ACCT-4100 Study Guide - Midterm Guide: Environmental Audit, The Brakes, Quality Function Deployment
5 Mar 2018
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Document Summary
Improve process understanding of the causes for unused capacity: decision relevance, process understanding, cost planning: good capacity planning. Joint (plant) capacity vs. individual (machine) capacity: what to bundle with capacity item, capacity of people, capacity changes over time: technology, product mix: total time on each product dedication, relate capacity decisions and strategy. Info for decision making: process understanding, motivates management for capacity, encourage attitude of searching for ways to improve capacity utilization, be able to calculate the capacity measures. Sustainability: explain the concepts sustainability, and environmental costing, environmental: costs incurred to control, failure, prevent, and assess impacts on human, animal, and plant life, technical, provides mangers with relevant info for decision making. Improves understanding of decisions and processes: behavioral, visibility: long term view of decision making, accountability: occurrences and costs, empowerment: workers to participate in environmental efforts, cultural, shared values, change management mindset, frame environmental issues. Target costing: describe the three outputs of the target costing process.
