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Activity-Based Costing System and Digital Transformation—A Teaching Case
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作者 Gladie Lui Connie Shum 《Journal of Modern Accounting and Auditing》 2025年第2期27-39,共13页
COVID-19 placed increased pressure and urgency for effective cost management,resulting in unprecedented financial strains for hospitals.The pandemic also became a catalyst for accelerating digital transformation to im... COVID-19 placed increased pressure and urgency for effective cost management,resulting in unprecedented financial strains for hospitals.The pandemic also became a catalyst for accelerating digital transformation to improve operations and services in the healthcare industry.Morningdale Hospital is a large and reputable general hospital with a long history in the U.K.You are an intern in the Finance Department of the Hospital.The CEO has asked you to complete a patient-level cost analysis of endoscopic procedures in the Gastrointestinal Department.In your final report,you plan to include a SWOT analysis and a cost analysis using Activity-Based Costing accounting method. 展开更多
关键词 activity-based costing digital transformation cost control
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A Study on Cost Control of Agricultural Water Conservancy Projects Based on Activity-based Costing
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作者 Tiantian TANG 《Asian Agricultural Research》 2017年第7期11-14,共4页
Based on the theory of activity-based costing and the idea of value chain,activity optimization and cost control are carried out on the whole construction process of agricultural water conservancy projects. Through th... Based on the theory of activity-based costing and the idea of value chain,activity optimization and cost control are carried out on the whole construction process of agricultural water conservancy projects. Through the use of literature review,case analysis and statistical analysis and other methods,with agricultural water conservancy projects as the research object,and comparing activity-based costing with the traditional model of cost accounting,the writer carries out the corresponding value chain analysis,and comes to the following conclusion: the statistical calculation and analysis of the entire construction process based on activity-based costing can accurately and effectively control the costs of water conservancy projects. Through the use of activity-based costing,the cost data of agricultural water conservancy projects is more detailed and accurate,and cost management personnel can also find non-value-added activities,optimize the enterprise's value chain and achieve cost control objectives through the analysis of the activity chain and value chain of agricultural water conservancy projects. 展开更多
关键词 activity-based costing Agricultural water conservancy projects cost control
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Study on Accounting Principle and Method of Activity-Based Costing of CIMS Enterprises in China 被引量:1
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作者 丁日佳 杜爱静 +1 位作者 强桂英 王立杰 《International Journal of Mining Science and Technology》 SCIE EI 2000年第2期26-29,共4页
关键词 of CIMS Enterprises in China and Method of activity-based costing Study on Accounting Principle CIMS ACTIVITY
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Integrating Activity-Based Costing (ABC) and Theory of Constraint (TOC) for Improved and Sustained Cost Management 被引量:1
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作者 Clayton Kuma 《Journal of Modern Accounting and Auditing》 2013年第8期1046-1058,共13页
Implementing effective cost management approaches has recently gained momentum due to intense competition and increasing customer demands. Moreover, effective cost management approaches have contributed to firms' com... Implementing effective cost management approaches has recently gained momentum due to intense competition and increasing customer demands. Moreover, effective cost management approaches have contributed to firms' competitive advantage in relation to cost leadership strategy. Consequently, firms have implemented contemporary cost management systems, such as activity-based management, business process re-engineering, life-cycle costing, target costing, and theory of constraint (TOC), to enable them to become low-cost producers and compete effectively and sustain their performance. Furthermore, focusing on cost management to improve profitability has led to the integration of activity-based costing (ABC) and TOC. Therefore, the aim of this study is to review literature and discuss how integration of ABC and TOC can result in improved and sustained cost management. While these methods have different approaches in addressing cost management, treating them as complementary cost management approaches can result in improved cost management due to improved product costing, improved cost reporting, improved product-mix decisions, and improved cycle-time management. Improvement in cost management will then result in sustained cost management. Sustained cost management is further enhanced with the investment in information customer and shareholder value technology that supports cross-functional decision making to continue creating to remain competitive in the market. 展开更多
关键词 activity-based costing (ABC) theory of constraint (TOC) cost management cost leadership contemporary cost management systems
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Research on Key Stages and Control Strategies of Whole-Process Cost Management in Agency-Built Projects
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作者 Minjie Hu 《Journal of World Architecture》 2025年第2期22-28,共7页
Against the backdrop of the increasingly complex construction market environment,the whole-process cost management of agency-built projects faces issues such as cost overruns and insufficient management efficiency due... Against the backdrop of the increasingly complex construction market environment,the whole-process cost management of agency-built projects faces issues such as cost overruns and insufficient management efficiency due to the numerous stages and high technical requirements involved.This paper focuses on the key stages of whole-process cost management in agency-built projects,including project initiation,design,construction,and completion.It proposes strategies to optimize the cost management process and enhance management efficiency,providing theoretical support and practical guidance for the whole-process cost management under the agency-built model. 展开更多
关键词 Agency-built projects Whole-process cost management cost control Dynamic management Completion settlement
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Analysis of Cost Control Strategies in Green Building Construction Processes
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作者 Junwen Zeng 《Journal of Architectural Research and Development》 2025年第6期60-65,共6页
Green building construction typically incurs higher costs than conventional methods.To facilitate broader adoption by construction entities,cost optimization is essential.Firms must align with technological advancemen... Green building construction typically incurs higher costs than conventional methods.To facilitate broader adoption by construction entities,cost optimization is essential.Firms must align with technological advancements,judiciously apply emerging technologies,and ensure resource efficiency through context-specific strategies.Proactive and precise scheduling is critical to avert delays from unforeseen events.Additionally,construction units should enhance on-site safety training,promote mastery of innovative techniques,and foster environmental awareness among personnel.Finally,companies ought to capitalize on government incentives for green materials while adopting bulk procurement from local sources to minimize transportation costs and secure lower unit prices. 展开更多
关键词 Construction process cost control Strategy analysis
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Practical Research on the Effective Management of Change Visas and Dynamic Cost Control in the Construction Stage of Construction Projects
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作者 Jinzhu Zheng 《Journal of Architectural Research and Development》 2025年第6期116-123,共8页
Construction project construction stage requires effective change visa management and dynamic cost control.This paper defines both,presents related theories,and details challenges in traditional methods.It then propos... Construction project construction stage requires effective change visa management and dynamic cost control.This paper defines both,presents related theories,and details challenges in traditional methods.It then proposes an integrated model with system architecture,functional modules,and practical strategies like BIM integrated workflows.A case study validates the effectiveness,and future research on AI enhanced change prediction and blockchain based audit trails is suggested. 展开更多
关键词 Change visas Dynamic cost control Construction projects
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Research on the Safe,Reliable and Low-Cost Transmission of Multiple Signals between Different Control Systems
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作者 Yonggang Deng 《Journal of Electronic Research and Application》 2025年第6期362-369,共8页
With the gradual development of smart power plants and large-scale centralized control,there is a need to exchange a large number of signals between different DCS systems and between DCS and PLC systems.Different cont... With the gradual development of smart power plants and large-scale centralized control,there is a need to exchange a large number of signals between different DCS systems and between DCS and PLC systems.Different control systems have different brands and cannot communicate directly via networks.Moreover,due to network security concerns,the main control of unit units and the auxiliary control system of the entire plant cannot communicate directly via networks either.The commonly adopted methods for signal exchange between control systems are hardwiring and 485 communications.Both have obvious drawbacks,where hardwiring requires a large number of channels and cable laying;485 configuration is difficult,not easy to maintain,and faults are hard to locate.This paper studies how to strike a balance between the two,using a minimal amount of hardwiring to transmit a large number of signals,which is safe,reliable,cost-effective,and can be maintained by any control personnel without network security risks. 展开更多
关键词 control systems Signal exchange Safety and reliability Low cost Easy maintenance
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An improved activity-based costing model for product cost estimation applied in a complex manufacturing environment
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作者 唐苏州 Gao Yuan +1 位作者 Qian Feng Wang Delun 《High Technology Letters》 EI CAS 2013年第2期125-131,共7页
In order to evaluate and estimate me cosEs oi prouuct~ plt, uu^u e vironment properly, an improved activity-based costing (ABC) model is presented. By utilizing the input-output analysis method, the complex consumpt... In order to evaluate and estimate me cosEs oi prouuct~ plt, uu^u e vironment properly, an improved activity-based costing (ABC) model is presented. By utilizing the input-output analysis method, the complex consumption relationships in a complex manufacturing environment are first expressed. The consumption characteristics (mainly presented by the activity rates) of all production activities are extracted by solving these relationships. Then with the con- sumption characteristics and operating parameters of these activities, the detailed cost consumption of a product in its manufacturing process is estimated. A case study is finally given based on the compressor products of a manufacturing company, and its effectiveness is shown. As the cost influ- ence of complex consumption relationships is fully considered, the limitation of traditional ABC method is overcome, and therefore a high accuracy in product cost estimation under the complex manufacturing environment can be achieved. 展开更多
关键词 product cost estimation manufacturing cost consumption relationships manufac-turing process activity-based costing (ABC)
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Activity-Based Costing of Library Services in Universities——A Case Study of a Private University
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作者 Hala Elias Arpita Mehrotra 《Economics World》 2018年第3期165-176,共12页
An organization’s costing system is a system that helps the management with the strategy planning while the system plays an important role in providing accurate cost information about the products and customers.In ot... An organization’s costing system is a system that helps the management with the strategy planning while the system plays an important role in providing accurate cost information about the products and customers.In other words,the costing management system is important to provide timely and quality information to help managers in their decision-making process.Producing quality graduates is the main objective of any university and the cost of quality or the cost of poor quality is one that is often difficult to measure in higher education.This can be partly attributed to the fact that most accounting systems are not structured to capture important cost-of-quality information.In order to succeed,many organizations tend to shift from conventional or traditional costing system to Activity-based costing(ABC).ABC provides both higher education administrators and policymakers with better information on which to base decisions.The use of multiple cost pools and drivers under ABC leads to more detailed and accurate product costing than that provided by traditional cost systems.This paper attempts to investigate the possibilities and limitations of implementing ABC in universities.More specifically the study makes use of the case study method to illustrate the implementation of activity-based costing of library services in a private university in the Kingdom of Bahrain.The research methodology of the case study is a combination of both descriptive and quantitative analyses.The study identified six categories of cost pools which are related to the activities of the library as well as 17 relevant cost drivers.Accordingly,ABC should lead to a better understanding of what drives costs and,by extension,what changes are necessary to reduce costs.Unnecessary activities that do not add value to services can be identified and eliminated.Further ABC is feasible in an academic library and that much can be gained from the process of analyzing activities.However,more work needs to be done in terms of designing accounting and other information systems to capture cost and activity transaction data in a more routine and disaggregated form for ABC analysis. 展开更多
关键词 costing systems activity-based costing QUALITY of information cost DRIVERS costing of LIBRARY SERVICES UNIVERSITIES
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Modem Cost Management in the Transport Company Through the Activity-Based Costing (ABC) Method
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作者 Viera Sukalova Pavel Ceniga 《Journal of Modern Accounting and Auditing》 2014年第6期667-674,共8页
Road transport is a flexible mode of transport and its importance in era of globalization increases. Management of road transport companies is, in this turbulent environment, exposed to many technical, legislative, an... Road transport is a flexible mode of transport and its importance in era of globalization increases. Management of road transport companies is, in this turbulent environment, exposed to many technical, legislative, and economic problems. Especially, the growing economic pressure leads to an urgent requirement of the manager and control system improvement. Activity-based costing (ABC) method is a very powerful tool to improve products, services, processes, and market strategies. ABC allows company management to understand what causes costs and how to manage them. Company under this scheme may get a glimpse of how efficiently a company converts the source value. The main objective of our research was to assess the possibility of application of the ABC method in a transport undertaking. ABC method as a fundamentally different view on the cost in the transport business helps to find the reasons of cost and thereby influences their levels to make better use of resources.. New managerial accounting methods aim to show management what information is needed, how and where this information can be obtained, and how they can be useful for the management of the company's proper planning, decision-making, and control. Information provided by management accounting is often a key factor in the analysis of alternative ways of solving problems. This article focuses on the transport enterprise management and helps to decide on the use of this method in business practice. 展开更多
关键词 management transport company costS activity-based costing (ABC) method
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A new dynamic pushback control method for reducing fuel-burn costs: Using predicted taxi-out time 被引量:13
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作者 Guan LIAN Yaping ZHANG +2 位作者 Zhiwei XING Qian LUO Shaowu CHENG 《Chinese Journal of Aeronautics》 SCIE EI CAS CSCD 2019年第3期660-673,共14页
Long departure-taxi-out time leads to significant airport surface congestion, fuel-burn costs, and excessive emissions of greenhouse gases. To reduce these undesirable effects, a Predicted taxi-out time-based Dynamic ... Long departure-taxi-out time leads to significant airport surface congestion, fuel-burn costs, and excessive emissions of greenhouse gases. To reduce these undesirable effects, a Predicted taxi-out time-based Dynamic Pushback Control(PDPC) method is proposed. The implementation of this method requires two steps: first, the taxi-out times for aircraft are predicted by the leastsquares support-vector regression approach of which the parameters are optimized by an introduced improved Firefly algorithm. Then, a dynamic pushback control model equipped with a linear gate-hold penalty function is built, along with a proposed iterative taxiway queue-threshold optimization algorithm for solving the model. A case study with data obtained from Beijing International airport(PEK) is presented. The taxi-out time prediction model achieves predictive accuracy within 3 min and 5 min by 84.71% and 95.66%, respectively. The results of the proposed pushback method show that total operation cost and fuel-burn cost achieve a 14.0% and 21.1%reduction, respectively, as compared to the traditional K-control policy.(3) From the perspective of implementation, using PDPC policy can significantly reduce the queue length in taxiway and taxi-out time. The total operation cost and fuel-burn cost can be curtailed by 37.2% and 52.1%,respectively, as compared to the non-enforcement of any pushback control mechanism. These results show that the proposed pushback control model can reduce fuel-burn costs and airport surface congestion effectively. 展开更多
关键词 Airport surface operation Fuel-burn cost Gate-hold TIME Pushback control Taxi-out TIME prediction Taxiway queue threshold
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Decentralized robust guaranteed cost control for a class of interconnected singular large-scale systems with time-delay and parameter uncertainty 被引量:8
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作者 Wo Songlin Shi Guodong Zou Yun 《Journal of Systems Engineering and Electronics》 SCIE EI CSCD 2007年第1期111-119,共9页
The decentralized robust guaranteed cost control problem is studied for a class of interconnected singular large-scale systems with time-delay and norm-bounded time-invariant parameter uncertainty under a given quadra... The decentralized robust guaranteed cost control problem is studied for a class of interconnected singular large-scale systems with time-delay and norm-bounded time-invariant parameter uncertainty under a given quadratic cost performance function. The problem that is addressed in this study is to design a decentralized robust guaranteed cost state feedback controller such that the closed-loop system is not only regular, impulse-free and stable, but also guarantees an adequate level of performance for all admissible uncertainties. A sufficient condition for the existence of the decentralized robust guaranteed cost state feedback controllers is proposed in terms of a linear matrix inequality (LMI) via LMI approach. When this condition is feasible, the desired state feedback decentralized robust guaranteed cost controller gain matrices can be obtained. Finally, an illustrative example is provided to demonstrate the effectiveness of the proposed approach. 展开更多
关键词 Uncertain singular large-scale systems Time-delay system Guaranteed cost control LMI
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Game theory approach to optimal capital cost allocation in pollution control 被引量:8
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作者 Chen Wen ying Institute of Nuclear Energy Technology, Tsinghua University, Beijing 100084,China Hou Dun Urban Water Resources Center, Ministry of Construction, Beijing 100007,China 《Journal of Environmental Sciences》 SCIE EI CAS CSCD 1998年第2期104-110,共7页
This paper tries to integrate game theory, a very useful tool to resolve conflict phenomena, with optimal capital cost allocation issue in total emission control. First the necessity of allocating optimal capital cos... This paper tries to integrate game theory, a very useful tool to resolve conflict phenomena, with optimal capital cost allocation issue in total emission control. First the necessity of allocating optimal capital costs fairly and reasonably among polluters in total emission control was analyzed. Then the possibility of applying game theory to the issue of the optimal capital cost allocation was expounded. Next the cooperative N person game model of the optimal capital cost allocation and its solution ways including method based on Shapley value, least core method, weak least core methods, proportional least core method, CGA method, MCRS method and so on were delineated. Finally through application of these methods it was concluded that to apply game theory in the optimal capital cost allocation issue is helpful to implement the total emission control planning schemes successfully, to control pollution effectively, and to ensure sustainable development. 展开更多
关键词 total emission control optimal capital cost allocation game theory cooperative N person game model.
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Delay-independent robust guaranteed-cost control for uncertain linear neutral systems 被引量:5
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作者 Li Hongfei Zhou Jun 《Journal of Systems Engineering and Electronics》 SCIE EI CSCD 2007年第4期858-864,共7页
This article concerns the delay-independent guaranteed-cost control problem via memoryless state feedback for a class of neutral-type systems with structural uncertainty and a given quadratic cost function. New delay-... This article concerns the delay-independent guaranteed-cost control problem via memoryless state feedback for a class of neutral-type systems with structural uncertainty and a given quadratic cost function. New delay-independent conditions for the existence of the guaranteed-cost controller are presented in the term of LMIs. An algorithm involving optimization is proposed to design a controller achieving an optimal guaranteed-cost, such that, the system can be stabilized for all admissible uncertainties. A numerical example is provided to illustrate the feasibility of the proposed method. 展开更多
关键词 neutral system guaranteed cost control LMI method DELAY-INDEPENDENT
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Robust reliable guaranteed cost control for uncertain singular systems with time-delay 被引量:4
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作者 Qixun Lan Yuxiao Liu +1 位作者 Huawei Niu Jiarong Liang 《Journal of Systems Engineering and Electronics》 SCIE EI CSCD 2010年第1期110-117,共8页
The robust reliable guaranteed cost control for uncertain singular delay systems with actuator failures and a given quadratic cost function is studied. The system under consideration involves constant time-delay and n... The robust reliable guaranteed cost control for uncertain singular delay systems with actuator failures and a given quadratic cost function is studied. The system under consideration involves constant time-delay and norm-bounded parameter uncertainties. The purpose is to design state feedback controllers which can tolerate actuator failure, such that the closed-loop system is stable, and the specified cost function has an upper bound for all admissible uncertainties. The sufficient conditions for the solvability of this problem are obtained by a linear matrix inequality (LMI) method. Furthermore, a numerical example is given to demonstrate the applicability of the proposed approach. 展开更多
关键词 singular system reliable control guaranteed cost control actuator failure linear matrix inequality time-delay.
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Guaranteed Cost Active Fault-tolerant Control of Networked Control System with Packet Dropout and Transmission Delay 被引量:5
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作者 Xiao-Yuan Luo Mei-Jie Shang +1 位作者 Cai-Lian Chen Xin-Ping Guan 《International Journal of Automation and computing》 EI 2010年第4期509-515,共7页
The problem of guaranteed cost active fault-tolerant controller (AFTC) design for networked control systems (NCSs) with both packet dropout and transmission delay is studied in this paper. Considering the packet d... The problem of guaranteed cost active fault-tolerant controller (AFTC) design for networked control systems (NCSs) with both packet dropout and transmission delay is studied in this paper. Considering the packet dropout and transmission delay, a piecewise constant controller is adopted. With a guaranteed cost function, optimal controllers whose number is equal to the number of actuators are designed, and the design process is formulated as a convex optimal problem that can be solved by existing software. The control strategy is proposed as follows: when actuator failures appear, the fault detection and isolation unit sends out the information to the controller choosing strategy, and then the optimal stabilizing controller with the smallest guaranteed cost value is chosen. Two illustrative examples are given to demonstrate the effectiveness of the proposed approach. By comparing with the existing methods, it can be seen that our method has a better performance. 展开更多
关键词 Networked control system (NCS) packet dropout transmission delay active fault-tolerant control (AFTC) guaranteed cost controller.
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An LMI Method to Robust Iterative Learning Fault-tolerant Guaranteed Cost Control for Batch Processes 被引量:11
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作者 王立敏 陈曦 高福荣 《Chinese Journal of Chemical Engineering》 SCIE EI CAS CSCD 2013年第4期401-411,共11页
Based on an equivalent two-dimensional Fornasini-Marchsini model for a batch process in industry, a closed-loop robust iterative learning fault-tolerant guaranteed cost control scheme is proposed for batch processes w... Based on an equivalent two-dimensional Fornasini-Marchsini model for a batch process in industry, a closed-loop robust iterative learning fault-tolerant guaranteed cost control scheme is proposed for batch processes with actuator failures. This paper introduces relevant concepts of the fault-tolerant guaranteed cost control and formulates the robust iterative learning reliable guaranteed cost controller (ILRGCC). A significant advantage is that the proposed ILRGCC design method can be used for on-line optimization against batch-to-batch process uncertainties to realize robust tracking of set-point trajectory in time and batch-to-batch sequences. For the convenience of implementation, only measured output errors of current and previous cycles are used to design a synthetic controller for iterative learning control, consisting of dynamic output feedback plus feed-forward control. The proposed controller can not only guarantee the closed-loop convergency along time and cycle sequences but also satisfy the H∞performance level and a cost function with upper bounds for all admissible uncertainties and any actuator failures. Sufficient conditions for the controller solution are derived in terms of linear matrix inequalities (LMIs), and design procedures, which formulate a convex optimization problem with LMI constraints, are presented. An example of injection molding is given to illustrate the effectiveness and advantages of the ILRGCC design approach. 展开更多
关键词 two-dimensional Fornasini-Marchsini model batch process iterative learning control linear matrix inequality fault-tolerant guaranteed cost control
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Non-fragile guaranteed cost control of discrete-time fuzzy bilinear system 被引量:5
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作者 Guo Zhang Junmin Li 《Journal of Systems Engineering and Electronics》 SCIE EI CSCD 2010年第4期629-634,共6页
This paper focuses on the problem of non-fragile guaranteed cost control for a class of T-S discrete-time fuzzy bilinear systems(DFBS).Based on the parallel distributed compensation(PDC) approach,the sufficient co... This paper focuses on the problem of non-fragile guaranteed cost control for a class of T-S discrete-time fuzzy bilinear systems(DFBS).Based on the parallel distributed compensation(PDC) approach,the sufficient conditions are derived such that the closed-loop system is asymptotically stable and the cost function value is no more than a certain upper bound in the presence of the additive controller gain perturbations.The non-fragile guaranteed cost controller can be obtained by solving a set of bilinear matrix inequalities(BMIs).The Van de Vusse model is utilized to demonstrate the validity and effectiveness of the proposed approach. 展开更多
关键词 discrete-time fuzzy bilinear system(DFBS) nonfragile control guaranteed cost control bilinear matrix inequality(BMI).
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