A Classroom Exercise to Examine the Trade-off between Mission Capacity and Life Cycle Cost

Autor/inn/en	Kang, Keebom; Doerr, Kenneth H.
Titel	A Classroom Exercise to Examine the Trade-off between Mission Capacity and Life Cycle Cost
Quelle	In: Decision Sciences Journal of Innovative Education, 13 (2015) 1, S.3-20 (18 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1540-4595
DOI	10.1111/dsji.12055
Schlagwörter	Business Administration Education; Class Activities; Simulation; Graduate Students; Public Sector; Institutional Mission; Life Cycle Costing; College Instruction + Suchen Sie Ihr Suchwort? Simulation program; Simulationsprogramm; Graduate Study; Student; Students; Aufbaustudium; Graduiertenstudium; Hauptstudium; Studentin; Öffentlicher Sektor; Lebenszyklusanalyse; Hochschullehre
Abstract	This article presents a classroom exercise, centered on a simulation that has been used for 4 years in an MBA program to help students develop an understanding of the trade-offs involved in managing capital assets in the public sector. Though often ignored in business schools, "mission" is a key criterion that must be considered when managing such assets, and acts as a surrogate for profit. The case presents a rich environment in which the impact of cost reductions (or additional investments) on mission can be quantified, and trade-offs can be assessed and discussed. It gives students a chance to develop creative ideas for process improvement, and provides sufficient data for them to analyze the impact of their suggestions in a rigorous way. (As Provided).
Anmerkungen	Wiley-Blackwell. 350 Main Street, Malden, MA 02148. Tel: 800-835-6770; Tel: 781-388-8598; Fax: 781-388-8232; e-mail: cs-journals@wiley.com; Web site: http://www.wiley.com/WileyCDA
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01