Engineering
5 years ago

Outdated cost calculation method at Zuivelhoeve leads to profit loss.

Cost price calculation for Zuivelhoeve –Finding the most appropriate method
S.C. Hofman

Paper Summary

Related papers

Theme background image
Engineering
4 years ago

Traditional production cost methods overestimate plastic sack manufacturing costs by 10%.

Mine Planning
Belt Conveyors
Design Manufacture
1 view
Economics, Econometrics and Finance
5 years ago

New method for calculating total cost revolutionizes business decision-making!

Economic Recovery
Innovation Economy
Economic Management
1 view
Business, Management and Accounting
5 years ago

Cutting Costs and Boosting Quality: The Future of Product Design

Quality Function Deployment
Mass Customization
Value Management

The goal of the study was to find the best way to calculate the cost price for Zuivelhoeve, a company that makes dairy products. They currently use a method that only includes variable costs, but this doesn't account for all the costs accurately. Changes in management and the addition of a warehouse have made the current cost system outdated. The researchers wanted to figure out a better way to calculate costs that includes all the indirect costs in a more specific way.