A cost variance investigation using belief functions
Publication Type
Book
Publication Date
1-2006
Abstract
Using belief functions, this paper develops a model of the situation of a management team trying to decide if a cost process is in control, or out of control and, thus, in need of investigation. Belief functions allow accounting for uncertainty and information about the cost processes, extending traditional probability theory approaches. The purpose of this paper is to build and investigate the ramifications of that model. In addition, an example is used to illustrate the process.
Discipline
Accounting
ISBN
0-7623-1221-1
Citation
LU, Hai; LAWRENCE, Kenneth; and LU, Hai.
A cost variance investigation using belief functions. (2006).
Available at: https://ink.library.smu.edu.sg/soa_research/1714
Additional URL
http://worldcat.org/isbn/978-0-85724-999-9