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Scenario 10-1
For four months you have been employed as the part-time HRM for TS Inc., a small Canadian aviation company. In the past, recruitment and selection rested on the shoulders of the president and, like most small companies, TS Inc. used employee referrals and an informal interview processes in selecting employees. Since you have been hired, you have guided management through several stages of the recruitment and selection process to hire an aircraft maintenance engineer. TS Inc. has used proper selection methods such as screening, testing, and structured interviews but is not sure about how to integrate the data from these various sources. In the past, the president relied on his gut feeling about applicants and made poor hiring decisions.
-Refer to Scenario 10-1. TS Inc. would like to use a decision-making model in which applicants' scores on each predictor (i.e., tests, interviews, reference checks) are weighted and summed to yield a total score (i.e., predicted job performance) . What is this model called?
Machine-Hours
A measure of production time, reflecting the total hours machines are operated in the manufacturing process.
Molding
Molding is a process of forming a material using a rigid frame or model called a mold, commonly used in manufacturing for creating a variety of parts and components.
Customizing
Modifying or tailoring a product or service to meet specific customer needs or requirements.
Manufacturing Overhead
All indirect costs associated with the production process, including utilities, maintenance, and factory equipment depreciation.
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