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Plank

Price and Product-Mix Decisions Under Different Cost Systems

Medium: Buch
ISBN: 978-3-658-19320-1
Verlag: Springer
Erscheinungstermin: 08.09.2017
Lieferfrist: bis zu 10 Tage

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.


Produkteigenschaften


  • Artikelnummer: 9783658193201
  • Medium: Buch
  • ISBN: 978-3-658-19320-1
  • Verlag: Springer
  • Erscheinungstermin: 08.09.2017
  • Sprache(n): Englisch
  • Auflage: 1. Auflage 2018
  • Serie: Quantitatives Controlling
  • Produktform: Kartoniert, Book
  • Gewicht: 2155 g
  • Seiten: 132
  • Format (B x H x T): 148 x 210 x 9 mm
  • Ausgabetyp: Kein, Unbekannt
Autoren/Hrsg.

Autoren

About the adequacy of full-costing for decision making.- From cost system design to pricing and portfolio decisions.- About the adequacy of simulations in management accounting research.- A theory review of relevant simulation models in management accounting.- Price and product-mix decisions under different cost systems.- Extended decision model incorporating cost-stickiness.