All tagged cost accounting
So you want to spend money, but it is difficult to figure out if its worth it. ` Or you’ve been tasked with calculating the Return on Investment (ROI) for a piece of equipment or undertaking a new initiative. Where to start? ROI = [△(Sales-TVC) - △Operating Expenses] / △Investment (△ is delta or “change in”)
I've seen many examples of end-of-the-month syndrome, but this example from Airbus is a great example of the same effect happening at the end of the year.
Thomas Corbett's _Throughput Accounting_ is a quick read and very familiar for someone who has been in the Theory of Constraints world. I wonder if anyone comes to TOC via this route, rather than through The Goal and some of the other business novels.