Creating a Production Budget

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Creating a Production Budget
10102021010204 Creating a Production Budget
The great cycle of the ages is renewed. —Virgil
This chapter will help you build a budget for production work, that is, for ongoing business operations. Each year, the cycle of business repeats, but with changes. The challenge of budgeting for a department is to figure out what will change and what will stay the same. With past figures in hand, we’re ready to put together our best estimate of what the next year (or months) will look like. Some of the methods also apply to long-term budgets; we’ll note which methods are suitable. We will discu…
Sid Kemp; Eric Dunbar: Budgeting for Managers. Creating a Production Budget, Chapter (McGraw-Hill Professional, 2003), AccessEngineering Export