Accounting

 Age Customer age assessments vary from segment to segment

 Age Customer age assessments vary from segment to segment Customer age assessments vary from segment to segment, as shown in Figure 4.6. All other factors held constant, demand is highest when the age is at the ideal. For example, Core customers prefer products that are 2 years old. 4.3.5 Ideal Spots For each segment, customers […]

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Human Resources Entries

Human Resources Entries Workforce Complement entries are made in the Production area. Workforce Complement controls the number of workers employed by the company. Once production schedules are complete, the spreadsheet will display a Needed Complement. Matching the Workforce Complement to the Needed Complement ensures the company will have suffi cient workers. Having more workers than

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Training Investing in training also increases productivity and decreases turnover

Training Investing in training also increases productivity and decreases turnover. Each year, you can assign up to 80 hours of training per employee, which increases productivity. Each training hour costs $20.00. When employees are in training they are replaced with other employees, so the Needed Complement will increase as training hours increase. The effect of

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Human Resources Entries

Human Resources Entries 4 3.7 TQM/Sustainability The TQM (Total Quality Management)/Sustainability Module allows companies to invest in several initiatives. Different initiatives return different benefi ts. For example, some initiatives will reduce labor and material costs, others will reduce R&D cycle time (allowing you to re-engineer products faster), and others will increase product appeal or decrease

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Production

Production 3.3.1 Plant Purchases Floor space for each unit of capacity is $6.00. Add $4.00 for each point of automation. Additional capacity at an automation rating of 10.0 would cost $6.00 + ($4.00 * 10.0) = $46.00 per unit. 3.3.2 Plant Sales When you sell plant, you get $0.65 on each original dollar. Depending on

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