OPPapers.com Essay Index >> Business >> Cost Management
We have many free term papers and essays on Cost Management. We also have a wide variety of research papers and book reports available to you for free. You can browse our collection of term papers or use our search engine.
Cost Management. We have one company that operates two businesses. They
both manufacture and sell their product. One specializes ...
Strategic Cost Management. ... Reference List Blocher, EJ, Stout, DE, Cokins, G, Chen,
KH 2006, Cost Management A Strategic Emphasis, McGraw-Hill/Irwin, New York. ...
Cost Management. Introduction The chief Administrator of an Uptown Clinic,
Dr. Stephanie White, is concerned about the dilemma of ...
Cost Management. OPERATIONS Unicycles Bicycles Total sales $150M $150M Occupies
75,000 sq. ft. 25,000 sq. ft. Advertising $2.5M $2.5 ...
Cost Management. Program Area Costs Program Area Revised Costs Administration
Administration Salaries Salaries Administrator 60,000 ...
Submitted by ashoffner on August 18, 2007
Category: Business
Words: 635 | Pages: 3
Views: 255
Popularity Rank: 46,016
Average Member Grade: N/A (Add a Comment / Grade this Paper)
Introduction
The chief Administrator of an Uptown Clinic, Dr. Stephanie White, is concerned about the dilemma of coping with reduced budgets next year and into the foreseeable future. This clinic is a community mental health agency but she wants to increase demand for services along with the budget cuts. In order to plan this change she must first identify where costs can be cut or reduced but by still keeping the agency functioning. With the data given to me from the past year I will provide her with a dollar range of costs to reduce the budget. Then I will cut $94,000 in cost along with the priorities those cuts can be made without impact on operations or the quality care of the serves they provide. In conclusion I will provide my thoughts and views on how she can prepare for this reduced budget.
Cost Management
Data set:
Program Area
Administration Costs Cuts Revised Costs
Salaries:
− Administrator 60,000 1,000 59,000
− Assistant 35,000 1,000 34,000
− Two secretaries 42,000 -1 21,000 21,000
Supplies 35,000 -0.25 8,000 27,000
Advertising & Promotion 9,000 -0.25 2,000 7,000
Meetings/dues 14,000 -14,000 14,000 0
Purchased Services:
− Accounting and billing 15,000 2,000 13,000
− Custodial 13,000 1,000 12,000
− Security 12,000 12,000
− Consulting 10,000 1,000 9,000
Community Mental Health Services
Salaries (2 social workers) 46,000 2,000 44,000
Transportation 10,000 -0.5 5,000 5,000
Outpatient Mental Health Treatment
Salaries:
− Psychiatrist 86,000 1,000 85,000
− Two secretaries 70,000 -1 35,000 35,000
Total Costs Total Cuts Revised Total Costs
457,000 94,000 363,000
Worst case analysis:
I know that administration can not function efficiently...
You must Login to view the entire paper.
If you are not a member yet, Sign Up for free!