Friday, October 18, 2019

Email for Prescription for control system Coursework

Email for Prescription for control system - Coursework Example er relevant budgets that need to be prepared to analyze the movement of costs are: production budget; raw materials and purchasing budget; as well as labor budget (Agriculture and Consumer Protection, n.d.); 4. The production budget should contain the following the following information where the budget is â€Å"expressed in quantitative terms only and is geared to the sales budget. The production managers duties include: (a) analysis of plant utilization; and (b) work-in-progress budgets. If requirements exceed capacity he may: (i) subcontract; (ii) plan for overtime; (iii) introduce shift work; or (iv) hire or buy additional machinery† (Agriculture and Consumer Protection, n.d., p. 1); 5. The raw materials and purchasing budget should be evaluated in the light of factors that could influence and affect these, including production requirements; planning stock levels; storage space; and trends of material prices (Agriculture and Consumer Protection, n.d.). 6. The labor budget, finally, must be analyzed in terms of the following factors that influence and affect the costs: production requirements; man-hours available and used; grades of labour required; wage rates (union agreements); and the need for incentives (Agriculture and Consumer Protection, n.d.). 10. These costs should therefore be monitored on a regular basis, say monthly, quarterly and annually, against the budgets prepared to determine the factors influencing them and to institute the required courses of action to control and manage these costs. In response to your proposal to purchase an offset press to print manuals, instead of purchasing them from local print shops, please be advised that to enable management to decide on its feasibility and viability, the following information would be required for comprehensive and effective review: 2. The installation cost to be incurred should be determined. Some suppliers incorporate the cost of installation to their quotation price for the equipment. Since

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