Explain the two components of pay structure with example, Operation Management

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Explain the two components of pay structure with example

1. Explain the two components of pay structure with example 1) pay level 2) job structure.

2. The demand for an electronic component is normally distributed with an average daily demand of 500 units and a standard deviation of 50. The lead-time for the component is 4 days. If a service level of 95% is desired then the company’s reorder point for this component is approximately

A. 2164 units.

B. 2328 units.

C. 4626 units.

D. 4746 units.

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Operation Management: Explain the two components of pay structure with example

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Operation Management: Explain the two components of pay structure with example

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