Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
|
Your cart is empty |
|||
Showing 1 - 5 of 5 matches in All Departments
In an era of fierce international competition, manufacturing firms must have a thorough understanding of their cost structure and how that structure relates to pricing and product mix decisions. Two competing conceptual approaches to designing product cost systems that support decision making are Activity-based Costing and the Theory of Constraints. Rather than argue in favor of one to the exclusion of the other, Robert J. Campbell presents a new approach to cost system design that combines the strengths of each school of thought, thereby overcoming the significant limitations of each. The need to price the product mix in order to exploit constrained resources is advocated by the Theory of Constraints, while the need to examine resource consumption from activities, both value adding and non-value adding, to support the principles of JIT is advocated by Activity-based Costing. After examining the nature of a firM's cost structure as it relates to the activities performed by various functional areas, Campbell discusses the development of activity-based cost systems through an extensive example. Activity-based costing can lead to building excessively complex accounting systems that lack focus and provide confusion about short-run versus long-run changes in the cost structure. After a chapter examining short-run cost behavior and cost relationships, an in-depth discussion of the Theory of Constraints and how it is contrasted to, and complemented by, activity-based costing follows. In these middle chapters the strengths of each methodology are identified and combined into a unified approach to product cost systems. Later chapters provide discussion on pricing strategies, customer profitability analysis, and providing cost measures that recognize either loss of learning or volume-related efficiencies in machine-paced organizations. This book is an important resource for executives or consultants seeking to implement new cost management systems that lead to improved decision making, as well as for educators seeking to reconcile and understand Activity-based Costing and the Theory of Constraints.
Campbell's Psychiatric Dictionary is widely recognized as the
definitive dictionary of psychiatry--up-to-date, comprehensive, and
authoritative. Distinguished by its clarity and scholarship, it is
unique among dictionaries in providing nearly encyclopedic
discussions of many of the most important entries.
"O, for goodness sake, what am I going to write to this church of
mine? Church? No, it's more than a church. This is my family. These
are my children Yes, I gave birth to this family of faith at
Corinth."
|
You may like...
Every Day Is An Opening Night - Our…
Des & Dawn Lindberg
Paperback
(1)
Die Braambos Bly Brand - Nie-teoloë Se…
Pieter Malan, Chris Jones
Paperback
|