@inproceedings{6cd8b2385dc84c99b52e8629bc59b93d,
title = "A Critical Evaluation of Budget Practices Applied in the Manufacturing Sector for Optimal Production",
abstract = "This work focused on the assessment of budget practices applied in the manufacturing sector. Two companies in the sector, Company A and Company B were used as the case studies where the budget implications for producing 100 500 pallets of a lager beer and 200 000 pallets of baby cereal respectively. The budget planning process, budget development, types of budget to be used were discussed. The short range type of budget over a monthly period was chosen. From the analysis: the budget implications in the manufacturing sector are highly depended on the direct materials, direct labor and plant overheads budgets.",
keywords = "Budgeting practices, Manufacturing sector, Monitoring, Planning",
author = "Manyuchi, {M. M.} and N. Sukdeo",
note = "Publisher Copyright: {\textcopyright} IEOM Society International.; 4th European International Conference on Industrial Engineering and Operations Management, IEOM 2021 ; Conference date: 02-08-2021 Through 05-08-2021",
year = "2021",
language = "English",
isbn = "9781792361272",
series = "Proceedings of the International Conference on Industrial Engineering and Operations Management",
publisher = "IEOM Society",
pages = "421--431",
editor = "Mario Fargnoli and Mara Lombardi and Massimo Tronci and Patrick Dallasega and Savino, {Matteo Mario} and Francesco Costantino and {Di Gravio}, Giulio and Riccardo Patriarca",
booktitle = "Proceedings - 4th European Rome Conference 2021",
}