Version 18 October 2007 Managerial Economics – Concerned with the application of economic principles and methods to the decision making process under conditions of uncertainty. Theory Tools: Micro Economics‚ Statistics‚ Econometrics (OLS) Software and Decision Support Tools: Excel‚ Matlab‚ B34S Goal: Develop a systematic and reproducible decision making strategy. Common Tasks facing a Modern Manager: Whether to lease or buy equipment? How to determine the shape of the cost curve
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Birzeit University MBA Program Managerial Accounting BUSA 631 Spring 2013 Case 3 The Rohr Company’s old equipment for making subassemblies is worn out. The company is considering two courses of action: (a) Completely replacing the old equipment with new equipment or (b) Buying subassemblies from a reliable outside supplier‚ who has quoted a unit price of $1 on a 7-year contract for a minimum of 50‚000 units per year. Production was 60‚000 units in each of the past 2 years. Future
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staff training of AASA 8 Operating Segment! AASB 8 applies to annual reporting period beginning on/after 1 Jan 2009 and supersedes AASB 114 Segment Reporting when adopted. Operating Segments specifies the use of a ‘through the eyes of the management’ approach to an entity’s reporting of information relating to its operating segments in annual financial reports‚ and also requires an entity to report financial and descriptive information about its reportable segments. AASB 8 is applicable to for-profit
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CLICK TO DOWNLOAD MAT540 Week 8 Homework Chapter 4 14. Grafton Metalworks Company produces metal alloys from six different ores it mines. The company has an order from a customer to produce an alloy that contains four metals according to the following specifications: at least 21% of metal A‚ no more than 12% of metal B‚ no more than 7% of metal C and between 30% and 65% of metal D. The proportion of the four metals in each of the six ores and the level of impurities in each ore are provided
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Week 8 Assignment 4 Internet Technology‚ Marketing‚ and Security James Bradley Stroble Dr. Akpan BUS508 Contemporary Business November 30‚ 2012 Social media marketing has become exceedingly popular among business of all sizes. So many people use social networks every day. Marketing for business can get very expensive. With social networking‚ businesses can promote their products and build their fan base. A business can use Facebook or Twitter to alert customers
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2/c Tyler Hames Managerial Accounting Case: A4-61 PROBLEM STATEMENT: Axis Systems specializes in servers for work-group‚ e-commerce and ERP applications. The company’s original job costing system has two direct cost categories: direct materials and direct labor. Overhead is allocated to jobs at the single rate of $22 per direct labor hour. The CFO recently spear headed the allocation issue of jobs and came up with an ABC system to compare to the traditional accounting system. Axis System has
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The failed strategy of the Sega Dreamcast The Dreamcast was a home video game console manufactured by Sega. It was released in 1998. A whole two years before its rival Sony came out with the Playstation 2 video game console (Hosch‚ L. William). Just a year after Sony came out with their Playstation 2 video game console‚ Sega stopped making video game consoles altogether. Sega now focuses on developing games for consoles made by their once rivals (Lambie‚ Ryan). On the other hand Sony‚ Microsoft
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Strategic Leadership and Entrepreneurship Analysis Jonathan Mendez MGT 660 February 25‚ 2015 Strategic Leadership and Entrepreneurship Analysis The sphere of influence is a concept that management uses to examine the strategic intent of the portfolio of a company and its implication to the strategy of competition (Hoskisson‚ Hitt‚ Wan & Yiu‚ 1999). Spheres of influence enhance manoeuvring competitors into a corner‚ reduce the price wars through mutually assured destruction and shape the industry
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Prolix Initiative - Care workers case study Introduction Kevin Pudney and Malcolm Rose have worked in the care sector for over 20 years. Their most recent job is part of a European project aimed at improving training and development in business and ’speeding the time to competency’. More information on the research project is available on the Prolix website (www.prolixproject.org). The project was conducted in partnership with Social Care Institute of Excellence. The social care sector in UK was
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ACCOUNTING TOOLS FOR BUSINESS DECISION MAKING SIXTH EDITION MANAGERIAL This page intentionally left blank Jerry J. Weygandt PhD‚ CPA University of Wisconsin—Madison Madison‚ Wisconsin Paul D. Kimmel PhD‚ CPA University of Wisconsin—Milwaukee Milwaukee‚ Wisconsin John Wiley & Sons‚ Inc. Donald E. Kieso PhD‚ CPA Northern Illinois University DeKalb‚ Illinois Dedicated to the Wiley sales representatives who sell our books and service our adopters in a professional and ethical
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