Coverart for item
The Resource Price and product-mix decisions under different cost systems, Philipp Plank ; with a foreword by Carsten Homburg, (electronic resource)

Price and product-mix decisions under different cost systems, Philipp Plank ; with a foreword by Carsten Homburg, (electronic resource)

Label
Price and product-mix decisions under different cost systems
Title
Price and product-mix decisions under different cost systems
Statement of responsibility
Philipp Plank ; with a foreword by Carsten Homburg
Creator
Subject
Language
eng
Summary
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. Contents 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 Target Groups Academics and students in the fields of planning and accounting Practitioners in controlling The Author Philipp Plank received his doctoral degree from the University of Cologne under the supervision of Prof. Dr. C. Homburg. He now works as a project manager und data scientist
Member of
Cataloging source
OL$
http://library.link/vocab/creatorName
Plank, Philipp
Dewey number
657.42
LC call number
HF5686.C8
LC item number
P55 2018
Series statement
Gabler research. Quantitatives controlling
http://library.link/vocab/subjectName
  • Costs, Industrial
  • Cost accounting
  • Activity-based costing
  • Pricing
Label
Price and product-mix decisions under different cost systems, Philipp Plank ; with a foreword by Carsten Homburg, (electronic resource)
Instantiates
Publication
Bibliography note
Includes bibliographical references
Control code
OCM1bookssj0002004944
Dimensions
21 cm
Dimensions
unknown
Extent
xxv, 132 pages
Governing access note
License restrictions may limit access
Isbn
9783658193201
Lccn
2017468347
Other physical details
illustrations
Specific material designation
remote
System control number
(WaSeSS)ssj0002004944
Label
Price and product-mix decisions under different cost systems, Philipp Plank ; with a foreword by Carsten Homburg, (electronic resource)
Publication
Bibliography note
Includes bibliographical references
Control code
OCM1bookssj0002004944
Dimensions
21 cm
Dimensions
unknown
Extent
xxv, 132 pages
Governing access note
License restrictions may limit access
Isbn
9783658193201
Lccn
2017468347
Other physical details
illustrations
Specific material designation
remote
System control number
(WaSeSS)ssj0002004944

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      38.710138 -90.311107
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