Lifter Company Uses Forklifts to Move Materials from the Store

question 51

Multiple Choice

Lifter Company uses forklifts to move materials from the store area to the production floor. The company has four forklifts, which are fully used 16 hours per day (making five moves per hour) . The company works 300 days per year, running two 8-hour shifts per day. The forklift operators work 2,000 hours per year and are paid an annual salary of $45,000.
According to a recent study, each forklift uses 0.25 litres of fuel per move. The cost of fuel is $2.00 per litre.
-Refer to the Figure.Assume that the labour market does not permit the hiring of part-time forklift operators.What is the salary budget for moving materials?

• A)$135,000
• B)$180,000
• C)$360,000
• D)$450,000

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Definitions:

Behavioural Analytics

The study of consumers' actions and behaviors, primarily through data analysis, to improve marketing strategies and customer understanding.

Doppelganger Threats

Doppelganger threats involve the risk of a brand's identity being mimicked or undermined by similar or counterfeit representations that damage its image.

Cultural Brand Innovation

The incorporation of cultural elements and insights into brand strategy and innovation, enhancing relevance and connection with target audiences.