Theoretical and Applied Economics
No. 5 / 2007 (510)
The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency
Costantin Roman
Academia de Studii Economice, Bucuresti
Abstract. The determination of the production cost has a special importance in decision optimizing due to the functions this economic indicator fulfills in the industrial plants. Production potential maintenance of a plant depends on how it succeeds to recover the cost of the accomplished use values by marketing and its prosperity and rhythm of development depend on the difference between the sums cashed from selling the products and the expenses incurred in obtaining and marketing them. Operative determination of the indicators regarding production costs as well as the permanent exercising of administration control per responsibility centers, by measuring the results of the activity carried out within such centers, are requirements that the piloting of the plant depends on in order to achieve economic efficiency.
Contents
R.M. Solow Adjusted Model of Economic Growth
Multidisciplinary Optimization in Services Management
IAS 41 Agriculture: Fair Value Accounting
Model Proposition for the Fiscal Policies Analysis Applied in Economic Field
The Operational Risk in the Outlook of the Basel II Accord Implementation
Structural Instruments – the New Challenge for Romania. Investment Fields and the Beneficiaries for the Operational Programs 2007-2013
The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency
The International Trade in Global Economy
The Stress’ Management and Time Budget