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Cost and Optimization in Government - An Introduction to Cost Accounting, Operations Management, and Quality Control, Second Edition (Hardcover, 2nd edition)
Loot Price: R2,135
Discovery Miles 21 350
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Cost and Optimization in Government - An Introduction to Cost Accounting, Operations Management, and Quality Control, Second Edition (Hardcover, 2nd edition)
Series: Public Administration and Public Policy
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The careful management of costs and operations are two of the most
essential elements of operating any successful organization, public
or private. While the private sector is driven by profit-maximizing
incentives to keep costs to a minimum, the public sector's mission
and goals are guided by a different set of objectives: to provide a
wide range of essential goods and services to maintain social
order, improve public health, revitalize the economy, and, most
importantly, to improve the quality of life for its citizens.
Although the objectives are different, it is just as important for
public decision makers to make the best use of available resources
by keeping the cost of operation to a minimum. This book
demonstrates that with a careful emphasis on cost accounting,
operations management, and quality control, all organizations and
governments can increase efficiency, improve performance, and
prepare to weather hard times. This book is divided into three
parts: Part I offers thorough coverage of cost fundamentals, with
an emphasis on basic cost concepts, cost behavior, cost analysis,
cost accounting, and cost control. Part II examines optimization in
costs and operations in government including traditional or
classical optimization with applications in inventory management
and queuing, followed by mathematical programming and network
analysis. Finally, Part III explores special topics in cost and
optimization, in particular those related to games and decisions,
productivity measurement, and quality control. Simple, accessible
language and explanations are integrated throughout, and examples
have been drawn from government so that readers can easily relate
to them. Cost and Optimization in Government is required reading
for practicing public managers and students of public
administration in need of a clear, concise guide to maximizing
public resource efficiency.
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