A Motivational Tool That Also Helps to Guide Performance and Lets

question 23

Multiple Choice

A motivational tool that also helps to guide performance and lets the owner know that his/her company is accomplishing its operational goals is:

• A)benchmarking.
• B)feedback.
• C)job redesign.
• D)a human resource audit.

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Definitions:

Constrained Resource

A factor within a production or operation process that limits the overall output, such as limited machinery, labor, or materials.

Direct Labour-Hours

The total hours worked by employees directly involved in the manufacturing process, used as a basis for assigning labor costs to products.

Contribution Margin

The difference between sales revenue and variable costs, representing the portion of sales that contributes to covering fixed costs.

Production Constraint

A limit to the amount or volume of production, often caused by the availability of resources, technology, or market demand.