How can this information be used in decision making

Assignment Help Operation Management
Reference no: EM131873461

The Discussion Board (DB) is part of the core of online learning. Classroom discussion in an online environment requires the active participation of students and the instructor to create robust interaction and dialogue.

Every student is expected to create an original response to the open-ended DB question as well as engage in dialogue by responding to posts created by others throughout the week. At the end of each unit, DB participation will be assessed based on both level of engagement and the quality of the contribution to the discussion.

At a minimum, each student will be expected to post an original and thoughtful response to the DB question and contribute to the weekly dialogue by responding to at least two other posts, either the instructor's response to one of your posts, or posts from students. The first contribution must be posted before midnight (Central Time) on Friday of each week.

Two additional responses are required, each on different days, after Friday of each week. Students are highly encouraged to engage on the Discussion Board early and often - at a minimum of three (3) different days each week, as this promotes learning and is an important factor in grading for the Discussion Board assignment.

The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each unit.

Assignment Details

This assignment has 3 parts:

Costs can be categorized in the following ways:

Actual vs. budgeted cost

Full cost vs. direct cost

Fixed vs. variable vs. mixed costs

Relevant vs. irrelevant costs

Product vs. period

Direct vs. indirect

Discuss the following questions:

Why is it important for a company to know the categorization of each cost?

How can this information be used in decision making?

Provide an example of each of the cost categorizations above.

Reference no: EM131873461

Questions Cloud

Similar coupon paying bonds make annual coupon payments : What is his realized yield on the bonds? Assume similar coupon paying bonds make annual coupon payments.
Explain the budget cycle and process : Describe the meaning and the components of a financial reporting system. Explain the budget cycle and process.
Create a plan for negotiation in which address target price : Create a plan for negotiation in which you address: Define the interests of both parties and Set a target price.
A distribution is defined for NOI growth rate : A distribution is defined for NOI growth rate, where the average value remains the same, but the right “tail” of the distribution is longer than the left “tail”
How can this information be used in decision making : Why is it important for a company to know the categorization of each cost? How can this information be used in decision making?
Draw a network diagram : What would happen if a new estimate for task D increases its expected duration from two days to six days? Would the project take longer?
Four primary elements in firm credit policy : What are the four primary elements in a firm’s credit policy?
Beta book compute as adjusted beta of this stock : What will a beta book compute as the “adjusted beta” of this stock?
Major impacts of early globalization : What can that tell us about either "world history" and/or "globalization?"

Reviews

Write a Review

Operation Management Questions & Answers

  Reliability and validity of results of qualitative research

How can we assess the ‘reliability’ and ‘validity’ of the results of qualitative research?

  Market characteristics of each stage of retail life cycle

Identify the market characteristics of each stage of the retail life cycle?

  Determine the break-even point for each range

A manager must decide how many machines of a certain type to purchase. Determine the break-even point for each range.

  How can buyers evaluate the quality or value

How can buyers evaluate the quality or value of these services?

  Determine areas for improvement

Evaluate the efficiency and effectiveness of the process selected in Week Two using the data collected. Determine areas for improvement

  Unknown participant counts and a nonprofit budget

What challenges will you face with unknown participant counts and a nonprofit budget?

  Processing facility is normally distributed

For next year, WebFlix projects that demand at its processing facility is normally distributed with mean 3,600 DVDS per day and standard deviation of 60.

  Amount of resources expended on regaining customers

How could a company control the amount of resources expended on regaining customers, given your concept?

  What are consumer-driven healthcare plans

What are consumer-driven healthcare plans and how do they work? Do you think it would be advantageous to depend on these types of plans instead of the more common employer-defined coverage plans? How about going back to using health insurance for cat..

  Retailers attract and retain more women and minority workers

How can retailers attract and retain more women and minority workers?

  Beverage product using the same labor and equipment

A beverage plant has been producing its botted cola beverage for years. Management wants to now a fruit beverage product using the same labor and equipment.

  How various component of diversity contribute to the synergy

Explain how individual differences might be synergistic to organizational behavior.Describe how various components of diversity contribute to the synergy.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd