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

Explain the concept of ergonomics, Question 1: (a) Explain the concept ...

Question 1: (a) Explain the concept of ‘ergonomics'. (b) Elaborate on the issues that a health & safety specialist should consider while trying to eliminate ergonomic hazard

Illustrate termination process, Q. Illustrate Termination process? Term...

Q. Illustrate Termination process? Termination: the employee's service can be terminated in the following forms: a. Discharge simplifier: termination of the service of an em

Explain how training and development can be carried out, Question: In t...

Question: In time of crisis, many organisations cut down their costs in order to stay in business. One of the costs that some organisations will cut first is their training an

Basic concepts of discipline and girevance procedure, Q. Basic concepts of ...

Q. Basic concepts of Discipline and girevance procedure? Positive aspect of discipline: positive or self imposed discipline connotes a state of order in an organization. Positi

Explain the term human resource planning, Question 1: a) Define and ful...

Question 1: a) Define and fully explain the term "Human Resource Planning". b) What are the steps involved in the HRP process? c) Which step according to you is the mos

Evaluate highest rate of productivity, My very first instinct while taking ...

My very first instinct while taking the poll was to choose that yes, the employer could pass the cost on to the employee, and no, it wasn't illegal! But, as others have pointed out

What are the objectives of recruitment, Question 1 Explain the need for ma...

Question 1 Explain the need for manpower planning. What are the obstacles in manpower planning? Question 2 What are the objectives of human resource accounting (HRA)? What ar

Legal and procedural aspects of the merger, Q. Legal and procedural aspects...

Q. Legal and procedural aspects of the merger? Approval of board of directors : after the approval of this scheme by the respective boards of directors it must be put before t

Discuss the benefits associated to hr portals, Question 1: ‘The interne...

Question 1: ‘The internet is having a major impact on business transaction because of different opportunities it offers.' Describe the 3 main responses to the development in

Strategic HRM, What are the effects of hard HRM approach?

What are the effects of hard HRM approach?

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