Application of linear programming in budgeting costs for the compensation of employees

© MCSER-Mediterranean Center of Social and Educational Research. The article contains a theoretical and methodological aspects of budgeting expenditures on compensation of employees based on the determination of optimal values of the limited financial resources of the company. We propose a logical organization of budgeting the expenditures using linear programming. Recommended are calculations and measures to control the cost of remuneration in accordance with the objectives of the company

Management accounting of production overheads by groups of equipment

© 2015, Asian Social Science. All rights reserved. The paper discusses the current trend of managerial accounting development – accounting of production overheads in industrial enterprises by groups of equipment. The definition of work center or group of equipment is given, the technique for determining the unit indirect costs is suggested. The recommendations can help determine more accurately the cost of the product, calculate the non-financial measurement, plan the work of management, engineering, service and production departments, exercise tight control of costs

Applying game theory to optimize expenses for employees’ remuneration

© 2015, Asian Social Science. All rights reserved. This article contains methodological aspects of expenses optimization for compensation of employees. An analytical evaluation of the funds allocated to the remuneration of personnel based on the application of game theory models is suggested. Calculations are recommended to regulate the expenses for remuneration in accordance with the objectives of the company

The modeling of industrial entity's dynamics staff costs

This article is devoted to a necessity of perspective value of staff costs in according to strategic business principles. The scientific and practice aspects of modeling of trends of changing staff costs of industrial entity are researched. The possibilities of models of time domain applying are estimated. The using of additive models such as moving average, smoothing fluctuations and sharing out the main trends of staff costs dynamics and also the model of exponential smoothing considering various value of a temporary row are reviewed. The appointment and features of each type of numerical modeling of staff costs level are allocated. The possibilities of applying of models of time domain for the perspective estimates of staff costs of industrial entity for forming analytical information for goals of making management decision are considered

Application of linear programming in budgeting costs for the compensation of employees

© MCSER-Mediterranean Center of Social and Educational Research. The article contains a theoretical and methodological aspects of budgeting expenditures on compensation of employees based on the determination of optimal values of the limited financial resources of the company. We propose a logical organization of budgeting the expenditures using linear programming. Recommended are calculations and measures to control the cost of remuneration in accordance with the objectives of the company

Application of linear programming in budgeting costs for the compensation of employees

© MCSER-Mediterranean Center of Social and Educational Research. The article contains a theoretical and methodological aspects of budgeting expenditures on compensation of employees based on the determination of optimal values of the limited financial resources of the company. We propose a logical organization of budgeting the expenditures using linear programming. Recommended are calculations and measures to control the cost of remuneration in accordance with the objectives of the company

Application of linear programming in budgeting costs for the compensation of employees

© MCSER-Mediterranean Center of Social and Educational Research. The article contains a theoretical and methodological aspects of budgeting expenditures on compensation of employees based on the determination of optimal values of the limited financial resources of the company. We propose a logical organization of budgeting the expenditures using linear programming. Recommended are calculations and measures to control the cost of remuneration in accordance with the objectives of the company

Applying game theory to optimize expenses for employees’ remuneration

© 2015, Asian Social Science. All rights reserved. This article contains methodological aspects of expenses optimization for compensation of employees. An analytical evaluation of the funds allocated to the remuneration of personnel based on the application of game theory models is suggested. Calculations are recommended to regulate the expenses for remuneration in accordance with the objectives of the company

Applying game theory to optimize expenses for employees’ remuneration

© 2015, Asian Social Science. All rights reserved. This article contains methodological aspects of expenses optimization for compensation of employees. An analytical evaluation of the funds allocated to the remuneration of personnel based on the application of game theory models is suggested. Calculations are recommended to regulate the expenses for remuneration in accordance with the objectives of the company

The modeling of industrial entity's dynamics staff costs

This article is devoted to a necessity of perspective value of staff costs in according to strategic business principles. The scientific and practice aspects of modeling of trends of changing staff costs of industrial entity are researched. The possibilities of models of time domain applying are estimated. The using of additive models such as moving average, smoothing fluctuations and sharing out the main trends of staff costs dynamics and also the model of exponential smoothing considering various value of a temporary row are reviewed. The appointment and features of each type of numerical modeling of staff costs level are allocated. The possibilities of applying of models of time domain for the perspective estimates of staff costs of industrial entity for forming analytical information for goals of making management decision are considered