If current wages are set at $10/hour, what would be the minimum starting pay that your company would offer? a. $6/hour b. $8/hour c. $10/hour d. $12/hour e. none of the above

If current wages are set at $10/hour, what would be the minimum starting pay that your  company would offer?
a. $6/hour
b. $8/hour
c. $10/hour
d. $12/hour
e. none of the above
by

1 Answer

Answer :

b. $8/hour
by

Related questions

.As a manager you need to change the automation level of your segment from 2 to 5. The line has a capacity of $2 million. How much would it cost? a. $12 million b. $24 million c. $10 million d. $6 million e. none of the above

Description : .As a manager you need to change the automation level of your segment from 2 to 5. The line has a capacity of $2 million. How much would it cost? a. $12 million b. $24 million c. $10 million d. $6 million e. none of the above

Last Answer : b. $24 million

If you increase automation from 2.0 to 5.0, the cost is: a. $12 per unit of capacity. b. $15 per unit of capacity. c. $9 per unit of capacity. d. $6 per unit of capacity. e. Cannot determine with this information.

Description : If you increase automation from 2.0 to 5.0, the cost is: a. $12 per unit of capacity. b. $15 per unit of capacity. c. $9 per unit of capacity. d. $6 per unit of capacity. e. Cannot determine with this information.

Last Answer : a. $12 per unit of capacity.

.If a product’s Price was $20, its Material $8, and its Labor $7, the Margin Per Unit would be: a. $12. b. $13. c. $1. d. $5.

Description : .If a product’s Price was $20, its Material $8, and its Labor $7, the Margin Per Unit would be: a. $12. b. $13. c. $1. d. $5.

Last Answer : d. $5.

If the price/product is $10 and the material cost/product is $2 and the labor cost/product is $3, what is the gross margin/product? a. $6 b. $2 c. $4 d. $3 e. none of the above

Description : If the price/product is $10 and the material cost/product is $2 and the labor cost/product is $3, what is the gross margin/product? a. $6 b. $2 c. $4 d. $3 e. none of the above

Last Answer : e. none of the above

What is the right formula for capacity investment? a. Investment = Capacity x ($4 x Automation) b. Investment = Capacity x [$10 + ($4 x Automation)] c. Investment = Capacity x [$4 + ($6 x Automation)] d. Investment = Capacity x [$6 + ($4 x Automation)] e. Investment = Capacity x Automation

Description : What is the right formula for capacity investment? a. Investment = Capacity x ($4 x Automation) b. Investment = Capacity x [$10 + ($4 x Automation)] c. Investment = Capacity x [$4 + ($6 x Automation)] d. Investment = Capacity x [$6 + ($4 x Automation)] e. Investment = Capacity x Automation

Last Answer : d. Investment = Capacity x [$6 + ($4 x Automation)]

What is the total cost in dollars for adding 1.0 million units of capacity to a production line with an automation level of 1.0 and floor space costs per unit of $6? Assume automation costs per unit of $4. a. $26 million b. $10 million c. $2.6 million d. $1 million e. none of the above

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Last Answer : b. $10 million

The company’s negotiation starting position for wages a. is never more than 150% of the current contract. b. is always lower than what Labor expects. c. is always exactly 80% of the current contract. d. is always half of the increase workers are asking for. e. none of these.

Description : The company’s negotiation starting position for wages a. is never more than 150% of the current contract. b. is always lower than what Labor expects. c. is always exactly 80% of the current contract. d. is always half of the increase workers are asking for. e. none of these.

Last Answer : a. is never more than 150% of the current contract.

To run perfectly, all HR department managers should know that a. the negotiation starting point should not exceed 80%. b. the starting point for benefits or wages should be between 0-150% of the current contract. c. all strike settlements should be halfway between the demand and the negotiation ceiling. d. all of the above is correct. e. none of the above are true.

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Last Answer : c. all strike settlements should be halfway between the demand and the negotiation ceiling.

For Wages, the negotiation Starting Position cannot be less than ____% or more than ____% of the current contract. a. 75; 125 b. 75; 150 c. 80; 125 d. 80; 150

Description : For Wages, the negotiation Starting Position cannot be less than ____% or more than ____% of the current contract. a. 75; 125 b. 75; 150 c. 80; 125 d. 80; 150

Last Answer : d. 80; 150

Adding one additional unit of capacity costs a. $4 x Change (difference) in Automation Level b. $6 + ($4 x Current Automation Level). c. $6 x Change (difference) in Automation Level. d. $4 + ($6 x Current Automation Level). e. none of these.

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Last Answer : b. $6 + ($4 x Current Automation Level).

For each point of change in automation, your company is charged ______ per unit of capacity. a. $6.00 c. $4.00 b. $5.00 d. $7.00

Description : For each point of change in automation, your company is charged ______ per unit of capacity. a. $6.00 c. $4.00 b. $5.00 d. $7.00

Last Answer : c. $4.00

Workers will not strike approximately 7 days for a. $1 difference in wages. b. $300 difference in benefit package. c. percentage point difference in Profit Sharing. d. 1 hour difference in training. e. percentage point difference in Annual Raise.

Description : Workers will not strike approximately 7 days for a. $1 difference in wages. b. $300 difference in benefit package. c. percentage point difference in Profit Sharing. d. 1 hour difference in training. e. percentage point difference in Annual Raise.

Last Answer : d. 1 hour difference in training.

The cost to increase automation to 8.0 is equal to a. First Shift Capacity X [$8 X (4 – Automation Level). b. First Shift Capacity X [$8 X (4 + Automation Level). c. First Shift Capacity X [$4 X (8 – Automation Level). d. First Shift Capacity X [$4 X (8 + Automation Level). e. First Shift Capacity X [$4 X (4 – Automation Level)

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Last Answer : c. First Shift Capacity X [$4 X (8 – Automation Level).

A new unit of capacity costs $6 for the floor space plus $4 times a. hourly wage. b. automation rating. c. unit cost. d. MTBF. e. $0.65.

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Last Answer : b. automation rating.

Seiko takes pottery classes from two different studios. Paulas pottery charges $18 for clay and charges $10 per hour. Sallys ceramics charges $4 for clay and charges $12 per hour. After how many hours will the studios cost the same?

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Last Answer : .

.If your current capacity is 10,000 units and your automation level is 5.0, what is the difference of the investment between doubling your capacity and doubling your automation level? a. $60,000 b. $20,000 c. $10,000 d. $520,000 e. $260,000

Description : .If your current capacity is 10,000 units and your automation level is 5.0, what is the difference of the investment between doubling your capacity and doubling your automation level? a. $60,000 b. $20,000 c. $10,000 d. $520,000 e. $260,000

Last Answer : a. $60,000

what- Brandon’s Ink Store is selling black printer ink for $5 a cartridge and color ink for $8 a cartridge. Shelly’s Discount Ink sells the same cartridges for $6 and $7 respectively?

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Last Answer : On a given weekday, each store sold $1,680 worth of ink. The profits for that day can be modeled by the equations below.5b + 8c = 1,6806b + 7c = 1,680Are the lines parallel? Answer yes or no.

what- Movie Theatre A sells adultmovie tickets for $8 and children’s tickets for $6. Movie Theatre B sells its tickets for the same price. In one night, Movie Theater A sold $704 worth of tickets, and Movie Theatre B sold $700 worth of tickets?

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Companies can enter a Recruiting Spend budget up to an additional ____. a. $5,000 b. $7,500 c. $10,000 d. $20,000 e. $50,000

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Last Answer : a. $5,000

.If you are currently producing 100,000 units and your automation level is 10, how much will it cost you to double your capacity? a. $1,000,000 b. $4,600,000 c. $100,000 d. $10,000 e. none of the above

Description : .If you are currently producing 100,000 units and your automation level is 10, how much will it cost you to double your capacity? a. $1,000,000 b. $4,600,000 c. $100,000 d. $10,000 e. none of the above

Last Answer : b. $4,600,000

Negotiation Ceilings which represent the maximum management is willing to pay are always a. 12% above the starting positions. b. 5% above the starting positions. c. 10% above the starting positions. d. unlimited. e. none of the above.

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Last Answer : c. 10% above the starting positions.

How much higher are second shift wages than the first shift wages? a. 0 % b. 20 % c. 40 % d. 50 % e. 60 %

Description : How much higher are second shift wages than the first shift wages? a. 0 % b. 20 % c. 40 % d. 50 % e. 60 %

Last Answer : d. 50 %

All of the following are direct implications of hiring a second shift except: a. increased production capacity. b. paying higher wages to second shift. c. training costs. d. increased MTBF. e. recruitment costs.

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Last Answer : d. increased MTBF.

Which of the following will give your company an AAA bond rating: a. Have contribution margins higher than 30%. b. Have absolutely no debt. c. Retire all of the current outstand stock. d. Pay a dividend that is less than EPS. e. Retire bonds before they are due.

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Last Answer : b. Have absolutely no debt.

What's a better deal? the $50 phone from Best Buy with $10 a month warranty or $150 phone from Verizon with $6 a month warranty and $50 deductible?

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Last Answer : answer:Well, strictly from a financial perspective, she's going to basically break even on the cost of the phone + warranty over a two year period, whether she gets the phone at Best Buy or ... phone. If your friend was happy with the phone before, she shouldn't stress over the warranty issue.

In the current contract, the workers’ wage rate is $20.00. Which of the following negotiation positions would be outside the starting and ceiling amounts? a. $16.00 to $25.00 b. $18.00 to $30.00 c. $18.00 to $35.00 d. $16.00 to $20.00

Description : In the current contract, the workers’ wage rate is $20.00. Which of the following negotiation positions would be outside the starting and ceiling amounts? a. $16.00 to $25.00 b. $18.00 to $30.00 c. $18.00 to $35.00 d. $16.00 to $20.00

Last Answer : c. $18.00 to $35.00

You pay no brokerage fee if you: a. issue bonds. b. retire bonds. c. retire stocks. d. acquire current debt. e. issue stocks.

Description : You pay no brokerage fee if you: a. issue bonds. b. retire bonds. c. retire stocks. d. acquire current debt. e. issue stocks.

Last Answer : d. acquire current debt.

How are the Starting Position and the Negotiation Ceiling related? a. The Negotiation Ceiling is always 15% above the Starting Position. b. They are not related. c. Their values are equal. d. The Negotiation Ceiling is always 10% beyond the Starting Position. e. The Negotiation Ceiling is always 10% above the Starting Position.

Description : How are the Starting Position and the Negotiation Ceiling related? a. The Negotiation Ceiling is always 15% above the Starting Position. b. They are not related. c. Their values are equal. ... 10% beyond the Starting Position. e. The Negotiation Ceiling is always 10% above the Starting Position.

Last Answer : e. The Negotiation Ceiling is always 10% above the Starting Position.

.A functional manager is responsible for a. one of the five market segments. b. R&D, Marketing, Production, Finance, Human Resources, and TQM/PI. c. one of the five products in the starting product line. d. none of these. e. monitoring competitors in their entirety.

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Last Answer : b. R&D, Marketing, Production, Finance, Human Resources, and TQM/PI.

The reliability component cost of a product with a 17,000 hour MTBF rating is: a. $5.10. b. $17.00. c. $51.00. d. $170. e. cost cannot be determined with information given.

Description : The reliability component cost of a product with a 17,000 hour MTBF rating is: a. $5.10. b. $17.00. c. $51.00. d. $170. e. cost cannot be determined with information given.

Last Answer : a. $5.10.

Your workers go on strike because they have demanded $20/hour and your wage negotiation ceiling is at $18/hour. Assuming that there are no other labor demands, how long will the strike last? a. 2 weeks b. 4 weeks c. 8 weeks d. 16 weeks e. There is no way to determine how long the strike will last.

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Last Answer : a. 2 weeks

MTBF is measured in a. day increments. b. hour increments. c. minute increments. d. 30-minute increments. e. 15-minute increments.

Description : MTBF is measured in a. day increments. b. hour increments. c. minute increments. d. 30-minute increments. e. 15-minute increments.

Last Answer : b. hour increments.

What is working capital? a. The funds needed for the day to day running of the company b. The cash on hand at the end of the day c. Profits less current liabilities d. The amount of funds a company needs to run indefinitely e. Total sales less total expenses

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Last Answer : a. The funds needed for the day to day running of the company

Capital needed for company activities cannot be acquired through: a. stocks and bonds. b. profits. c. current debt. d. arbitrarily firing employees. e. all of the above.

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Last Answer : d. arbitrarily firing employees.

The Finance Department can use which of the following methods to acquire capital for company activities? a. Current Debt, Stock Issues, Bond Issues, and Profits b. Profits, Current Debt, Withholding Pensions, and Stock Issues c. Liquidating Inventory, Stock Issues, Bond Issues and Profits d. Credit Lines, Bond Issues, Stock Issues, and Profits e. Current Debt, Stock Issues, Bond Issues, and cooking the books

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Which of the following is true about the Accounts Receivable Lag and its implications on demand? a. If you offer no credit, demand falls to about 60% of normal. b. At 30 days, demand is 90%. c. At 45 days, demand is 95%. d. At 60 days, demand is 98.5%. e. At 90 days, demand is 100%.

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Last Answer : d. At 60 days, demand is 98.5%.

What is the minimum amount of time that it takes to create a new product? a. 3 months b. 6 months c. 1 year d. 2 years e. 5 years

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The best case margin potential for a product with a top price of $30 and a minimum cost of goods sold of $15 is: a. $45. b. $2. c. $450. d. $.50. e. none of the above.

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Last Answer : e. none of the above.

A point or some points you consider for your strategy are a. strive to give your customers the top two buying criteria. b. the perceptual map is more important as a rough cut consideration than a fine cut distinction. c. maximize the effectiveness of R&D, to achieve higher demand you must have a substantially better offer, it does not matter how good your product is if you stock out. d. all of the above.

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Last Answer : d. all of the above.

Should minimum wage be raised to $10.10 an hour?

Description : Should minimum wage be raised to $10.10 an hour?

Last Answer : answer:Slightly off topic, but I want know how is it determined minimum wage? Is there a specific process?

Fathers, would you pay a sitter $10 an hour to watch your kids while you're THERE!

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Last Answer : I get paid to do the same thing. I think for the parents it’s just nice to have someone else around, especially when they’re alone with multiple kids, just in case they can’t deal with all of them at once.

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In the Perceptual Map each segment has a set of circles where: a. The inner fine cut circles have a radius of 4 units. b. The inner fine cut circles represent the heart of the segment where demand is strong. c. At the center of each inner fine cut circle is the ideal spot where demand is strongest. d. a and b. e. a, b and c.

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Last Answer : b. The inner fine cut circles represent the heart of the segment where demand is strong.

Where are the credit policies for customer and supplier set in Capstone.xls? a. Marketing spreadsheet b. Production spreadsheet c. Finance spreadsheet d. Credit spreadsheet e. None of the above

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Last Answer : d. all of the above.

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Last Answer : c. the company picked up sales because other companies under produced.

Looking at the production, if the potential bar is higher than the actual one, a. the company should spend more budget in sales. b. the company over produced and missed sales opportunities. c. the company produced the right amount and missed no sales opportunities. d. the company under produced and missed sales opportunities. e. the company should spend more budget in marketing.

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Last Answer : e. AAA to D.

The percentage of workers that left the company last year is the: a. Complement. b. Separated Employees. c. Productivity Index. d. Turnover rate. e. None of the above.

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Last Answer : d. Turnover rate.