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Better Business Decisions Using Cost Modeling, Second Edition - Paperback

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Better Business Decisions Using Cost Modeling, Second Edition - Paperback
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Better Business Decisions Using Cost Modeling, Second Edition - Paperback
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Product Description

by Victor E. Sower (Author), Christopher Sower (Author)

"In this second edition, Vic and Chris have done an excellent job of citing the importance of accurate problem identi cation and the need for validated data input for the decision making process-a must read book for those managers responsible for making operational decisions." - Richard Bozeman, Jr., Author and Inventor, Retired Chief of the Propulsion and Power Division Test Facilities, NASA "I TRULY enjoyed the book and found it very informative. I am not an easy sell when it comes to the quantitative approach however I WAS SOLD! I will never approach future negotiations and future data analysis the same after reading this book. GOOD JOB!"-Peter Birkholz, Managing Partner of the Sam Houston Group LP, Management Consultant-Birkholz Management Co., LLC -- Information is power in supply chain operations, negotiations, continuous improvement programs, process improvement, and indeed in all aspects of managing an operation. Accurate and timely information can result in better decisions that translate into the improvement of bottom-line results. This book provides the business professional a concise guide to the creation and effective use of both internal and external cost models. Development of internal cost models is discussed with illustrations showing how they can be deployed to assist in new product development, pricing decisions, make-or-buy decisions, and the identi cation of opportunities for internal process improvement projects.

Author Biography

Dr. Victor (Vic) Sower is distinguished professor emeritus of operations management at Sam Houston State University (SHSU). He taught courses in operations management, quality management, technology and innovation management, and supply chain management, and established the Sower Business Technology Laboratory. He earned numerous awards for his teaching and research including the SHSU university-wide excellence in teaching award, the excellence in research award, the excellence in service award, and was named a Piper Professor in 2005 by the Minnie Stevens Piper Foundation of Texas. He also is president emeritus at Sower & Associates, LLC.

Number of Pages: 195
Dimensions: 0.41 x 9 x 6 IN
Publication Date: February 17, 2015
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