COST ANALYSIS OBJECTIVES INTRODUCTION MEANING DEFINITIONS TYPES OF COSTS MONETARY COSTS REAL COSTS OPPORTUNITY COSTS ECONOMIC COSTS ACCOUNTING COSTS INCREMENTAL COSTS SUNK COSTS FUTURE COSTS PRIVATE‚ EXTERNAL AND SOCIAL COSTS FIXED / SUPPLEMENTARY / OVERHEAD COSTS VARIABLE / PRIME COSTS REPLACEMENT COSTS PRODUCTION COSTS SELLING COSTS CONTROLLABLE COSTS DIRECT COSTS INDIRECT COSTS SHORT RUN COSTS CURVES LONG RUN COSTS CURVES OBJECTIVES To understand the meaning of cost. To discuss different types
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Samsung Unveils Galaxy Gear Smartwatch BERLIN‚ Sept. 4 — Samsung Electronics unveiled on Wednesday its highly anticipated digital wristwatch that can snap photos‚ track workouts and use an array of apps — gadgetry that the company hopes will catapult it into a market of smart portable devices that leave cellphones in users’ pockets. Named the Samsung Galaxy Gear‚ the so-called smartwatch will join Google Glass as the latest example of wearable technology. The watch is synced to a cellphone
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upgrades in order to reduce risk. Risk assessment Physical security Vulnerability analysis Security effectiveness Consequence Likelihood of attack Note: Each critical infrastructure (CI) follows a RAM process developed specifically for that CI. This white paper provides a general discussion of the RAM approach and does not address the differences between the different RAMs. 2 Analysis Methodology An analysis methodology has been used to assess the vulnerability of physical protection systems
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costs: Never taken into account for economic decisions. Marginal Analysis: Used for profit maximization (deciding how much to produce) where TR and TC are functions of quantity. To maximize profits we take derivative=0 P r o f it M a x im iz a t io n G r a p h For profit maximization‚ marginal revenue should be equal to marginal costs for EACH activity. If MR > MC – increase production If MR < MC – decrease production Demand Curve is the Marginal Benefit curve Consumer Surplus = Net benefit to customers
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4CursSemantica Componential Analysis Classical structuralism 0. Preliminaries From previous study‚ it is known that linguistic analysis proceeds level by level‚ specifying in each case: the primitives of the level‚ the combinatorial operations and rules‚ and finally a representation of the utterance on that level. In the particular case of the semantic level‚ one must specify: a) the sense components ‚ the constructional rules for building complex meaning out of the more elementary
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Supply and Demand Analysis in Convergent Networks by Craig Thompson Bachelor of Engineering (Honors) University of New South Wales‚ 1994 SUBMITTED TO THE SLOAN SCHOOL OF MANAGEMENT IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION AT THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY JUNE 2001 © 2001 Craig Thompson. All rights reserved The author hereby grants to MIT permission to reproduce and to distribute publicly paper and electronic
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System analysis is a structured approach to problem solving that breaks down a system into its compo- nent pieces to determine how these component work together by interacting with each other to achieve their purpose. Descartes emphasised that a problem under consideration should be divided into as many parts as possible and then examined one by one. System analysis as defined by Hoag [1956] is a systematic examination of a problem of choice in which each step of the analysis is made
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QUANTITATIVE TECHNIQUE TOPIC:CLUSTER ANALYSIS USING SPSS INTRODUCTION Grouping similar customers and products is a fundamental marketing activity. It is used‚ prominently‚ in market segmentation. As companies cannot connect with all their customers‚ they have to divide markets into groups of consumers‚ customers‚ or clients (called segments) with similar needs and wants. Firms can then target each of these segments by positioning themselves in a unique segment (such
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corporations have to take. Cost analysis is one of the factors that should be taken into consideration while evaluating financial and investment decisions. This paper reviews the concept of cost analysis‚ how it is used in decision making‚ and how firms usually involve cost analysis in evaluating different projects. Furthermore‚ the paper discusses some of the main concepts that are derived from cost analysis such as cost allocation‚ cost-effectiveness analysis‚ and cost-benefit analysis. In addition‚ some of
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Tesca Works Introduction Michael Burton has recently been hired as the CEO of Tesca Works‚ Inc. Previously he had been the marketing manager for a large manufacturing company and had established a reputation for identifying new consumer trends. Tesca Works Inc. is a California-based generator manufacturing company. The company is well known for manufacturing large‚ heavy-duty generators at a reasonable cost. One of its greatest achievements is that its generators can be easily modified
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