Cost Allocation

Cost Allocation
Author: International Institute for Applied Systems Analysis
Publisher: North Holland
Total Pages: 232
Release: 1985
Genre: Business & Economics
ISBN:

Strategic Cost Transformation

Strategic Cost Transformation
Author: Reginald Tomas Lee
Publisher: Business Expert Press
Total Pages: 213
Release: 2018-12-06
Genre: Business & Economics
ISBN: 1631578804

Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making. Your product costs $2.86 to make. What does the number tell you about your operations, how effectively they were run, demand, or how much money you spent on capacity? Nothing. Shouldn’t you know? Accounting information creates a limited picture of operations and true cash performance. Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making.

Pareto Optimality, Game Theory and Equilibria

Pareto Optimality, Game Theory and Equilibria
Author: Panos M. Pardalos
Publisher: Springer Science & Business Media
Total Pages: 872
Release: 2008-07-02
Genre: Mathematics
ISBN: 0387772472

This comprehensive work examines important recent developments and modern applications in the fields of optimization, control, game theory and equilibrium programming. In particular, the concepts of equilibrium and optimality are of immense practical importance affecting decision-making problems regarding policy and strategies, and in understanding and predicting systems in different application domains, ranging from economics and engineering to military applications. The book consists of 29 survey chapters written by distinguished researchers in the above areas.

Cost allocation methods in cooperative transportation planning

Cost allocation methods in cooperative transportation planning
Author: Joen Dahlberg
Publisher: Linköping University Electronic Press
Total Pages: 73
Release: 2018-12-13
Genre:
ISBN: 9176853500

Transportation, together with transportation planning for goods, provides good conditions for economic growth and is a natural part of modern society. However, transportation has negative side effects, including emissions and traffic congestion. A freight forwarder may consolidate shippers’ goods in order to reduce some of the negative side effects, thus reducing emissions and/or congestion as well as operational costs. The negative side effects as well as operational costs can be further reduced if a number of freight forwarders cooperate and consolidate their collective goods flows. Consolidation refers to the process of merging a number of the freight forwarders’ shipments of goods into a single shipment. In this case, the freight forwarders are cooperating with competitors (the other freight forwarders). Fair cost allocations are important for establishing and maintaining cost-efficient cooperation among competing stakeholders. Cooperative game theory defines a number of criteria for fair cost allocations and the problem associated with the decision process for allocating costs is referred to as the cost allocation problem. In this thesis, cooperative game theory is used as an academic tool to study cooperation among stakeholders in two transportation planning applications, namely 1) the distribution of goods bound for urban areas and 2) the transportation of wood between harvest areas and industries. In transportation planning application 1, there is a cooperation among a number of freight forwarders and a municipality. Freight forwarders’ goods bound for an urban area are consolidated at a facility located just outside the urban area. In this thesis, operational costs for distributing the goods are assessed by solving vehicle routing problems. Common methods from cooperative game theory are used for allocating the operational costs among the freight forwarders and the municipality. In transportation planning application 2, forest companies cooperate in terms of the supply and transportation of common resources, or more specifically, different types of wood. Each forest company has harvest areas and industries to which the wood is transported. The resources may be bartered, that is, the forest companies may transport wood from each other’s harvest areas. In the cooperative game theory literature, the stakeholders are often treated equally in the context of transportation planning. However, there seems to be a lack of studies on cooperations where at least one stakeholder differs from the other stakeholders in some fundamental way, for instance, as an initiator or an enabler of the cooperation. Such cooperations are considered in this thesis. The municipality and one of the forest companies are considered to be the initiators in their respective applications. Five papers are appended to this thesis and the overall aim is to contribute to the research into cooperative transportation planning by using concepts from cooperative game theory to develop methods for allocating costs among cooperating stakeholders. The purpose of this thesis is to provide decision support for planners in the decisionmaking process of transportation planning to establish cost-efficient and stable cooperations. Some of the main outcomes of this thesis are viable and practical methods that could be used in real-life situations to allocate costs among cooperating stakeholders, as well as support for decisionmakers who are concerned with transportation planning. This is done by demonstrating the potential of cooperation, such as cost reduction, and by suggesting how costs can be allocated fairly in the transportation planning applications considered. Lastly, a contribution to cooperative game theory is provided; the introduction of a development of the equal profit method for allocating costs. The proposed version is the equal profit method with lexicography, which, in contrast to the former, guarantees to yield at most one solution to any cost allocation problem. Lexicography is used to rank potential cost allocations and the unambiguously best cost allocation is chosen.

Operations Research Proceedings 2006

Operations Research Proceedings 2006
Author: Karl-Heinz Waldmann
Publisher: Springer Science & Business Media
Total Pages: 590
Release: 2007-08-11
Genre: Business & Economics
ISBN: 3540699953

This volume contains a selection of papers referring to lectures presented at the symposium Operations Research 2006 held at the University of Karlsruhe. The symposium presented the state of the art in Operations Research and related areas in Economics, Mathematics, and Computer Science and demonstrated the broad applicability of its core themes, placing particular emphasis on Basel II, one of the most topical challenges of Operations Research.

Principles of Accounting Volume 2 - Managerial Accounting

Principles of Accounting Volume 2 - Managerial Accounting
Author: Mitchell Franklin
Publisher:
Total Pages: 746
Release: 2019-02-14
Genre:
ISBN: 9781680922943

A less-expensive grayscale paperback version is available. Search for ISBN 9781680922936. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.

Sustainable Freight Transport

Sustainable Freight Transport
Author: Vasileios Zeimpekis
Publisher: Springer
Total Pages: 178
Release: 2018-04-20
Genre: Business & Economics
ISBN: 3319629174

This book presents the latest technologies and operational methods available to support sustainable freight transport practices. It highlights market requirements, cutting edge applications, and case studies from innovators in the logistics services industry. The goal is to help bridge the gap between advanced computational techniques and complex applied problems such as those in sustainable transport and logistics operations. Freight transport has traditionally focused on costs and service levels. However, it is no longer possible or socially responsible to neglect the environmental, social, climate, and energy implications of the freight moving globally. This book places sustainability at the forefront of the freight transport agenda. Sustainable Freight Transport: Theory, Models and Case Studies is divided into three sections. Section I focuses on green freight transport policies for air and marine ports. Section II is devoted to using modelling techniques and optimization for achieving sustainable freight transport, while Section III examines policies to support sustainable freight transport practices in urban areas. The contributions come from authors from different areas, backgrounds, and countries to cover a global perspective.

Strategic Cost Analysis

Strategic Cost Analysis
Author: Roger Hussey
Publisher: Business Expert Press
Total Pages: 176
Release: 2012-01-24
Genre: Business & Economics
ISBN: 1606492403

Increasing business competition is compelling managers not only to develop realistic and achievable strategies but also to analyze goals in financial terms and to evaluate performance. Whether in manufacturing, service, or the non-profit sector managers need to know the key methods and techniques of cost analysis. The interaction of the organisation's activities, the influences of the external world and the responsibilities of managers need to be captured in financial terms to plan, control and make decisions. Sales managers, production managers, HR managers, amongst others, are recipients of financial information which they are expected to understand. They need to appreciate the impact of their decisions on costs, selling prices, investment decisions and profit. They must be able to analyse, communicate and act on financial information to be a valuable member of the management team. This text explains in simple language the methods and techniques of cost analysis that can be applied strategically at any level in an organization. The busy manager will find that the cost information provided will help them plan and control the activities for which they are responsible and also make strategic decisions in the most effective way. Whether you are in a manufacturing or service organisation, the book will help you to answer the four questions: What did it cost? What should it have cost? How can we improve? What is our next strategic move? No prior knowledge of accounting or statistics is required. The book defines all key terms and emphasizes the essential knowledge of analyzing cost in a strategic context.