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The Impact Of Cost Based Pricing Rules On Capacity Planning Under Uncertainty
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Book Synopsis The Impact of Cost Based Pricing Rules on Capacity Planning Under Uncertainty by : Robert F. Göx
Download or read book The Impact of Cost Based Pricing Rules on Capacity Planning Under Uncertainty written by Robert F. Göx and published by . This book was released on 2002 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the efficiency of three simple cost based pricing heuristics in a two-period capacity planning model with uncertain demand. All policies start with full cost introductory prices but differ with respect to second period pricing. Under quot;adaptive full cost pricingquot; the firm updates second period prices on the basis of current demand conditions and full unit costs, whereas under quot;wait and see pricingquot; second period prices are set on the basis of updated demand information and current opportunity cost of capacity. Finally, under quot;myopic full cost pricingquot; prices remain constant for both periods. Although we identify one special case for which all three heuristics exactly replicate the optimal solution, we find that quot;wait and see pricingquot; dominates quot;adaptive full cost pricingquot;, while the quot;adaptivequot; version of full cost pricing dominates its quot;myopicquot; counterpart. However, we also discuss some factors that may justify the use of quot;full cost pricingquot; in real world planning environments. In particular, if the firm faces significant information and/or communication costs, or if price changes are only likely to occur in the far future, even the simple quot;myopic full cost pricingquot; heuristic may be a reasonable policy.
Book Synopsis Short-run Capacity Planning and Pricing Under Uncertainty by : American Accounting Association. Management Accounting Section. Mid-Year Conference
Download or read book Short-run Capacity Planning and Pricing Under Uncertainty written by American Accounting Association. Management Accounting Section. Mid-Year Conference and published by . This book was released on 1997 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Capacity Planning and Pricing Under Uncertainty by : Robert F. Göx
Download or read book Capacity Planning and Pricing Under Uncertainty written by Robert F. Göx and published by . This book was released on 2000 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider a capacity planning and pricing problem of a monopolist facing uncertain demand. The model framework allows for quot;softquot; and quot;hardquot; capacity constraints as well as for different degrees of demand uncertainty at the time of the capacity and the pricing decision. In particular, we assume that the firm may receive additional demand information at different points of time within the planning horizon. The analysis indicates that the solution of the planning problem crucially depend on the availability of demand information at the time of both the capacity and the pricing decision. In particular, we find that historical capacity acquisition costs are relevant for pricing whenever capacity planning and pricing take place under the same set of information about the state of nature. If the firm has more information at the time of the pricing decision than at the time of capacity planning, only marginal costs are relevant for pricing. We also find that different capacity types only affect the capacity decision but not the nature of optimal prices.
Book Synopsis Handbook of Management Accounting Research by : Christopher S. Chapman
Download or read book Handbook of Management Accounting Research written by Christopher S. Chapman and published by Elsevier. This book was released on 2011-09-14 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume two of the Handbooks of Management Accounting Research consists of two groups of chapters. The first draw together research that has focussed on particular management accounting practices. The second set synthesise contributions to the literature that have been focussed within particular organisational contexts. Volume two concludes with a review of research on how management accounting practice and research varies around the world. Special pricing available if purchased as a set with Volume 1. Documents the scholarly management accounting literature Publishing both in print, and online through Science Direct International in scope
Book Synopsis Short-run Capacity Planning and Pricing Under Uncertainty by : American Accounting Association. Management Accounting Section. Mid-Year Conference
Download or read book Short-run Capacity Planning and Pricing Under Uncertainty written by American Accounting Association. Management Accounting Section. Mid-Year Conference and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis On the Efficiency of Cost-Based Decision Rules for Capacity Planning by : Bala Balachandran
Download or read book On the Efficiency of Cost-Based Decision Rules for Capacity Planning written by Bala Balachandran and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent literature on activity based product costing suggests that using product costs to make long-run product and capacity planning decisions is economically sound. This conclusion relies on the assumption that capacity resources impose quot;softquot; constraints (i.e., capacity can be increased in the short-run on an as-needed basis). However, many capacity resources impose quot;hardquot; constraints (i.e., capacity once installed cannot be changed in the short run). In this paper, we explore the economic loss from using product cost information for capacity planning when capacity constraints are hard. We also examine two other capacity planning rules that adopt an input resource-based perspective to planning capacity. Using simulation experiments, we show that the solution from a quot;bottleneck planningquot; approach dominates the quot;product costquot; based solution and, provides an excellent approximation to the optimal solution to the capacity planning problem.
Book Synopsis Pricing and Capacity Decisions Under Demand Uncertainty by : John Drogosz
Download or read book Pricing and Capacity Decisions Under Demand Uncertainty written by John Drogosz and published by . This book was released on 1998 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Derived Demand and Capacity Planning Under Uncertainty by : Eduardo Marco Modiano
Download or read book Derived Demand and Capacity Planning Under Uncertainty written by Eduardo Marco Modiano and published by . This book was released on 1979 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book EIA Publications Directory written by and published by . This book was released on 1977 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Uncertainty Modeling In Knowledge Engineering And Decision Making - Proceedings Of The 10th International Flins Conference by : Cengiz Kahraman
Download or read book Uncertainty Modeling In Knowledge Engineering And Decision Making - Proceedings Of The 10th International Flins Conference written by Cengiz Kahraman and published by World Scientific. This book was released on 2012-08-10 with total page 1373 pages. Available in PDF, EPUB and Kindle. Book excerpt: FLINS, originally an acronym for Fuzzy Logic and Intelligent Technologies in Nuclear Science, is now extended to Computational Intelligence for applied research. The contributions to the 10th of FLINS conference cover state-of-the-art research, development, and technology for computational intelligence systems, both from the foundations and the applications points-of-view.
Book Synopsis Energy Abstracts for Policy Analysis by :
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1989 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Understanding Risks and Uncertainties in Energy and Climate Policy by : Haris Doukas
Download or read book Understanding Risks and Uncertainties in Energy and Climate Policy written by Haris Doukas and published by Springer. This book was released on 2018-12-10 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors.
Book Synopsis Modelling and Managing Airport Performance by : Konstantinos Zografos
Download or read book Modelling and Managing Airport Performance written by Konstantinos Zografos and published by John Wiley & Sons. This book was released on 2013-06-17 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modelling and Managing Airport Performance provides an integrated view of state-of-the-art research on measuring and improving the performance of airport systems with consideration of both airside and landside operations. The considered facets of performance include capacity, delays, economic costs, noise, emissions and safety. Several of the contributions also examine policies for managing congestion and allocating sparse capacity, as well as for mitigating the externalities of noise, emissions, and safety/risk. Key features: Provides a global perspective with contributing authors from Europe, North and South America with backgrounds in academia, research institutions, government, and industry Contributes to the definition, interpretation, and shared understanding of airport performance measures and related concepts Considers a broad range of measures that quantify operational and environmental performance, as well as safety and risk Discusses concepts and strategies for dealing with the management of airport performance Presents state-of-the-art modelling capabilities and identifies future modelling needs Themed around 3 sections – Modelling Airport Performance, Assessing Airport Impacts, and Managing Airport Performance and Congestion Modelling and Managing Airport Performance is a valuable reference for researchers and practitioners in the global air transportation community.
Book Synopsis The Oxford Handbook of Governance and Public Management for Social Policy by : Karen J. Baehler
Download or read book The Oxford Handbook of Governance and Public Management for Social Policy written by Karen J. Baehler and published by Oxford University Press. This book was released on 2023-02-16 with total page 1065 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public administration plays an integral role at every stage of social policy creation and execution. Program operators' management decisions shape policymakers' perceptions of what can and should be accomplished through social programs, while public administrators wield considerable power to mobilize tangible and intangible resources and fill gaps in policy designs. Furthermore, the cumulative effects of public administrators' daily activities directly influence outcomes for program participants, and may shift policy itself. Location also matters to social policy, as those same administrators are expected to innovate continuously in response to shifting local and national conditions, including changes in budgetary allocations, client needs and capacities, and public attitudes. This Handbook will aim to capture what is being learned across six geographical regions: Africa, Asia, Australasia, Europe, Latin America, and the U.S. and Canada. Specifically, each regional section will contain 6-10 chapters canvassing a particular set of promising practices or emerging challenges at the regional or sub-regional level, in addition to a brief overview written by the section editor. The regional sections will be flanked by integrative chapters. As a whole, the volume contains 65 chapters.
Book Synopsis Management, Information and Educational Engineering by : Hsiang-Chuan Liu
Download or read book Management, Information and Educational Engineering written by Hsiang-Chuan Liu and published by CRC Press. This book was released on 2015-06-11 with total page 1306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains selected Computer, Management, Information and Educational Engineering related papers from the 2014 International Conference on Management, Information and Educational Engineering (MIEE 2014) which was held in Xiamen, China on November 22-23, 2014. The conference aimed to provide a platform for researchers, engineers and academic
Book Synopsis Smallholders, globalization and policy analysis by :
Download or read book Smallholders, globalization and policy analysis written by and published by Food & Agriculture Org.. This book was released on 2004 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenge of meeting the Millennium Development Goals, and particularly the halving of poverty and hunger by 2015, is immense; and particularly so in rural areas where nearly half of the population lives on less than one dollar a day and one-third are undernourished. More than two-thirds of the poor in rural areas are smallholder farmers, whose resources, livelihood patterns and income sources are quite heterogeneous. Smallholders as a group, including the non-poor, still dominate most farming systems of developing countries and, on the positive side, account for a majority of rural employment, most food production and significant export earnings.
Book Synopsis Competitive Capacity Expansion Under Demand Uncertainty by : Bashyam T. C. A.
Download or read book Competitive Capacity Expansion Under Demand Uncertainty written by Bashyam T. C. A. and published by . This book was released on 1994 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
