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

Servant leadership, Servant Leadership: Although some models of leader...

Servant Leadership: Although some models of leadership such as emotional intelligence or change leadership or visionary leadership tend to focus on a single dimension of leade

Explain the outlines of a public relations program, Question 1: a) Show...

Question 1: a) Show with suitable examples the public relations process. b) What is the "historical impact" of the Internet on public relations? c) Show the impact of em

Suitability of the group incentive schemes, Suitability of the group incent...

Suitability of the group incentive schemes: 1. Where it is not possible to measure the performance of each individual worker. 2. Where the number of workers making a group i

Written communication , WRITTEN COMMUNICATION : The communication process ...

WRITTEN COMMUNICATION : The communication process that involves written media, i.e. paper is called written communication. It involves distribution and delivery of papers. Two bas

Describe the role of recruitment consultants, Question 1: Your organiza...

Question 1: Your organization wishes to recruit a number of new accounts staff. Required (a) Describe the role of the Human Resources department in recruitment. (b) Descr

Trade unions-human resource management, Trade unions Trade unions are f...

Trade unions Trade unions are formed by interested employees who get enough signatures from co-workers to hold an election. Trade unions are mainly started to deal with labour

.Leadership across the organisation, Case Studies As part of the task, you...

Case Studies As part of the task, you will need to write an email to your manager outlining an organisational response to the case study, including any changes to work practices t

Caselet, What action should be taken by various functional managers to meet...

What action should be taken by various functional managers to meet the scheduled dates?

Miss Ella, evaluate the hard and soft HRM to increased organizationL PRODU...

evaluate the hard and soft HRM to increased organizationL PRODUCTIVITY

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