Explicit Cost Dynamics

Author : Reginald Tomas Yu-Lee
Publisher : John Wiley & Sons
Page : 239 pages
File Size : 50,9 Mb
Release : 2002-02-28
Category : Business & Economics
ISBN : 9780471047117

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Explicit Cost Dynamics by Reginald Tomas Yu-Lee Pdf

GETTING TO THE BOTTOM OF THE BOTTOM LINE Traditional cost management systems typically defeat their own purpose by leading corporations to make decisions that ultimately do not optimize performance. These systems are the foundation for decisions that are made throughout the corporation. In order for organizations to increase performance beyond current capabilities, a new approach is needed that addresses issues such as understanding the true impact of various actions on the bottom line-and eliminating methods that distort numbers and narrow options. Explicit Cost Dynamics (ECD) offers such an alternative, and this expertly written, revolutionary book provides an indispensable introduction to the subject. Informative and easy-to-read, Explicit Cost Dynamics: Provides an alternative view and understanding of the impact of costs, actions, and time on the bottom line of a corporation Explains how this new theory can lead to an overall profit maximization Shows that costs can be considered as either a function of activities performed, as a function of resources expended, or of time Shows that the difference between explicit dollars flowing into and out of a company is equal to the rate of change of cash . . . and much more to help CEOs, CFOs, controllers, cost managers, financial managers, and others involved in the decision-making process improve their organizations' overall bottom lines.

Author : Reginald Tomas Lee, Sr.
Publisher : Business Expert Press
Page : 240 pages
File Size : 42,7 Mb
Release : 2016-02-18
Category : Business & Economics
ISBN : 9781631570667

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Lies, Damned Lies, and Cost Accounting by Reginald Tomas Lee, Sr. Pdf

Business leaders rely on accounting data such as profit and calculated costs as a guide to whether they are making money. Should they? Accounting was designed to report financial performance not model cash flow. Accruals can disconnect cash flow from the timing and extent to which it occurs. Statements of cash flow do not provide insight into what was bought and how efficiently it was used. Costs and profits are not absolute, they change based on the model you use to calculate them. To manage cash, you must manage what you buy and how effectively you use it. The largest expenditure for most companies is capacity; space, labor, materials, equipment, and technology. Unless you model and manage capacity effectively, you will not achieve the cash flow results you seek. This book introduces capacity management, describes cash flow dynamics, and offers ideas about how to manage both. After reading it, you be able to see, understand, and manage cash flow as never before.

Author : Reginald Tomas Lee
Publisher : Business Expert Press
Page : 550 pages
File Size : 44,6 Mb
Release : 2022-08-08
Category : Business & Economics
ISBN : 9781637424230

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Operations and Cash Management Series by Reginald Tomas Lee Pdf

Now you can own all of Reginald's books in one convenient set! Lies, Damned Lies, and Cost Accounting Business leaders rely on accounting data such as profit and calculated costs as a guide to whether they are making money. Should they? Accounting was designed to report financial performance not model cash flow. Accruals can disconnect cash flow from the timing and extent to which it occurs. Statements of cash flow do not provide insight into what was bought and how efficiently it was used. Costs and profits are not absolute, they change based on the model you use to calculate them. To manage cash, you must manage what you buy and how effectively you use it. The largest expenditure for most companies is capacity; space, labor, materials, equipment, and technology. Unless you model and manage capacity effectively, you will not achieve the cash flow results you seek. This book introduces capacity management, describes cash flow dynamics, and offers ideas about how to manage both. After reading it, you be able to see, understand, and manage cash flow as never before. Strategic Cost Transformation 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. Project Profitability Consultants and internal project teams often make substantial claims about the savings opportunities resulting from their projects. Most of the time, these claims do not come true. Project Profitability explains why these opportunities are not realized and offers a framework that will guarantee your teams identify projects that align with your strategy, calculate cash savings appropriately, and realize these cash savings upon implementation. Customers of consulting organizations can use this book to keep their consultants honest when savings are promised. Consulting organizations can use this book to help document the value their solutions bring, how much of that value can be realized, and what’s necessary to achieve it. If you are a consultant, you do not want to risk having your customer know the content of this book and challenge the value promise!

Author : Reginald Tomas Yu-Lee
Publisher : John Wiley & Sons
Page : 260 pages
File Size : 54,7 Mb
Release : 2002-10-15
Category : Business & Economics
ISBN : 9780471272793

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Essentials of Capacity Management by Reginald Tomas Yu-Lee Pdf

ESSENTIALS OF CAPACITY MANAGEMENT Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in capacity management. "Proper capacity management is the driving force behind outstanding corporate performance. Essentials of Capacity Management clearly describes its impact on operations, as well as how to use measurement systems and process analysis to enhance capacity usage. This is a solid foundation in capacity management for the business professional!" —Steve Bragg, Author "Although capacity management is a fundamental concern, it-like many other fundamentals-is often scanted. In fact, there's little that's more important to most companies than their ability to manage their capacity, which is simply the ability to do work. Essentials of Capacity Management does a great job of giving a quick, yet thorough, overview of the many considerations involved." —Barry J. Brinker, Editor, Guide to Cost Management (John Wiley & Sons) "This book does an excellent job of relating processes to capacity. Managers and executives will better understand that managing the effectiveness and efficiency of processes reduces the amount of capacity required, thus providing an opportunity to reduce costs while improving process quality and reducing process time. It shows the relationship of capacity to demand on downstream processes. It shows that process flexibility reduces required capacity." —John Antos, President, Value Creation Group, Inc. The Wiley Essentials Series-because the business world is always changing...and so should you.

Author : Royal Economic Society
Publisher : Springer
Page : 288 pages
File Size : 52,5 Mb
Release : 1977-06-17
Category : Business & Economics
ISBN : 9781349018635

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Surveys of Applied Economics by Royal Economic Society Pdf

Author : Reginald Tomas Lee
Publisher : Business Expert Press
Page : 178 pages
File Size : 51,6 Mb
Release : 2018-12-06
Category : Business & Economics
ISBN : 9781631578809

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Strategic Cost Transformation by Reginald Tomas Lee Pdf

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.

Author : Manfred Gilli
Publisher : Springer Science & Business Media
Page : 284 pages
File Size : 55,7 Mb
Release : 2013-03-09
Category : Political Science
ISBN : 9789401587433

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Computational Economic Systems by Manfred Gilli Pdf

The approach to many problems in economic analysis has changed drastically with the development and dissemination of new and more efficient computational techniques. Computational Economic Systems: Models, Methods & Econometrics presents a selection of papers illustrating the use of new computational methods and computing techniques to solve economic problems. Part I of the volume consists of papers which focus on modelling economic systems, presenting computational methods to investigate the evolution of behavior of economic agents, techniques to solve complex inventory models on a parallel computer and an original approach for the construction and solution of multicriteria models involving logical conditions. Contributions to Part II concern new computational approaches to economic problems. We find an application of wavelets to outlier detection. New estimation algorithms are presented, one concerning seemingly related regression models, a second one on nonlinear rational expectation models and a third one dealing with switching GARCH estimation. Three contributions contain original approaches for the solution of nonlinear rational expectation models.

Author : Anonim
Publisher : Unknown
Page : 438 pages
File Size : 50,6 Mb
Release : 1966
Category : Airplanes
ISBN : CORNELL:31924004468835

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NASA-University Conference on Manual Control by Anonim Pdf

Author : NASA-University Conference on Manual Control
Publisher : Unknown
Page : 438 pages
File Size : 55,5 Mb
Release : 1966
Category : Airplanes
ISBN : UOM:39015047376663

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Proceedings by NASA-University Conference on Manual Control Pdf

Author : Reginald Tomas Lee
Publisher : Business Expert Press
Page : 181 pages
File Size : 43,9 Mb
Release : 2022-02-22
Category : Business & Economics
ISBN : 9781637421703

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Project Profitability by Reginald Tomas Lee Pdf

Project Profitability explains why opportunities are not realized and offers a framework that will guarantee your teams identify projects that align with your strategy, calculate cash savings appropriately, and realize these cash savings upon implementation. Consultants and internal project teams often make substantial claims about the savings opportunities resulting from their projects. Most of the time, these claims do not come true. Project Profitability explains why these opportunities are not realized and offers a framework that will guarantee your teams identify projects that align with your strategy, calculate cash savings appropriately, and realize these cash savings upon implementation. Customers of consulting organizations can use this book to keep their consultants honest when savings are promised. Consulting organizations can use this book to help document the value their solutions bring, how much of that value can be realized, and what’s necessary to achieve it. If you are a consultant, you do not want to risk having your customer know the content of this book and challenge the value promise!

Author : Anonim
Publisher : Unknown
Page : 612 pages
File Size : 51,8 Mb
Release : 2004
Category : Industrial management
ISBN : UOM:39015058917801

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Industrial Management by Anonim Pdf

Author : Thomas J. Goldsby,Robert Martichenko
Publisher : J. Ross Publishing
Page : 304 pages
File Size : 45,9 Mb
Release : 2005-08-15
Category : Business & Economics
ISBN : 1932159363

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Lean Six Sigma Logistics by Thomas J. Goldsby,Robert Martichenko Pdf

Speed to market, reducing costs, and accelerating leadtimes are vital for survival in today's competitiveenvironment. Inventory is no longer considered an asset,and strategies are needed to operate with minimalinventories. Lean Six Sigma Logistics provides thevehicle to solidify strategic position, win overcustomers, and achieve ......

Author : Francesco Montomoli
Publisher : Springer
Page : 198 pages
File Size : 40,5 Mb
Release : 2018-06-21
Category : Technology & Engineering
ISBN : 9783319929439

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Uncertainty Quantification in Computational Fluid Dynamics and Aircraft Engines by Francesco Montomoli Pdf

This book introduces design techniques developed to increase the safety of aircraft engines, and demonstrates how the application of stochastic methods can overcome problems in the accurate prediction of engine lift caused by manufacturing error. This in turn addresses the issue of achieving required safety margins when hampered by limits in current design and manufacturing methods. The authors show that avoiding the potential catastrophe generated by the failure of an aircraft engine relies on the prediction of the correct behaviour of microscopic imperfections. This book shows how to quantify the possibility of such failure, and that it is possible to design components that are inherently less risky and more reliable. This new, updated and significantly expanded edition gives an introduction to engine reliability and safety to contextualise this important issue, evaluates newly-proposed methods for uncertainty quantification as applied to jet engines. Uncertainty Quantification in Computational Fluid Dynamics and Aircraft Engines will be of use to gas turbine manufacturers and designers as well as CFD practitioners, specialists and researchers. Graduate and final year undergraduate students in aerospace or mathematical engineering may also find it of interest.

Author : Gianluigi Rozza,Giovananni Stabile,Francesco Ballarin
Publisher : SIAM
Page : 501 pages
File Size : 41,9 Mb
Release : 2022-11-21
Category : Mathematics
ISBN : 9781611977257

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Advanced Reduced Order Methods and Applications in Computational Fluid Dynamics by Gianluigi Rozza,Giovananni Stabile,Francesco Ballarin Pdf

Reduced order modeling is an important, growing field in computational science and engineering, and this is the first book to address the subject in relation to computational fluid dynamics. It focuses on complex parametrization of shapes for their optimization and includes recent developments in advanced topics such as turbulence, stability of flows, inverse problems, optimization, and flow control, as well as applications. This book will be of interest to researchers and graduate students in the field of reduced order modeling.

Author : T. Basar,L. F. Pau
Publisher : Elsevier
Page : 488 pages
File Size : 49,7 Mb
Release : 2014-05-17
Category : Business & Economics
ISBN : 9781483153315

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Dynamic Modelling and Control of National Economies 1983 by T. Basar,L. F. Pau Pdf

Dynamic Modelling and Control of National Economies 1983 contains the proceedings of the Fourth IFAC/IFORS/IIASA Conference and the 1983 SEDC Conference on Economic Dynamics and Control held at Washington D.C., USA on June17-19, 1983. Separating the 65 papers presented in the conference as chapters, this book covers a broad class of problems or notions arising both in economic theory, control applications to planning, and implementation issues. Some chapters discuss multi-level interactions of government and private sectors in economic development; inflation and economic policy in an open economy; foreign debt and exchange rate stability in a developing country; and expectations in numerical general equilibrium models. This book also explains a rational decision-making process for resource policymaking; inference of the structure of economic reasoning from natural language analysis; modeling and analysis of a national economy; and methodological issues in global modeling. Econometric analysis of the economic effects of population change, aspects of optimal estimation control strategies in econometrics, and optimal policies for interdependent economies are also discussed. This book will be useful to those engaged in economic and control theory research.