Linear programming and cost accounting

Linear programming and cost accounting

0.00 Avg rating0 Votes
Article ID: iaor1997887
Country: France
Volume: 30
Issue: 3
Start Page Number: 247
End Page Number: 292
Publication Date: Jul 1996
Journal: RAIRO Operations Research
Authors:
Keywords: programming: linear
Abstract:

This paper intends to show the ties between the results of solving linear programs and the methods of allocation of costs in cost accounting. It refers to the method of Kaplan and Thomson and shows its weakness. It extends this method by using pseudo-dual variables defined for any production instead of dual variables which, in the method of Kaplan and Thomson, are just defined for an optimal production in the sense of profit maximization, rarely the case for an actual production.

Reviews

Required fields are marked *. Your email address will not be published.