Title :
Analysis of the cost variance with moving weighted average method in logistics
Author :
Wang, Ming-xia ; Xu, Yue ; Liu, Xiao-feng
Author_Institution :
Bus. Sch., Univ. of Shanghai for Sci. & Technol., Shanghai, China
Abstract :
Through a systematic study of bulk cargo inventory process, the article discovers the change law of bulk cargo inventory cost with the moving weighted average method, analyses the primary causes of financial variance from the view of planned cost, and then proposes a solution to the question of how to analyze and control financial variance.
Keywords :
costing; financial management; goods distribution; inventory management; logistics; statistical analysis; strategic planning; bulk cargo inventory process; cost variance; financial variance; logistics; moving weighted average method; planned cost; Accuracy; Companies; Educational institutions; Iron; Logistics; cost variance; inventory; logistics; moving weighted average method;
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2011 IEEE 18Th International Conference on
Conference_Location :
Changchun
Print_ISBN :
978-1-61284-446-6
DOI :
10.1109/ICIEEM.2011.6035179
