January 2013
Intermediate to advanced
544 pages
16h 35m
English
book
Accounting for Managers: Interpreting Accounting Information for Decision-Making, Canadian Edition
by Paul M. Collier, Sandy M. Kizan, Eckhard Schumann
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CHAPTER 9
Operating Decisions
LEARNING OBJECTIVES
After reading this chapter, you should be able to answer the following questions:
How is the operations function in manufacturing companies different from the operations function in service companies?
Why is it important to calculate the cost of unused capacity? How is this information used in decision making?
How can a company maximize profitability by altering the product mix and improving bottleneck operations?
How does the analysis of relevant costs in operating decisions improve decision making?
Why is it important to monitor and control the costs of quality and environmental costs within companies?
This chapter introduces the operations function in companies, and contrasts the different operating decisions faced by manufacturing businesses and service businesses. Operational decisions, such as capacity utilization, the cost of spare capacity, and the product/service mix under capacity constraints are considered. The relevant costs ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.