Assignment method definition
/What is the Assignment Method?
The assignment method is any technique used to assign organizational resources to activities. The best assignment method will maximize profits, typically through cost controls, increases in efficiency levels, and better management of bottleneck operations. The assignment method is incorporated into an organization’s budgeting process, so that management can determine where to allocate resources within a business in order to achieve the greatest return. The assignment of resources is usually based on a historical analysis of the resources assigned to a person, product, product line, or department, to see what has worked in the past.
Examples of Assignment Methods
An assignment method can be used to determine the optimal number of people to assign to a work crew, or which jobs to schedule for a production process, or which salespeople to assign to a sales territory.