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Part A:
Allocation of indirect costs is an area of constant discussion in many companies, with division, department, and product managers often questioning the amount of indirect costs allocated to their respective sections. Describe methods which may be used to allocate support costs within organizations containing multiple support departments. Discuss advantages and disadvantages of the various methods. What is the role of the cost accountant in these cases? Discuss examples of bundled products or services. Why would businesses want to sell bundled products? What benefits, if any, are there for the consumer?
Part B:
Why do companies need to allocate joint costs? Should joint cost be included in deciding making and/or performance evaluation? Discuss the approaches and methods used to allocate joint cost, along with the strengths and weaknesses of each approach. Show how the physical measure and constant gross margin NRV methods can sometimes give less-than-optimal results.
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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