By cost minimizing one understands a saving of costs. A goal of this measure is the increase of the economy of an enterprise with consideration of the minimum principle. Central question of the cost minimizing is:

• Where result which costs in which

An instrument around this question to answer represents the cost calculation.

Comparisons:

• Cost centre accounting (where are which costs
• Cost objective accounting (which product caused the
• Cost category calculation (which costs became by procurement, production, storage, paragraph and administration

The first range of the costing and performance calculation (KLR) is the cost category calculation. The cost category calculation seizes and arranges Kosten.Der second range is the cost centre accounting. In this calculation the costs are distributed on the instrument ranges (cost centres). Within the last range, in which cost objective accounting, the costs become distributed on the achievements (products).

Differences between KLR and financial accounting:

• The financial accounting determines the total result of the enterprise. But this is a disadvantage, because nothing is stated over the economy of the enterprise, individual subranges and individual products.

• The KLR determines which achievements the enterprise provided and which costs this achievement production caused, where the costs arose and which achievements to be added are.

• In the financial accounting all expenditures and yields are seized for the determination of the enterprise result in the GuV calculation (profit and loss).

• In the KLR can statements about the economy of the enterprise be made.

Articles in category "Cost minimizing"

We found here 36 articles.

Related Websites

We found here 5 related websites.

• Cost Minimizing Sequential Punishment Policies for Repeat Offenders
  Downloadable ! Author(s): Motchenkova, Evgenia. 2006 Abstract: This paper concludes that, when offenders are wealth constrained and the government is ...


• DSpace at VU: Item 1871/9801
  Title:, Cost Minimizing Sequential Punishment Policies for Repeat Offenders. Authors:, Motchenkova, Evgenia. Keywords:, Crime and punishment ...


• Existence of cost-minimizing paths under differential interest rates
  Author(s): Martin E. Diedrich. 1995 Abstract: No abstract is available for this item.


• Minimizing Costs
  Minimizing costs is obviously important to all corporations. Cost structure impacts profit margins and ultimately drives retail pricing. ...


• Testing Cost Minimizing Behavior (ResearchIndex)
  We present a nonparametric test for determining when observed data are consistent with the hypothesis of cost minimizing behavior. The model allows testing ...