Rolling budgets have many benefits. They are more flexible than static budgetsÊand allow for changes to be made in the system easier.
The principal budget factor is the constraining factor which ultimately determines the level of activity planned. It is the area which cannot be increased to match the capacity of other areas. E.g a company may be able to sell 200,000 bottles of mineral water, but skilled labour available is only sufficient to produce 60,000. Labour therefore is the principal budget factor.
It means that you don't have enough of something in order to do all you would like, it isa scarce resource which is in short supply .This could be because of shortage of material, staff hours , machine capacity even moneyBy :Accians@yahoo.com
Depending on the business type, business equipment can be a major part of the budget for a start up business. When drafting a business plan and figuring out what your small business loan amount should be, prepare a detailed budget, including the cost of the business equipment that will be needed to start the business. You should also include any equipment that will be needed in the first year to function adequately. If the equipment will require regular maintenance, include maintenance costs in your budget as well. If there is the potential for the equipment to need replacement, factor in the risk associated with that as well. Your loan amount should cover all of these things, since you don't want to have to go back for more money unless something catastrophic happens. Including business equipment in your business plan and budget can assist with getting your business started on the right foot.
To determine the money factor on a lease agreement, you can ask the leasing company for the interest rate they are using and then convert it to a money factor by dividing it by 2400. The money factor represents the cost of financing the lease.
A location factor are the factors in which the people who are placing the factory must take into consideration.
The Production Budget for Chill Factor was $34,000,000.
Simple technique by adding PP capacitor with automatic power factor controller.
A budget version of the X factor
Of all the six numbers on a cube, only the '5' is not a factor of 12.Probability of rolling a factor of 12 on the first cube = 5/6 .Probability of rolling a factor of 12 on the second cube = 5/6 .Probability of rolling a factor of 12 on both cubes = (5/6 x 5/6 ) = 25/36 = 694/9 %.
The theoretical probability of rolling something other than a factor of 6 in one roll is 2/6 or 1/3. So, the probability of rolling something other than a factor of 6 in 100 rolls is (1/3)^100 = 1.94*10-48 And therefore.the probability of rolling a factor of 6 is 1 - Prob(not a factor) = 1 - 1.94*10-48 which is incredibly close to 1.
50% 1 out of 2
1/6
MBO is the motivating factor or controling technique.evaluate the statement
The principal budget factor is the constraining factor which ultimately determines the level of activity planned. It is the area which cannot be increased to match the capacity of other areas. E.g a company may be able to sell 200,000 bottles of mineral water, but skilled labour available is only sufficient to produce 60,000. Labour therefore is the principal budget factor.
2/3 or 2:3
Management by objectives is both a motivating factor and a controlling technique. Employees are motivated to continue to perform while the direction they are headed is controlled by their manager.
budget