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Philipp Plank analyses the question, what drives the quality of cost-systems and is the quality of cost-systems directly and at best positively related to the firms¿ performance. In other words, is it worth investing in complex cost allocation systems or are there environmental and/or production settings in which less enhanced systems perform adequately. Using simulations, a benchmark firm (first-best solution) perfectly allocating cost to products is compared to firms implementing heuristic cost-allocation schemes (second-best solution) to identify the profit gap resulting from decisions based on limited information. Into this discussion, the idea of cost-stickiness is integrated, thereby indicating a new planning approach.
Autorius: | Philipp Plank |
Serija: | Quantitatives Controlling |
Leidėjas: | Springer Fachmedien Wiesbaden |
Išleidimo metai: | 2017 |
Knygos puslapių skaičius: | 160 |
ISBN-10: | 3658193204 |
ISBN-13: | 9783658193201 |
Formatas: | 210 x 148 x 9 mm. Knyga minkštu viršeliu |
Kalba: | Anglų |
Parašykite atsiliepimą apie „Price and Product-Mix Decisions Under Different Cost Systems“