. This rate is projected to remain the same next year and no
further downsizing will occur from automating. Chester plans to spend an additional $500 beyond the
extra amount above the $1000 recruiting base it spent this year. The goal of this additional investment is to
improve the quality of applicants. What would the total recruiting cost be for chester next year?
-$163,990
-$178,898
-$149,806
-193,806
HR/TQM Report
Needed Complement
Complement
1st Shift Complement
2nd Shift Complement
Overtime %
Turnover Rate
New Employees
Separated Employees
Recruiting Spend
Training Hours
Productivity Index
Recruiting Cost
Separation Cost
Training Cost
Total HR Admin Cost
Labor Contract Next Year
Wages
Benefits
Profit Sharing
Annual Raise
Starting Negotiation Position
Wages
Benefits
Profit Sharing
Annual Raise
Ceiling Negotiation Position
Wages
Benefits
COMP-XM
INQUIRER
HUMAN RESOURCES SUMMARY
Andrews
Baldwin
Chester
696
456
468
696
456
468
348
285
372
348
171
95
0.0%
6.9%
48
21
$5,000
80
80
107.3%
$288
$105
$1,114
$1,507
$28.15
2,500
2.0%
5.0%
0.0%
8.0%
37
64
$2,500
40
114.9%
$128
$319
$365
$812
Jessica Hake
$28.15
2,500
2.0%
5.0%
0.0%
6.4%
128
0
$5,000
80
123.4%
$765
SO
$748
$1,513
$28.15
2,500
2.0%
5.0%
Digby
546
546
403
143
0.0%
10.0%
100
0
so
0
0
100.0%
$100
SO
SO
$100
$28.15
2,500
2.0%
5.0%
Round: 2
December 31, 2017
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Transcribed Image Text:Chesters turnover rate for this year is 6.3%. This rate is projected to remain the same next year and no further downsizing will occur from automating. Chester plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for chester next year? -$163,990 -$178,898 -$149,806 -193,806 HR/TQM Report Needed Complement Complement 1st Shift Complement 2nd Shift Complement Overtime % Turnover Rate New Employees Separated Employees Recruiting Spend Training Hours Productivity Index Recruiting Cost Separation Cost Training Cost Total HR Admin Cost Labor Contract Next Year Wages Benefits Profit Sharing Annual Raise Starting Negotiation Position Wages Benefits Profit Sharing Annual Raise Ceiling Negotiation Position Wages Benefits COMP-XM INQUIRER HUMAN RESOURCES SUMMARY Andrews Baldwin Chester 696 456 468 696 456 468 348 285 372 348 171 95 0.0% 6.9% 48 21 $5,000 80 80 107.3% $288 $105 $1,114 $1,507 $28.15 2,500 2.0% 5.0% 0.0% 8.0% 37 64 $2,500 40 114.9% $128 $319 $365 $812 Jessica Hake $28.15 2,500 2.0% 5.0% 0.0% 6.4% 128 0 $5,000 80 123.4% $765 SO $748 $1,513 $28.15 2,500 2.0% 5.0% Digby 546 546 403 143 0.0% 10.0% 100 0 so 0 0 100.0% $100 SO SO $100 $28.15 2,500 2.0% 5.0% Round: 2 December 31, 2017
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