Work study model of forecasting techniques, HR Management

Assignment Help:

Q. Work study model of forecasting techniques?

These can be used when it is possible to apply work measurement to calculate the length of operations and the amount of labour required. The starting point in a manufacturing company is the production budget. Prepared in the terms of volume of sales able products for the company as a whole, or volumes of output for the individuals departments. The budget of productive hours is then compiled using standard hours for the direct labour. The standard hours per unit of the output are then multiplied by the planned volume of units to be produced to give the total number of planned hours for the period. This is then divided by the number of actual working hours for an individual operator to show the number of operators required. Allowance will have to be made for idle time. Following is a highly simplified example of this procedure:

a. Planned output for next year 0000 unit

b. Standard hours per unit: 5

c. Planned hours of the year: 100000

d. Productive hours per man or year: 2000


Related Discussions:- Work study model of forecasting techniques

Objectives of wage and salary administration, Objectives of wage and salary...

Objectives of wage and salary administration: 1. Reward employees according to the effect and merit. 2. Attract and retain the services of desirable employees. 3. Get im

What is job instruction training, Q. What is Job instruction training? ...

Q. What is Job instruction training? Job instruction training (JIT): this method is also known as training through step by step learning as it involves all necessary step in

Limitations of the selection tests, Limitations of the selection tests: ...

Limitations of the selection tests: 1. Selection test cannot make a hundred prediction of an individual on the job success. 2. If the number of candidates is small, the use

Different methods for job design, Question 1: In everyday life managers...

Question 1: In everyday life managers are compelled to take ‘satisfying' decisions. Show the steps to rational decision making and its limits. Your discussion must make ref

Community for integrated learning, There are many resources you could use f...

There are many resources you could use for providing and enriching environment for children here are some of them. Community: There are many other persons in community, which co

Hr is our major source of competitive advantage, QUESTION Case Study ...

QUESTION Case Study The richest man in the world, feted by presidents and prime ministers, Bill Gates sees no activity as more important than meeting superior candidates

Performance Management, emerging performance management management topics

emerging performance management management topics

Briefly explain maslow hierarchy of needs theory, Question 1: (a) Elabo...

Question 1: (a) Elaborate on the items included in a job description. (b) Discuss the usefulness of a job description in an organisation. Question 2: To cope with ch

Worksheet-instructions for experiments, Worksheet/Instructions for Experime...

Worksheet/Instructions for Experiments A filing cabinet is a good place for these. Failing that, a cardboard storage case or suitable box can be used. They can be arranged in a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd