@article{1359062,
      author = {Plank, Philipp., and Homburg, Carsten,},
      url = {http://library.usi.edu/record/1359062},
      title = {Price and Product-Mix Decisions Under Different Cost  Systems /},
      abstract = {Philipp Plank analyses the question, what drives the  quality of cost-systems and is the quality of cost-systems  directly and at best positively related to the firms'  performance. In other words, is it worth investing in  complex cost allocation systems or are there environmental  and/or production settings in which less enhanced systems  perform adequately. Using simulations, a benchmark firm  (first-best solution) perfectly allocating cost to products  is compared to firms implementing heuristic cost-allocation  schemes (second-best solution) to identify the profit gap  resulting from decisions based on limited information. Into  this discussion, the idea of cost-stickiness is integrated,  thereby indicating a new planning approach. Contents About  the adequacy of full-costing for decision making From cost  system design to pricing and portfolio decisions About the  adequacy of simulations in management accounting research A  theory review of relevant simulation models in management  accounting Price and product-mix decisions under different  cost systems Extended decision model incorporating  cost-stickiness Target Groups Academics and students in the  fields of planning and accounting Practitioners in  controlling The Author Philipp Plank received his doctoral  degree from the University of Cologne under the supervision  of Prof. Dr. C. Homburg. He now works as a project manager  und data scientist.},
      doi = {https://doi.org/10.1007/978-3-658-19321-8},
      recid = {1359062},
      pages = {1 online resource (XXV, 132 pages 11 illustrations, 10  illustrations in color.)},
}