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On the Connections Among Activity Based Costing, Strategic Optimization Models for Decision Support, and the Resource-Based View of the Firm (Classic Reprint) - Softcover

 
9781332881215: On the Connections Among Activity Based Costing, Strategic Optimization Models for Decision Support, and the Resource-Based View of the Firm (Classic Reprint)

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Excerpt from On the Connections Among Activity Based Costing, Strategic Optimization Models for Decision Support, and the Resource-Based View of the FirmAbout the PublisherForgotten Books publishes hundreds of thousands of rare and classic books.This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.

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Excerpt from On the Connections Among Activity Based Costing, Strategic Optimization Models for Decision Support, and the Resource-Based View of the Firm

The starting point for the developments presented in this paper are experiences on several projects in different firms in which optimization models were created and used to study strategic resource planning questions. In some instances, the models drew on activity based costing (abc) relationships that the firms had implemented independently of the modeling exercises. In other instances, the model builders developed ad hoc ABC relationships to use as inputs to the models. Over time, the generality and importance of the connections between ABC and optimization modeling became much clearer.

Descriptions of resource availabilities, their costs, and their consumption by value adding activities were central constructs in effecting the linkages between ABC and optimization models. In most cases, the models initially sought to identify strategies for minimizing the total cost of meeting forecasted demand, mainly using existing resources. Invariably, though, issues arose about how to identify a comprehensive set of potential new strategic resources, and how these resources could be acquired and deployed to vary product mix so as to maximize net revenues. Resolving such issues in the construction and optimization of strategic planning models with greater scope was difficult. As we shall see, the emerging literature on the resource-based view of the firm (rbv) provides important insights for interpreting and expanding optimization models to address broader strategic questions.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Jeremy F. Shapiro
Verlag: Forgotten Books, 2018
ISBN 10: 1332881211 ISBN 13: 9781332881215
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Paperback. Zustand: New. Print on Demand. This book explores the intricate connections between Activity-Based Costing (ABC), decision-optimizing models, and the Resource-Based View of the Firm (RBV). The author argues that these disciplines, typically seen as separate, offer a synergistic approach to understanding and enhancing a company's strategic decision-making process. The book begins by examining the development of ABC and optimization models in supply chain management, emphasizing their role in optimizing resource allocation and cost minimization. The author then introduces the RBV, a theory that underscores the importance of a firm's resources in achieving sustainable competitive advantage in the marketplace. The book's central premise is that by integrating insights from these three approaches, organizations can gain a deeper understanding of their resource capabilities and leverage them for strategic decision-making. The author illustrates this synergy through real-world case studies of companies that have successfully implemented ABC and optimization models within their supply chains. These examples highlight how these tools facilitate the identification of core competencies and drive the development of effective new strategies. The book concludes by emphasizing the significance of this integrated approach in helping organizations navigate the complexities of modern business environments and ultimately achieve long-term success. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781332881215_0

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