1.Change is triggered by environmental & internal disruptions Show
(Occurs because of industry discontinuities, lifecycle shifts, internal company dynamics) 2.Change is initiated by senior executives & line managers (Executive leadership must triple E - envision, energize, and enable) 3.Change involves multiple stakeholders 4.Change is systemic & revolutionary 5. Change involves significant learning & a new paradigm (Organizations undertaking transformational change are by definition undertaking at least a 2nd-order or gamma change - involving discontinuous shifts in mental or organizational frameworks) Recommended textbook solutionsMyers' Psychology for AP2nd EditionDavid G Myers 900 solutions HDEV56th EditionSpencer A. Rathus 380 solutions Social Psychology10th EditionElliot Aronson, Robin M. Akert, Samuel R. Sommers, Timothy D. Wilson 525 solutions Consumer Behavior: Buying, Having, Being13th EditionMichael R Solomon 449 solutions Recommended textbook solutions
Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions
Human Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions
Human Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions
Human Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions Recommended textbook solutions
The Language of Composition: Reading, Writing, Rhetoric2nd EditionLawrence Scanlon, Renee H. Shea, Robin Dissin Aufses 661 solutions
Edge Reading, Writing and Language: Level CDavid W. Moore, Deborah Short, Michael W. Smith 304 solutions Technical Writing for Success3rd EditionDarlene Smith-Worthington, Sue Jefferson 468 solutions Technical Writing for Success3rd EditionDarlene Smith-Worthington, Sue Jefferson 468 solutions
Course 15 (Version 1) Set B Volume 1 Chapter 7 Terms in this set (56)Sets with similar termsSets found in the same folderOther sets by this creatorVerified questions
ADVANCED MATH Verified answer
ADVANCED MATH Verified answer
ADVANCED MATH Verified answer
ADVANCED MATH Shoeco must meet (on time) the following demands for pairs of shoes: month 1—300; month 2—500; month 3— 100; and month 4— 100. At the beginning of month 1, 50 pairs of shoes are on hand, and Shoeco has three workers. A worker is paid $1,500 per month. Each worker can work UP to 160 hours per month before receiving overtime. During any month, each worker may be forced to work up to 20 hours of overtime; workers are paid$25 per hour for overtime labor. It takes 4 hours of labor and $5 of raw material to produce each pair of shoes. At the beginning of each month, workers can be hired or fired. Each hired worker costs$ 1,600. and each fired worker costs $2,000. At the end of each month, a holding cost of$30 per pair of shoes is assessed. Formulate an LP that can be used to minimize the total cost of meeting the next four months’ demands. Then use LINDO to solve the LP. Finally, use the LINDO printout to answer the questions that follow these hints (which may help in the formulation.) Let xt = Pairs of shoes produced during month t with non overtime labor ot = Pairs of shoes produced during month/with overtime labor it = Inventory of pairs of shoes at end of month t ht, = Workers hired at beginning of month t fj = Workers fired at beginning of month t wt, = Workers available for month t (after month/hiring and firing) Four types of constraints will be needed: Type 1 Inventory equations. For example, during month 1, i1, = 50 + x1 + o1 − 300. Type 2 Relate available workers to hiring and firing. For month 1, for example, the following constraint is needed: wi, = 3 + h2 – f1 Type 3 For each month, the amount of shoes made with non overtime labor is limited by the number of workers. For example, for month 1, the following constraint is needed: 4x1 ≤ 160w1 Type 4 For each month, the number of overtime labor hours used is limited by the number of workers. For example, for month 1, the following constraint is needed: 4(o1) ≤ 20w1 For the objective function, the following costs must be considered: 1. Workers’ salaries 2. Hiring costs 3. Firing costs 4. Holding costs 5. Overtime costs 6. Raw-material costs a. Describe the company’s optimal production plan, hiring policy, and firing policy. Assume that it is acceptable to have a fractional number of workers, hirings, or firings. b. If overtime labor during month 1 costs $16 per hour, should any overtime labor be used? c. If the cost of firing workers during month 3 were$1,800, what would be the new optimal solution to the problem? d. If the cost of hiring workers during month 1 were $1,700, what would be the new optimal solution to the problem? e. By how much would total costs be reduced if demand in month I were 100 pairs of shoes? f. What would the total cost become if the company had 5 workers at the beginning of month 1 (before month 1 ’s hiring or firing takes place)? g. By how much would costs increase if demand month 2 were increased by 100 pairs of shoes? Verified answer Recommended textbook solutionsWhat is the purpose of follow up in change implementation strategy?Follow-up shows that the task is important and allows the manager to predict better the workflow and longer goals that keep the company and team working. You need to know if people are doing what they are supposed to be doing and, if they are not, what you can do about it.
What is the primary difference between involuntary termination and voluntary?The differences initially appear obvious, but let's make sure we're clear: a voluntary termination occurs when an employee leaves your company by their choice, whereas an involuntary termination occurs when you decide to terminate an employee.
Which conflict resolution method refers to a process in which a neutral third party listens and reviews facts and makes a decision to settle the conflict?Arbitration: a neutral person called an "arbitrator" hears arguments and evidence from each side and then decides the outcome. Arbitration is less formal than a trial and the rules of evidence are often relaxed.
Who should be involved in employee goal setting in the performance appraisal process?The employee's managers and supervisors typically lead the appraisal process. Some companies also use 360-degree feedback and involve others, such as the human resources manager, coworkers, and customers.
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