Cost Analysis and Control

Course

Learning outcome

         (at course level)

Learning and teaching strategies

Assessment Strategies 

Course Code

Course title

24DATG803 

Cost Analysis and Control

(Theory)

CO235:Demonstrate the understanding of theory of price and its implications, including pricing in recession and below marginal cost and Gain proficiency in utilizing the learning curve theory.

CO236:Analyze transfer pricing methods, decision-making in diverse circumstances, and apply cost reduction and value analysis techniques.

CO 237:Apply statistical and operations research techniques for cost control, including inventory models, decision-making under uncertainty, and variance investigation models.

CO 238: Gain insights into recent cost management developments, including TQM implementation, JIT prerequisites and impact, and life cycle costing strategies and benefits.

CO 239 : Gain knowledge of process innovation, Business Process Re-engineering (BPR), target costing, and Pareto Analysis, and apply them for improved profitability and cost control.

CO240: Contribute effectively in course-specific interaction

Approach

in

teaching:

Interactive

Lectures,

Discussion,

Tutorials,

Reading

assignments; Solving

Questions.

Learning

activities

for the

students:

Self-learning

assignments, Case Study analysis, Presentation,

Class test, Semester end examinations, Quiz, Solving problems, Assignments, Presentation, Individual and group projects.