scholarly journals Total educational costs of an integrated nursing curriculum

2009 ◽  
Vol 17 (1) ◽  
pp. 14-20 ◽  
Author(s):  
Maria Cristina Cescatto Bobroff ◽  
Pedro A. Gordan ◽  
Mara Lúcia Garanhani
Keyword(s):  
Data Collection ◽  
Cost Estimation ◽  
Model Development ◽  
Cost Evaluation ◽  
Nursing Curriculum ◽  
Undergraduate Nursing ◽  
Support Costs ◽  
Development Data ◽  
The Cost ◽  
Educational Costs

Innovative changes in undergraduate Nursing programs have brought about new methodologies and the need for cost evaluation. This study aims to develop a model for cost estimation, and to estimate educational costs of an integrated Nursing curriculum at a public university. This is a case study conducted in stages: model development, data collection, analysis and interpretation. The cost-construction model consisted of six steps: data collection; educational and support activity costs; four-year course educational costs; educational support costs; joint product costs and total educational costs. Findings showed a total educational cost per student/year US$ 3,788.82. Course team faculty included 97 members. The cost analysis in faculty contact hours is the most appropriate cost unit as it most consistently reflects faculty time devoted to teaching. The knowledge about educational costs provided information that may be useful for a different approach to the integrated curriculum management, with a view to putting its educational objectives in practice.

Service-Oriented Cost Allocation for Business Intelligence and Analytics

2017 ◽  
Vol 7 (2) ◽  
pp. 40-57 ◽  
Author(s):  
Raphael Grytz ◽  
Artus Krohn-Grimberghe
Keyword(s):  
Business Intelligence ◽  
Cost Estimation ◽  
Cost Allocation ◽  
Cost Evaluation ◽  
Allocation Model ◽  
Pricing Scheme ◽  
Service Portfolio ◽  
Service Oriented ◽  
The Cost ◽  
Cost Awareness

Quantifying and designing the cost pool generated by Business Intelligence and Analytics (BI&A) would improve cost transparency and invoicing processes, allowing a fairer, more exact allocation of costs to service consumers. Yet there is still no method for determining BI&A costs to provide a base for allocation purposes. While literature describes several methods for BI&A cost estimation on an ROI or resource-consumption level, none of these methods considers an overall approach for BI&A. To tackle this problem, the authors propose a service- oriented cost allocation model which calculates BI&A applications based on defined services, enabling a cost transfer to service consumers. This new approach specifies steps towards deriving a usable pricing scheme for an entire BI&A service portfolio – both for allocation purposes as well as improving cost evaluation of BI&A projects. Moreover, it increases customer understanding and cost awareness. Based on this approach, the authors introduce a BI&A value creation cycle which helps customers to use BI&A services cost-effectively.

scholarly journals A Generic Cost Estimating Approach for a Composite Manufacturing Process Assessment

2021 ◽  
Author(s):  
Justyna Rybicka ◽  
Teresa Purse ◽  
Brett Parlour
Keyword(s):  
Cost Estimation ◽  
Model Development ◽  
Manufacturing Processes ◽  
Cost Estimating ◽  
Estimation Model ◽  
Composite Manufacturing ◽  
Composites Manufacturing ◽  
Cost Estimation Model ◽  
High Level ◽  
The Cost

Cost estimation helps build confidence in the feasibility of the development of novel manufacturing processes. This paper focuses on the exploration of the cost estimation for novel manufacturing processes for decision support. One of the aspects of estimation is building credibility around the analysis, especially, in the early stages of planning. Cost estimating guidelines provide a good overview of the cost estimation steps but there is a requirement for guidelines for cost estimation model development. Through building on an understanding of the cost estimation principles, as well as cost estimation modelling, a high-level generic approach for process cost estimation is proposed. Further, a demonstration of a cost estimation modelling approach used for composites manufacturing in the automotive sector is provided, outlining the steps in cost estimation model development.

scholarly journals Activity-based costing (ABC) Model for Public Higher Education Institutions (PHEI) : A guide for a Model development

2013 ◽  
Vol 7 (3) ◽  
pp. 1089-1100
Author(s):  
Jamalludin Helmi Hashim
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Model Development ◽  
Current Method ◽  
Abc Model ◽  
Activity Based Costing ◽  
Study Approach ◽  
Support Costs ◽  
Traditional Costing ◽  
The Cost

The purpose of this study is to develop the Activity-based costing (ABC) model for Bachelor of Accountancy (BACC) program in University of Excellence (UoE) Malaysia. A case study approach using the professional software, ABM-SAS, and the actual expenses figure for BACC for the year 20XX were used to develop the ABC model in this study. The finding showed that the cost computed using the ABC Model is lower as compared to the cost from the traditional (current) method, i.e. RM 8,678.54 and RM 10,509.99, respectively.  The differences amounted RM 1,830.55 in cost calculated by these two systems is not surprising. It is expected as many other researchers have discovered the same pattern on the lower cost of ABC as compared to the traditional method due to several reasons. Among others are,  (i) the inability of the traditional costing system in spreading their costs over larger numbers of students, ii) the support services do not benefit the programmes uniformly and, iii) there were internal cross-subsidies among departments and seriously distorted if support costs were allocated based on head counts. As such, this study confirmed the ability of ABC to act in higher education institutions with the same functions as its functions in the profit and manufacturing setting.

scholarly journals Electronic versus Paper-based data collection for conducting health-care research: A cost-minimization analysis

2021 ◽  
Author(s):  
Sirshendu Chaudhuri ◽  
Bhavani Shankara Bagepally ◽  
Ditipriya Bhar ◽  
S. Uday Kumar
Keyword(s):  
Data Collection ◽  
Cost Estimation ◽  
Health Research ◽  
Cost Minimization ◽  
Health Care Research ◽  
Base Case ◽  
Institutional Perspective ◽  
Electronic Data Collection ◽  
Cost Minimization Analysis ◽  
The Cost

Abstract Introduction- Containing expenditure and efficient resource use is essential to limit the increasing costs of health research. Electronic data collection (EDC) is thought to reduce the costs compared to paper-based data collection (PDC). Economic evidence in this area is scanty, especially in low and middle-income countries. Hence, an economic evaluation was conducted to compare the cost between EDC and PDCMethods- A cost-minimization study was conducted to compare between EDC and PDC from the institutional perspective for the year 2018, based on a community-based survey. Step-down cost accounting was adopted with a bottom-up approach for cost estimation. Total and unit costs were estimated with the base case comparison between EDC and PDC while using SPSS software (e-SPSS and p-SPSS, respectively). We conducted scenario analyses based on usage of different software, R and STATA for both EDC and PDC (e-R, p-R, e-STATA and p-STATA respectively). One-way and probabilistic sensitivity analysis (PSA) was performed to examine the robustness of the observed results. Results- In the base-case analysis, total costs of EDC and PDC were ₹72,617 ($1060.9) and 87,717 ($1281.5) respectively- with estimated cost minimization of ₹ 15,100 ($220.6). In other scenarios, the estimated cost minimization for e-R, e-STATA, p-R, p-STATA were ₹ -274 ($4.0), 98 ($1.4), 14826 ($216.6), and 15,002 ($219.2) respectively when compared to EDC-SPSS. On one-way and PSA, the results of the cost-minimization analysis were robust.Conclusion- The EDC minimizes institutional cost for conducting health research. This finding will help researchers in planning for the budget for their research to use the resources efficiently

scholarly journals Cost modelling as decision support when locating manufacturing facilities

2016 ◽  
Vol 4 (1) ◽  
pp. 15 ◽  
Author(s):  
Christina Windmark ◽  
Carin Andersson
Keyword(s):  
Decision Support ◽  
Cost Estimation ◽  
Production System ◽  
Production Systems ◽  
Future Research ◽  
Special Focus ◽  
Cost Models ◽  
Support Costs ◽  
Cost Modelling ◽  
The Cost

This paper presents a methodology for cost estimation in developing decision supports for production location issues. The purpose is to provide a structured work procedure to be used by practitioners to derive the knowledge needed to make informed decisions on where to locate production. This paper present a special focus on how to integrate cost effects during the decision process. The work procedure and cost models were developed in close collaboration with a group of industrial partners. The result is a structure of cost estimation tools aligned to different steps in the work procedure. The cost models can facilitate both cost estimation for manufacturing a product under new preconditions, including support costs, and cost simulations to analyse the risks of wrong estimations and uncertainties in the input parameters. Future research aims to test the methodology in ongoing transfer projects to further understand difficulties in managing global production systems. In existing models and methods presented in the literature, cost is usually estimated on a too aggregated level to be suitable for decision support regarding production system design. The cost estimation methodology presented here provides new insights on cost driving factors related to the production system.

Features of carrying out the cost evaluation of public roads

2019 ◽  
pp. 5-15
Author(s):  
Artem Bezuglyi ◽  
◽  
Yuliia Вibik ◽  
Andrii Bubela ◽  
Ihor Hresko ◽  
...  
Keyword(s):  
Cost Evaluation ◽  
The Cost

Cost assessment of the bus fleet technical maintenance

2019 ◽  
Vol 39 (2) ◽  
pp. 90-95
Author(s):  
V. V. Turgeneva ◽  
V. D. Sekerin
Keyword(s):  
Cost Evaluation ◽  
Cost Assessment ◽  
Effective Management ◽  
Structure Investigation ◽  
Service Cost ◽  
Technical Maintenance ◽  
Maintenance Service ◽  
The Cost ◽  
Operating Company ◽  
Bus Transport

To assess the effectiveness of bus fleet technical maintenance, service cost evaluation should be organized. This cost analysis is essential for effective management at automobile operating company. The article describes the bus transport position in Moscow transport economy. The importance of technical maintenance in a bus transport system is defined. Special attention is given to the cost structure investigation.

An Experimental Test of the Effects of a Monetary Incentive on Cooperation Rates and Data Collection Costs in Central-Location Interviewing

1983 ◽  
Vol 20 (4) ◽  
pp. 439-442 ◽  
Author(s):  
Frederick Wiseman ◽  
Marianne Schafer ◽  
Richard Schafer
Keyword(s):  
Experimental Study ◽  
Data Collection ◽  
Experimental Test ◽  
Monetary Incentive ◽  
Willingness To Participate ◽  
Central Location ◽  
The Cost ◽  
Collection Costs

The authors describe an experimental study designed to determine the effects of a monetary incentive on (1) a potential respondent's decision to participate in a central-location interview, (2) that person's expressed willingness to participate in a future survey, and (3) the cost of data collection.

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