Abstract
Abstract An accounting model directing the investments of assets in small lot sized production to profitable capital investments and products is presented. The model helps the management of a company to make right decisions faster and more precisely when using flexible automation. The new book keeping law, from 1993, sets the requirement that the general production costs shall be included in the investments of assets. The life cycle costs of an investment are treated as variable costs. A comparison between the old and the new cost accounting system is carried out.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
