Cost Management for Today's Advanced Manufacturing: The Cam-I Conceptual Design

During the past decade, advanced manufacturing technologies such as robotics, computer-aided design (CAD), and flexible manufacturing systems have revolutionized the manufacturing shop floor. These technologies have dramatically changed manufacturing cost-behavior patterns and shaken the foundation of how companies account for costs. This breakthrough book reports on and explores the practical applications of a "new math of productivity," informing managers about innovative approaches to accounting in high-tech manufacturing that take a proactive role in planning, managing, and reducing costs. This breakthrough book reports on and explores the practical applications of a "new math of productivity," informing managers about innovative approaches to accounting in high-tech manufacturing that take a proactive role in planning, managing, and reducing costs.