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Price and Product Mix Decisions Under Different Cost Systems Plank 1st ed. 2018 edition
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Price and Product Mix Decisions Under Different Cost Systems
Plank
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.
132 pages, 10 Tables, color; 10 Illustrations, color; 1 Illustrations, black and white; XXV, 132 p.