According to Expectancy Theory, in Order for People to Be

question 7

Multiple Choice

According to expectancy theory, in order for people to be highly motivated, ___________must be high.

• A) value added
• B) reinforcement usage
• C) instrumentality
• D) equity
• E) referent power

Acknowledge the impacts of aggregate planning strategies on workforce morale and organization supply chain.

Understand the implications of not correctly matching demand and supply in terms of perishable inventory and unused capacity.

Understand key principles and strategies of aggregate planning.

Recognize various models and approaches used in aggregate planning.

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Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead costs and the standard variable overhead costs allocated based on a predetermined rate.

Indirect Labor

The wages paid to employees who are not directly involved in producing goods but support those who are, such as maintenance workers and supervisors.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead costs incurred and the expected costs based on the standard costs for the actual production volume.