Model for budgeting staff to provide the best service

Assignment Help Business Management

Reference no: EM1364126

Model for 'Budgeting' Staff to Provide the Best Service

A service itself cannot be inventoried since you can't have a warehouse full of haircuts or massages. So, the service itself depends on staff to meet demand - and this leads to a decision on how to "staff up". This depends on the skills and capabilities of the staff.

You could plan to have two of your best people or three of your average people, or any combination thereof.

So, what kind of calculation or model would you use to ensure that you have an appropriate "inventory" of staff available for a "probable" case of demand?

Reference no: EM1364126

Questions Cloud

Problems encountered with aggregate planning : Problems Encountered with Aggregate Planning - How do you think you would work this potential situation into planning?

Elucidate in detail interrelationships between economic fact : Elucidate in detail the interrelationships between economic facts, theory, and policy. Critically evaluate this statement: "The trouble with economics is that it is not practical. It has too much to say about facts."

Computing yearly production numbers : A company produces and sells pillows. It expects to sell 10,000 pillows in the year 2012 and had 1,000 pillows in finished goods inventory at the end of 2011.

Physical changes-comparison of males versus females : Summarize the physical changes that occur in children during this age and the factors that influence those changes. Include a comparison of males vs. females.

Model for budgeting staff to provide the best service : what kind of calculation or model would you use to ensure that you have an appropriate "inventory" of staff available for a "probable" case of demand?

Find out elasticities of the products and increase the price : Decrease costs across the board. Find out elasticities of the products and increase the price on the inelastic shoes.

What are retained earnings : What are retained earnings? What items increase the balance in retained earnings? What items decrease the balance in retained earnings?

Materials requirement analysis and planning : Show ways the company you researched could benefit materials requirement planning.

Compute the charge on the ion : A uniform electric field of magnitude 445 N/C pointing in the positive x-direction acts on an electron, that is initially at rest. The electron has moved 3.10 cm.

User Account

All Pages