Use the Information Below to Answer the Following Question(s)

question 65

Multiple Choice

Use the information below to answer the following question(s) .
Layne Cedar manufactures cedar chests. The estimated number of chests for the first three months of 2016 is as follows:

Finished goods inventory at the end of December is 3,000 units. Ending finished goods are equal to 30 percent of next month's sales. April 2016 sales are expected to total 16,000 units.
-What should be the budgeted number of chests produced in January 2016?

• A) 8,800 chests
• B) 11,200 chests
• C) 14,200 chests
• D) 14,700 chests

Identify the demographic challenges and trends affecting organizations.

Recognize strategies to address workforce aging and retirement.

Understand the approaches to lower labor costs and their impacts on organizations.

Grasp the concept of offshoring and its implications for HRM.

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Definitions:

Specific, Challenging

Goals that are clear and precise, requiring effort and commitment to achieve, and are often motivating.

Expectancy Theory

A motivation theory that suggests an individual's motivation is influenced by their expectation that their effort will lead to desired performance and that performance will lead to a desired reward.

First Level Outcome

The immediate results or effects that are directly attributable to a specific action or intervention.

Distal Goals

Long-term objectives that are often more abstract and challenging to measure, serving as the ultimate targets in planning.