Decision Making Techniques |Pricing|Costing|ACCA|CIMA|F5|

  • 4.1

Brief Introduction

Study with award winning and rank holder faculties.

Description

In this course, we will be talking about: 

  • Basics of cost, volume, profit and sales and different formulas to calculate production volume for break even, target profit, etc.

  • Understanding and plotting cost, profit, sales on graphs based on production volume and identifying break even, margin of safety, etc

  • Solving production problems with limiting factor through linear equations and graphical approaches.

  • How different factors affect price and demand.

  • Sensitivity of relationship between price and demand, using the demand equation and MR MC approach to calculate profit maximization level of output.

  • Different pricing strategies and their application.

  • Understanding characteristics of relevant costs and how to calculate relevant cost of material and labour.

  • Quantitative analysis of further processing decisions and shutdown decisions.

  • Different decision rules for different risk appetites under different conditions.

  • Decision trees, rollback analysis and how to calculate value of perfect and imperfect information.


English
Available now
Udemy
Share
Saved Course list
Cancel
Get Course Update
Computer Courses