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SMA Theory

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7 views10 pages

SMA Theory

Uploaded by

VIRAL TIKTOK
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLSX, PDF, TXT or read online on Scribd
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Q3: How EVA affect the behaviour of divisional senior Executives?

Q4: How Transfer pricing helps in transfer profit from one country to other?

1 Identify a problem or opportunity


2 Analyze your current process
3 Develop or identify an ideal solution
4 Implement the solution
5 Study the results and adjust what doesn’t work
6 Standardize the solution
7 Repeat for the next problem

Q
Marginal costing is a very valuable decision-making technique. It helps management to set
prices, compare alternative production methods, set production activity levels,
close production lines and choose which of a range of potential products to manufacture.

Q Pareto Analysis

The mobile phone market is intensely competitive so a company will need


sophisticated systems to gather information about the market and
competitors. The market is also fast changing so a rolling budget
approach may be suitable to keep budget targets up to date. It will be
very important to incorporate the latest information into budgets and a
participative approach will be important as production managers and
sales managers may have local knowledge which would improve the budgeting process.

Q Define the uses of linear programming

Linear Programming (LP) can be used to solve questions on matching diets to nutritional
and other additional constraints with a minimum amount of changes. Linear programming is
technique that allows the generation of optimal solutions that satisfy several constraints at o
You can perform optimization in various ways. In the data science course, the optimization
It gives insights into the ways of optimization. A problem can be simple and complex.
In both cases, optimization works very effectively. There are various ways to do optimizatio

Disadvantages of Rolling Budgets


1 Greater demand on staff, resources, and time. ...
2 Frustration/resistance to change/corporate culture issues. ...
3 In addition to additional staff-related expenses, rolling budgets may
require the addition of new software tools to be optimally effective
5 it can be difficult to communicate frequentily budget changes
4 preparing new budguts regularly is time consumin

Q Five steps before changing budget


1. Assess your financial resources
2. Determine your expenses
3. Set Goals
4. Create a plan
5. Pay yourself first
6. Track your progress

Q Experience Curve

Q Unmistakeable ways of benchmarking


Q In what circumstances partnering is less effecctive?
1 Breakdown in trust
2 Company struggles
3 Financial inequity
4 Different priorities
5 Investment levels
6 Lack of boundaries
7 Management style
8 Role imbalance

Q Ways through which labour cost per unit and unit cost is reduced?

1 Eliminate Idle time


2 Use standard material to reduce wastage of material
3 Use substitute material to reduce cost
4 Implemation of automation for efficient and effective production
5 Training of labour

Q Retail shoes shop sell the shoes at loss and is shutting down its business, What type of Shut down is this?

Q
Q

Ans In linear programming problems coefficients in the objective function and the constraint equations
must be completely known and they should not change during the period of study,
i.e., they should be known constants. In practical situations it may not be possible to state
all coefficients in the objective function and constrains with certainty.
Furthermore, these coefficients may actually be random variables each with certainty.
Furthermore these coefficients may actually be random variables each with an underlying
probability distraction for the values. Such problems cannot be solved using linear programming

Q What is cost plus pricing ?

Q
ng diets to nutritional
. Linear programming is a mathematical
y several constraints at once
ourse, the optimization topic is the most important.
mple and complex.
s ways to do optimization. But linear programming is the most simple and easy one.
Shut down is this?
nt equations

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