Financial models and tools for managing lean manufacturing / Sameer Kumar, David Meade.
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Full Text (via Taylor & Francis) |
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| Format: | eBook |
| Language: | English |
| Published: |
Boca Raton, FL :
Auerbach Publications/Taylor & Francis Group,
©2007.
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| Series: | Supply chain integration series.
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Table of Contents:
- Introduction ; Historical Background of the Problem; Objectives of the Study; Important Questions for the Study; Importance of this Study; References; Impact of Management Accounting Methods on Lean Implementation ; Management Accounting; Transition in Focus from Internal to External; Difficulties Presented by the Current forms of Financial Reporting; Just-in-Time (JIT) and Lean Manufacturing Practices; Related Studies and Missing Elements; Problems with Previous Studies; Contributions of this Study; References; Multi-Period Simulation Model of a Factory with Lean Manufacturing ; Experimental Design, Statistical Hypothesis,
- And Data Analysis; Experimental Design; Proposed Hypotheses; Data Analysis; Methods Diagrams; Experimental Factors; Generation of a Random Sales Demand; Inventory Policy; Management Accounting Method; Detailed Description of Data Generation Process; Simulation Model Design; Simulated Factory Parameters; Model Manufacturing Operations; Production Planning Tool; Calculation of the Coming Month Production Schedule; Tracking On-Hand Inventories; Calculation of Income Statements by Accounting Method; Model Execution
- Data Generation; Technical Issues with the Simulation Model; References; Analytical Findings from Lean Manufacturing Factory Operation ; Raw Data and Descriptive Statistics; Test of Hypotheses; Results by Performance Measure and Period; Gross Profit; Net Profit; Sensitivity to Sales Variability; Service Level; Sensitivity Analysis; References.
- ; Conclusions and Implications of Lean Manufacturing Factory Operation ; Summary of Research Findings; Comparison to Previous Studies; Implications for Practice; Limitations; Suggestions for Future Research; Expansion of Time Horizon; Expansion of the Number of Inventory Reduction Policies; Modeled per Dataset; Customer Service Level Measures; Reduction in Reporting Cycle; Expansion of Income Statements; Use of Distribution Other than Normal; Further Development of the Order-Activity Product Costing Method; References; Impact of the Pareto Distribution on Product Cost Calculations ; Introduction; Definition of Problem; Research Questions; Methods; Results; Discussion; Conclusions and Implications of This Research; References; Apendices.