Analytics for Managerial Decision Making
Analytics for Managerial Decision MakingCost Characteristics and Decision-Making RamificationsSunk Costs VS. Relevant CostsA Basic Illustration of Relevant Cost/Benefit AnalysisComplicating FactorsBusiness Decision LogicOutsourcingOutsourcing IllustrationCapacity Considerations in OutsourcingIllustration of Capacity ConsiderationsQualitative Issues in OutsourcingSpecial OrdersCapacity Constraints and the Impact on Special Order PricingDiscontinuing a Product, Department, or ProjectThe 80/20 ConceptCapital Expenditure DecisionsManagement StewardshipLogic Justification of Capital DecisionsCompound Interest and Present ValueCompound InterestFuture Value of AnnuitiesFuture Value of an Annuity DueFuture Value of an Ordinary AnnuityPresent ValuePresent Value of an Annuity DuePresent Value of an Ordinary AnnuityElectronic Spreadsheet FunctionsChallenge Your ThinkingEvaluation of Long-Term ProjectsNet Present ValueImpact of Changes in Interest RatesEmphasis on After Tax Cash FlowsAccounting Rate of ReturnInternal Rate of ReturnPayback MethodConclusion