Should Peers Evaluate Each Other as Part of a Performance

question 22

Multiple Choice

Should peers evaluate each other as part of a performance management system?

• A)No.They do not really know what the other is thinking.
• B)No.They may "play" the system,depending on how much they like or dislike co-workers.
• C)Yes.They have the best strategic sense of the organization's goals and plans.
• D)Yes.It creates a morale boost if a competent but unpopular co-worker faces disciplinary action.
• E)No.That is never part of a realistic job function.

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Definitions:

Projected On-Hand Inventory

An estimate of the amount of stock that will be physically available in inventory at any given time, factoring in current stock levels, incoming supply, and outgoing orders.

MRP Logic

The set of principles and calculations used in Material Requirements Planning, aimed at ensuring the right materials are available for production at the right time.

Lot-For-Lot

An inventory management ordering policy where the order quantity is made exactly equal to the demand for the upcoming period.

Economical

Characterized by efficiency and avoidance of waste, in terms of both cost and resources.