Examlex

Solved

Mountainburg Corporation Keeps Careful Track of the Time Required to Fill

question 105

Multiple Choice

Mountainburg Corporation keeps careful track of the time required to fill orders.The times recorded for a particular order appear below:
 Hours  Processing Time 1.2 Inspection Time 0.3 Moving Time 3.8 Storing Time 4.2\begin{array} { | l | c | } \hline & \text { Hours } \\\hline \text { Processing Time } & 1.2 \\\hline \text { Inspection Time } & 0.3 \\\hline \text { Moving Time } & 3.8 \\\hline \text { Storing Time } & 4.2 \\\hline\end{array} The manufacturing cycle time was:


Definitions:

Performance Appraisal

An evaluation of an employee's job performance against pre-established criteria.

Departmental Stores

Large retail establishments that offer a wide variety of goods and services divided into departments for efficient shopping and organization.

Forced Distribution

A performance management system where employees are ranked in groups and a certain percentage must fall into each group.

Merit Pay

A pay system where employees are given bonuses or pay increases based on their performance, encouraging productivity and excellence.

Related Questions