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πŸ“

Better Business Decisions Using Cost Modeling, Second Edition

✍ Scribed by Sower, Christopher H.; Sower, Victor E


Publisher
Business Expert Press
Year
2015
Tongue
English
Leaves
194
Series
Supply and operations management collection
Edition
Second edition
Category
Library

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✦ Synopsis


This book provides the business professional a concise guide to the creation and effective use of both internal and external cost models. Development of internal cost models is discussed with illustrations showing how they can be deployed to assist in new product development, pricing decisions, make-or-buy decisions and the identification of opportunities for internal process improvement projects. The creation and use of external cost models are discussed providing insight into how their use can drive collaborative improvement efforts among supply chain partners, better prepare for price negotiations, and keep negotiations focused on facts rather than emotions--all while allowing for future discussions with preferred suppliers to focus on more strategic and operational improvement initiatives, and less on pricing. A number of detailed cost model examples are provided to educate on both how cost models are constructed, and to demonstrate how they have been effectively deployed

✦ Table of Contents


Content: 1. Introduction --
2. Constructing cost models --
3. Internal cost models --
4. Other internal cost models --
5. External cost models for procured materials --
6. External cost models for procured services --
7. Total cost of ownership models --
8. Probabilistic cost models --
Epilogue --
Appendix A. Data sources for cost modeling --
Appendix B. Simulation software used to illustrate chapter 8 --
Notes --
References --
Index.

✦ Subjects


Costs, Industrial -- Mathematical models. BUSINESS & ECONOMICS / Industrial Management BUSINESS & ECONOMICS / Management BUSINESS & ECONOMICS / Management Science BUSINESS & ECONOMICS / Organizational Behavior Cost model Should-cost model projected cost model crossover model cost of quality purchasing


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