An organization's budget is a document that details O the financial and physical resources allocated to a project or department for a period O the cash available for business expenses and payroll during a year O the headcount assigned to each departmental manager for the year
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- Engineering organizations are not immune to the difficulties of filling with qualified persons the various positions identified in the organizing stage. As outputs of engineering firms are produced by people under the supervision of engineer managers, errors in the performance of jobs may not be easily discernible. As such, staffing must be treated with serious concern. Staffing deals with the determination of human resources needs recruitment, selection, training, and development. For your activity, you need to research and prepare a forecast of the human resource needs of an engineering firm.Which of the following relates to How many employees should be scheduled? 1.Group of answer choices 2.Operations Planning 3.Operations Process 4.Capacity Planning 5.Production-Method DecisionsThe head of the department of a manufacturing organization is expected to lead the monthly production meeting. Explain how will be planning the meeting.explain?
- What is the best way to use a spreadsheet to plan capacity?Climate Control, Inc., makes expedition-quality rain gearfor outdoor enthusiasts. Management prepared a forecast ofsales (in suits) for next year and now must prepare a produc-tion plan. The company has traditionally maintained a levelworkforce strategy. All nine workers are treated like familyand have been employed by the company for a number ofyears. Each employee can produce 2,000 suits per month.At present, finished goods inventory holds 24,000 suits. Thedemand forecast follows: Use the Sales and Operations Planning with SpreadsheetsSolver in OM Explorer or develop your own spreadsheetmodels to address the following questions. a. Management is willing to authorize overtime in pe-riods for which regular production and current lev-els of anticipation inventory do not satisfy demand.However, overtime must be strictly limited to no morethan 20 percent of regular-time capacity. Managementwants to avoid stockouts and backorders and is notwilling to accept a plan that calls for shortages.…What are subflows and when should you use them?
- An electrical contractor's records during the last five weeks indicate the number of job requests: Week: 1 2 3 4 5 Requests: 25 27 25 26 27 Click here for the Excel Data File Predict the number of requests for week 6 using each of these methods:As a production supervisor, Joe decides on Friday afternoon how many units of output his employees will be able to produce and on which days certain products will be run in his department. He also decides which of his employees are going to be responsible for operating which machines within the department next week, as his employees are multi-skilled assemblers. On Monday, he informs his employees whom he has assigned to which machines by handing out assignment sheets and informs the employees that the schedule is going to be difficult due to the increased number of units. He goes on to tell them that he is sure they can fulfill the schedule because they are such good and skilled employees. Each day during the week he checks the amount of output that the employees have completed and the number of units that have been scraped. When Joe decides which of his employees are going to be responsible for operating which machines, he is performing which of the management functions? Select one:…Drew Castello, general manager of Sunflower Manufacturing, was frustrated. He wanted the budgeted results, and his staff was not getting them to him fast enough. Drew decided to pay a visit to the accounting office, where Jeff Hollingsworth was supposed to be working on the reports. Jeff had recently been hired to update the accounting system and speed up the reporting process. "What's taking so long?" Drew asked. "When am I going to get the variance reports?" Jeff sighed and attempted to explain the problem. "Some of the variances appear to be way off. We either have a serious problem in production, or there is an error in the spreadsheet. I want to recheck the spreadsheet before I distribute the report." Drew pulled up a chair, and the two men went through the spreadsheet together. The formulas in the spreadsheet were correct and showed a large unfavorable direct labor efficiency variance. It was time for Drew and Jeff to do some investigating. After looking at the time records, Jeff…
- "Mr. X is the supervisor for a dry cement packaging company. His work crew iscomposed of unskilled workers who load large transport trucks with bags ofcement, gravel, and sand. The work is hard, and the employee turnover rate ishigh. Employees record their attendance on separate time cards. Mr. Xauthorizes payroll payments each week by signing the time cards and submittingthem to the payroll department. Payroll then prepares the paychecks and givesthem to Mr. X, who distributes them to his work crew." Is there an internal control issue or none? Justify your answer.Fred Ridgeway has been given the responsibility of managing a training and development program. He knows the earliest start time, the latest start time, and the total costs of each activity. The information is given in the table. (The Latest start time is not given since you are not being asked to determine the budget based on that.) Using earliest start times, determine Fred’s total monthly budget. Construct a full table to show the correct budget. (This takes up space so start on the left and use both pages or turn the page landscape (wide).) Activity ES(months) LS Time(months) TOTAL COST($1,000s) A 0 - 6 12 B 2 - 3 7 C 4 - 7 6 D 4 - 4 12 E 6 - 5 5 F 12 - 2 5.5 G 11 - 4 8 H 13 - 3 4 I 7 - 6 2 J 7 - 4 6Use the percentage method of income tax calculation to complete the payroll roster (in $). David Grange is married and claims 4 withholding allowances. If he is paid biweekly and earns $1,844 per period, use the percentage method to find his income tax withholding each pay period.