CMA Intermediate · Operations Management and Strategic Management · Job Evaluation, Job Allocation - Assignment
Under the point rating method at Sundaram Engineering, the factors for a Machine Operator job carry these points: skill 120, effort 60, responsibility 80, working conditions 40. Each point is valued at Rs 25 per month. What monthly basic pay is indicated for the job?
The monthly basic pay is Rs 7,500. Add the factor points, 120 plus 60 plus 80 plus 40, to get 300 points, then multiply by the point value of Rs 25. Every factor must be included in the total.
- ARs 7,500Correct
- BRs 6,500
- CRs 7,000
- DRs 8,000
Explanation
Total points = 120 + 60 + 80 + 40 = 300. Pay = 300 x Rs 25 = Rs 7,500. Rs 7,000 results from omitting working conditions (260 x 25 = 6,500 is omitting also; 280 x 25 = 7,000 omits 20 points) and is not supported by the data.
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