Payroll uses time card data to do all of the following except
a. prepare the payroll register
b. update employee payroll records
c. prepare the labor distribution summary
d. prepare paychecks
C
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The ________ property of linear programming models indicates that the rate of change, or slope, of the objective function or a constraint is constant
Fill in the blank with correct word.
Assume the global economy rebounds rapidly from the Great Recession. What constraint is this likely to have on decisions managers make?
A) Qualified job candidates will become fewer and fewer. B) Managers will be asked to eliminate positions to cut labor costs. C) The hourly compensation average will have to fall; managers will be asked to offer less to job candidates. D) Positions will be easier to fill as college graduates settle for lower paying jobs.