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Computes individual criterion values from production units and unit values, then returns the standard deviation of those values.

Usage

sdy_cost_accounting(units, unit_values, na.rm = TRUE)

Arguments

units

Numeric matrix or data frame. Rows are employees; columns are production units, activities, or outputs.

unit_values

Numeric vector of monetary values per unit. Length one or one value per column of units.

na.rm

Should missing values be removed in the SD calculation?

Value

A list with individual criterion values and sdy.

References

Cronbach, L. J., & Gleser, G. C. (1965). Psychological tests and personnel decisions (2nd ed.). University of Illinois Press.

Holling, H. (1998). Utility analysis of personnel selection: An overview and empirical study based on objective performance measures. Methods of Psychological Research Online, 3(1), 5-24.

Cascio, W. F. (1982). Costing human resources: The financial impact of behavior in organizations. Kent.

Examples

# Literature: Cronbach and Gleser (1965); Cascio (1982); Holling (1998).
sdy_cost_accounting(matrix(c(10, 12, 8, 11), ncol = 2), unit_values = c(100, 200))
#> $y
#> [1] 2600 3400
#> 
#> $sdy
#> [1] 565.6854
#>