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STRATEGIC costs management at societies group level. Multicriterial model for optimization


  • Pirvu, Cerasela
  • Mehedintu, Anca


In our opinion, the performances at group level must be analyzed differently, depending on the adopted strategy. Thus, we consider that a major problem of the accounting and cost control is their compatibility with the strategy. This is justified by the fact that a certain system, that can be an efficient instrument for assessing the performances of a group whose strategy is cost dominated, could cause malfunctions in a company that adopts a differentiation strategy. Because groups’ management currently faces a specific problem – adopting decisions when several objectives are followed simultaneously or the same objective common for more branches – we consider that, in such cases, the decisions cannot be based on a classic model of optimization of a single objective function. We consider that an optimization model with several objective functions, which aims at optimizing the costs for the subsidiaries and choosing a satisfactory solution for the company, is necessary.

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  • Pirvu, Cerasela & Mehedintu, Anca, 2009. "STRATEGIC costs management at societies group level. Multicriterial model for optimization," MPRA Paper 17192, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:17192

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    References listed on IDEAS

    1. Jorgen W. Weibull, 1997. "Evolutionary Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262731215, January.
    2. Mateescu, George Daniel, 2006. "On the Application of Genetic Algorithms to Differential Equations," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 3(2), pages 5-9, June.
    3. Mateescu, George Daniel, 2006. "Algoritmi genetici de optimizare," Working Papers of Macroeconomic Modelling Seminar 061002, Institute for Economic Forecasting.
    4. Mateescu, George Daniel & Saman, Corina & Buneci, Mihai, 2007. "Algoritmi genetici," Working Papers of Macroeconomic Modelling Seminar 071402, Institute for Economic Forecasting.
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    More about this item


    costs; the optimization of the costs; decision process; linear programming; games theory.;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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