Chapter 9 Study Plan (update)

Study Plan: Performance Measurement

Knowledge Targets

I can define the following terms as they relate to our unit:

Decentralized

Profit Center

Cost Center Investment Center

Return on Investment Operating Assets Margin

Balanced Scorecard

Turnover

Residual Income Rate of Return Operating Income
Wait Time

Value-added Throughput Time Economic Value Added
Non-value added

Delivery Cycle Time Manufacturing Cycle Time
Reasoning Targets

  • I can understand the difference between profit center, cost center and investment centers.
  • I can understand the meaning of delivery cycle time, throughput time and manufacturing cycle efficiency.
  • I can understand how to use a balanced scorecard.
  • I can analyze projects or departments using return on investment and residual income.


Skill Targets

  • I can calculate return on investment, margin and turnover for a company.
  • I can calculate residual income for a company.
  • I can compute delivery cycle time, throughput time and manufacturing cycle efficiency.
  • I can construct a balanced scorecard.


Licenses and Attributions

More Study Resources for You

Show More