Explicit Cost Dynamics or Serializing Fiction in the Victorian Press

Explicit Cost Dynamics: An Alternative to Activity-Based Costing

Author: Reginald Tomas Yu Le

GETTING TO THE BOTTOM OF THE BOTTOM LINE

Traditional cost management systems typically defeat their own purpose by leading corporations to make decisions that ultimately do not optimize performance. These systems are the foundation for decisions that are made throughout the corporation. In order for organizations to increase performance beyond current capabilities, a new approach is needed that addresses issues such as understanding the true impact of various actions on the bottom line-and eliminating methods that distort numbers and narrow options. Explicit Cost Dynamics (ECD) offers such an alternative, and this expertly written, revolutionary book provides an indispensable introduction to the subject.

Informative and easy-to-read, Explicit Cost Dynamics:

• Provides an alternative view and understanding of the impact of costs, actions, and time on the bottom line of a corporation

• Explains how this new theory can lead to an overall profit maximization

• Shows that costs can be considered as either a function of activities performed, as a function of resources expended, or of time

• Shows that the difference between explicit dollars flowing into and out of a company is equal to the rate of change of cash

• . . . and much more to help CEOs, CFOs, controllers, cost managers, financial managers, and others involved in the decision-making process improve their organizations' overall bottom lines.

Booknews

Introduces the development and implementation of explicit cost dynamics (ECD), a nonallocation-based cost management system that offers an alternative to traditional cost accounting methods as well as activity-based costing. Contains chapters on limitation accounting, basic ECD measures, operational inconsistencies, resource and program management, practical use, and implementing ECD. Of interest to CEOs, CFOs, controllers, cost managers, and financial managers. Yu-Lee is a consultant in strategy, supply chain, information systems, and manufacturing operations. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Table of Contents:

Ch. 1	Limitations of Cost Accounting	1
Ch. 2	What is Explicit Cost Dynamics?	23
Ch. 3	Understanding Explicit Cost Dynamics Costs	45
Ch. 4	Profit Dynamics	69
Ch. 5	Basic Explicit Cost Dynamics Measures	91
Ch. 6	Degree of Freedom Management	107
Ch. 7	Operational Inconsistencies	123
Ch. 8	Resource and Program Management	143
Ch. 9	Practical Use	169
Ch. 10	Implementing Explicit Cost Dynamics	191
	Index	215

New interesting book: Health Communication or The Jewish Enemy

Serializing Fiction in the Victorian Press

Author: Graham Law

Drawing on extensive archival research in both Britain and the United States, Serializing Fiction in the Victorian Press represents the first comprehensive study of the publication of installment fiction in Victorian newspapers. Often overlooked, this phenomenon is shown to have exerted a crucial influence on the development of the fiction market in the last decades of the 19th century. A detailed description of the practice of syndication is followed by a wide-ranging discussion of its implications for readership, authorship, and fictional form.

Booknews

Law (English studies, Waseda U., Tokyo) shows how serial publication in syndicates of weekly news miscellanies throughout the British Empire was important in cultural and economic terms. A descriptive history of the rise and decline of the practice of syndication is followed by chapters that discuss its implications for readership, authorship, and the fictional form. Coverage includes well-known novelists, such as Thomas Hardy and Charles Dickens as well as "newspaper novelists" such as David Pae and Mary Elizabeth Braddon who published mostly through the weeklies. Annotation c. Book News, Inc., Portland, OR (booknews.com)