19. You have been retained as a consultant to formulate a model for job evaluation in an...
Question:
19. You have been retained as a consultant to formulate a model for job evaluation in an organisation.
The data collected for 5 representative benchmark jobs across the hierarchy of all blue collar jobs evaluated on a 5-point rating scale for four factors viz. Skill, Effort, Working Condition, and Responsibility.
Find weights to be assigned to the four factors satisfying the following broad guidelines:
(i) Grade A: Total points should be as near as possible to 600 but not in excess.
(ii) Grade M: Total points should be as near as possible to 360 but may be higher or lower.
(iii) Grade Z: Total points should be at least as near as possible to 120 but not lower.
(iv) The difference between two benchmark grades should be at least 120.
Formulate a goal programming model.
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