BUSINESS SECTION


Warning : there may be some paragraphs without content or bad links - this page is under construction !
 
 

GENERAL

An award winning article by Dr. Burckhard published by THE ECONOMIST in 1999
 

  • You Can't Spot Serious Shareholder Value?
  • use this link in order to retrieve the original PDF file of above paper

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    MY VIEWS ON SOME COMMON BUSINESS RULES

    the title should explain what is to be expected behind the link :
     

  • this thing called "standard cost"
  • the fundamental flaws of "variance analysis"
  • decision making based on "standard margin"

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    Now here is a text database with some instructions for business simulations and games. They have been collected from postings to the internet and represent the thinking and experience of the relevant author. Each subject in the database is preceded by the string "TITLE" which should help you search for the different subjects :
     

  • text database with instructions for business simulations

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    SPREADSHEETS  supporting  ANALYSIS  and  DECISION MAKING

    From my readings I have created the following spreadsheet's which should help you in your decision making processes :

    1) I am a strong believer in Dr. Demings teachings about businesses being a process. From D. Wheelers book "Understanding Variation" (SPC Press 2000) I took the structure and formulas to create a process analysis spreadsheet which helps seperating special cause variation from common cause variation.
    If you are looking for more check out the link to the "quality section" from my main page.

    Any process shows special cause variation if :
    - a single observation is outside the process limits or
    - 3 out of 4 consecutive observations are situated closer to one process limit than to the process average or
    - 8 consecutive observations are situated on one side of the process average
     

  • Process Analysis Chart according to Dr. Shewhart

  • 2) The following spreadsheet supports decision making based on changes in throughput (=T), operating expenses (=OE) and capital employed (=I) and is based on throughput accounting principles.
     

  • Valuing Worksheet for decision making

  • 3) There is a lot of discussion regarding equipment utilization, OEE and the like. Here is an instruction on how to generate 'utilization' values as well as an Excel spreadsheet template to support your efforts. I prefer to use the TEEP value as it eliminates discussions about closing days and other such nasty topics.
     

  • TEEP = total effective equipment productivity

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    SOME LINKS