Better business decisions using cost modeling /

Better business decisions using cost modeling /

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Information is power in supply chain operations, negotiations, continuous improvement programs, process improvement, and indeed in all aspects of managing an operation. Accurate and timely information can result in better decisions that translate into the improvement of bottomline results. The devel...

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Bibliographic Details
Main Authors: Sower, Victor E. (Author), Sower, Christopher H. (Author)
Format: Electronic eBook
Language:English
Published: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2015.
Edition:Second edition.
Series:Supply and operations management collection.
Subjects:
Costs, Industrial > Mathematical models.
Cost model
Should-cost model
projected cost model
crossover model
cost of quality
purchasing
negotiation
cost management
strategic sourcing
procurement
Excel applications
supply chain management
make or buy
non-value-added cost reduction
breakeven
learning curve
total cost of ownership
net present value
simulation
expected value
Online Access:An electronic book accessible through the World Wide Web; click to view
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Table of Contents:
  • 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.

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