Sunshine Daycare Center: Growing a Business to Profitability

2013 ◽  
Vol 28 (2) ◽  
pp. 323-335 ◽  
Author(s):  
Peggy Ann Hughes
Keyword(s):  
Small Business ◽  
Cost Function ◽  
Cost Estimation ◽  
Accounting Students ◽  
Estimation Variance ◽  
Daycare Center ◽  
Profit Analysis ◽  
Breakeven Analysis ◽  
Practice Cost

ABSTRACT: This case study allows management accounting students to use skills developed in the course. Students practice cost function development and breakeven analysis. Students work in teams to understand the budget and actual results of a small business. They then choose marketing options and integrate the selections into a budget. This is an opportunity to use cost estimation, variance analysis, cost/volume/profit analysis, and budgeting. It also provides practice using Excel in business report formats.

CASE STUDY OF A QUALITY COST MODEL IN A SMALL BUSINESS

2016 ◽  
Vol 7 (2) ◽  
pp. 1-24
Author(s):  
Neto Jose Alves da Silva ◽  
◽  
Giacaglia Giorgio Eugenio Oscare ◽  
Keyword(s):  
Small Business ◽  
Cost Model ◽  
Quality Cost

Biorefinery implementation for recovery debottlenecking at existing pulp mills- Part II: Techno-economic evaluation

TAPPI Journal ◽  
2012 ◽  
Vol 11 (8) ◽  
pp. 17-24 ◽  
Author(s):  
HAKIM GHEZZAZ ◽  
LUC PELLETIER ◽  
PAUL R. STUART
Keyword(s):  
Cost Estimation ◽  
Process Model ◽  
Black Liquor ◽  
Pulp Mill ◽  
Value Added ◽  
Economic Assessment ◽  
Extraction Process ◽  
Estimation Methods ◽  
Precipitation Process

The evaluation and process risk assessment of (a) lignin precipitation from black liquor, and (b) the near-neutral hemicellulose pre-extraction for recovery boiler debottlenecking in an existing pulp mill is presented in Part I of this paper, which was published in the July 2012 issue of TAPPI Journal. In Part II, the economic assessment of the two biorefinery process options is presented and interpreted. A mill process model was developed using WinGEMS software and used for calculating the mass and energy balances. Investment costs, operating costs, and profitability of the two biorefinery options have been calculated using standard cost estimation methods. The results show that the two biorefinery options are profitable for the case study mill and effective at process debottlenecking. The after-tax internal rate of return (IRR) of the lignin precipitation process option was estimated to be 95%, while that of the hemicellulose pre-extraction process option was 28%. Sensitivity analysis showed that the after tax-IRR of the lignin precipitation process remains higher than that of the hemicellulose pre-extraction process option, for all changes in the selected sensitivity parameters. If we consider the after-tax IRR, as well as capital cost, as selection criteria, the results show that for the case study mill, the lignin precipitation process is more promising than the near-neutral hemicellulose pre-extraction process. However, the comparison between the two biorefinery options should include long-term evaluation criteria. The potential of high value-added products that could be produced from lignin in the case of the lignin precipitation process, or from ethanol and acetic acid in the case of the hemicellulose pre-extraction process, should also be considered in the selection of the most promising process option.

scholarly journals Facilitating Group Analysis of Two Case Studies Utilising Peer Tutoring: Comparison of Tasks and Outcomes

2016 ◽  
Vol 2 (2) ◽  
pp. 90
Author(s):  
Lin Siew Fong
Keyword(s):  
Case Studies ◽  
Peer Tutoring ◽  
Group Process ◽  
Teaching And Learning ◽  
Group Analysis ◽  
Financial Accounting ◽  
Accounting Students ◽  
Effective Learning ◽  
Video Recordings

<p>Peer-tutoring sessions of two groups of advanced diploma in financial accounting students with mixed proficiency were analysed thoroughly in this study. Numerous studies in peer tutoring have produced favourable results to both tutors and tutees due to the scaffolding process which promotes effective learning. However, there is a lack of studies conducted using case study as a group task in peer tutoring. Therefore, in this study, the analysis of this type of task in the course of peer tutoring is given much prominence. Video recordings of the peer-tutoring sessions were made and informants were interviewed and wrote journals in order to obtain data to be analysed. The researcher’s observation notes were useful in increasing understanding of the group process. The findings revealed that there were similarities and differences pertaining to the teaching and learning experiences encountered by both tutors and tutees when analysing the two case studies. Therefore, appropriate case studies which match students’ abilities are recommended to be used in peer tutoring. Furthermore, regular guidance provided by instructors for tutors is crucial in developing their confidence in playing their role.<strong> </strong></p>

Applications of an Interactive Balancing Procedure for Gas Turbines and Other Turbomachinery

2009 ◽  
Author(s):  
Timothy C. Allison ◽  
Harold R. Simmons
Keyword(s):  
Cost Function ◽  
Least Squares ◽  
Gas Turbine ◽  
Case Studies ◽  
Gas Turbines ◽  
Interactive Approach ◽  
Interactive Method ◽  
Balance Weight ◽  
The Cost

Least squares balancing methods have been applied for many years to reduce vibration levels of turbomachinery. This approach yields an optimal configuration of balancing weights to reduce a given cost function. However, in many situations, the cost function is not well-defined by the problem, and a more interactive method of determining the effects of balance weight placement is desirable. An interactive balancing procedure is outlined and implemented in an Excel spreadsheet. The usefulness of this interactive approach is highlighted in balancing case studies of a GE LM5000 gas turbine and an industrial fan. In each case study, attention is given to practical aspects of balancing such as sensor placement and balancing limitations.

scholarly journals Gestão de Estoque nas Pequenas Empresas: Um Estudo de caso no Mercadinho e Hortifruti XY / Small Business Stock Management: A Case Study in the Merchant and Hortifruti XY

2019 ◽  
Vol 13 (47) ◽  
pp. 727-739
Author(s):  
Eneias Santos Barbosa ◽  
Hesler Piedade Caffé Filho
Keyword(s):  
Small Business ◽  
Stock Management

O presente trabalho trata-se de um estudo de caso inerente a gestão de estoque realizado em uma microempresa do setor varejista localizada em Juazeiro-BA; O Mercadinho e Hortifrúti XY. O objetivo foi estudar de que forma o mercadinho e hortifrúti XY faz seu controle de estoque. A partir de seus objetivos, o presente estudo caracterizou-se como uma pesquisa de natureza descritiva com abordagem qualitativa na coleta e análise dos dados mediante realização de entrevista baseada na aplicação de questionário previamente elaborado. Os resultados indicam que a empresa XY está ativa a pouco tempo no mercado; mas já consegue identificar seu público alvo e possui um mix de produtos que atendem à demanda e que faz com que o seu estoque possua alta rotatividade. Com relação ao planejamento de compras é determinado de acordo com o nível de vendas e também por sazonalidade; prezando sempre por fornecedores locais que atendam aos prazos de entrega. O método de controle de estoque utilizado é o Peps (o que entra primeiro sai primeiro); além de possuir sistema informatizado para gerenciar suas entradas e saídas. De modo geral, as estratégias adotadas quanto ao controle de estoque têm transmitido resultados para a empresa, estando o proprietário satisfeito até o momento, pois, apesar de ter pouco de tempo de fundada; possui um gerenciamento de estoque sólido. 

scholarly journals Cost-Volume-Profit Analysis as a Management Tool for Decision Making In Small Business Enterprise within Bayero University, Kano

2017 ◽  
Vol 19 (02) ◽  
pp. 40-45 ◽  
Author(s):  
Sadiq Rabiu Abdullahi ◽  
Bello Abiodun Sulaimon ◽  
Ibrahim Salihu Mukhtar ◽  
Muhammed Hardy Musa
Keyword(s):  
Decision Making ◽  
Small Business ◽  
Management Tool ◽  
Business Enterprise ◽  
Profit Analysis
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