Subject category:
Finance, Accounting and Control
Published by:
IMA - The Association of Accountants and Financial Professionals in Business
Length: 8 pages
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Abstract
This is a Simplified Chinese version. This case tells the story of the transition of a traditionally managed manufacturing facility to a lean facility. It describes the difficulties using volume-based standard costing methods to manage a plant that is trying not to produce excess volume. The case prompts discussion on traditional income statement reporting versus value stream costing, product-related decisions, capacity analysis, and performance measurement alignment with strategy.
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Abstract
This is a Simplified Chinese version. This case tells the story of the transition of a traditionally managed manufacturing facility to a lean facility. It describes the difficulties using volume-based standard costing methods to manage a plant that is trying not to produce excess volume. The case prompts discussion on traditional income statement reporting versus value stream costing, product-related decisions, capacity analysis, and performance measurement alignment with strategy.
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Simplified Chinese language

