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Price and Product-Mix Decisions Under Different Cost Systems

Bag om Price and Product-Mix Decisions Under Different Cost Systems

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.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783658193201
  • Indbinding:
  • Paperback
  • Sideantal:
  • 132
  • Udgivet:
  • 8. september 2017
  • Udgave:
  • 12018
  • Vægt:
  • 2155 g.
  • 8-11 hverdage.
  • 3. december 2024
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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.

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