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Housekeeping

• Don’t sit on back rows:

• 9:00am section 01 – last two rows• 10:00am section 02 – last two rows• 12 noon section 03 – last two rows• 1:00pm section 04 – use rows 2 & 3 onl

• Syllabus/Class schedule Quiz due Thurs @ noon• Chapter 2 HW is due Saturday, Jan 30th @ noon• Chapter 2 Quiz is due Saturday, Jan 30th @ noon

• !nclu"e course & section # in all emails on sub$ect

line% or e'ample: 2020%003 ((%%

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• Syllabus• ttendance is ta!en, but doesn"t count to#ards $rade

• Class Schedule• %ast day to drop #/o instructor si$nature & 'eb 2(th • %ast day to drop #/ instructor si$nature & pril )th 

• Class *a+ors

• lac!board

• -rade calculation spreadsheet

• the Te.tboo!

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Manufacturers

•  Three inventory accounts

0)oprig*t + 201, -earson ."ucation/ !nc%

1$

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!uildin" !loc# $ %alue &hain

• 'ctivities that add value to productsand services and cost money(

)oprig*t + 201, -earson ."ucation/ !nc%

1$

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E)$*+'

2)oprig*t + 201, -earson ."ucation/ !nc%

1$ 3

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E)$*+'

3

Cost incurred

Category of the

value chain

Newspaper advertisements

Payment to consultant for advice on location

of new store

Purchases of merchandise

Freight-in

Salespeople’s salaries

Depreciation expense on delivery trucksResearch on whether store should sell

satellite radio service

Customer Complaint Department

Rearranging store layout)oprig*t + 201, -earson ."ucation/ !nc%

Marketing

R&D

R&D

Purchases

Purchases

Marketing

Distribution

Customer Service

Design

45674esearch 5 6e89

6esi$n

1roduction/1urchasin$

:ar!etin$

6istribution

Custo*er Ser8ice

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&ost Ob,ects

• 'nythin" for which mana"ers want aseparate measurement of cost – -irect cost

 – .ndirect cost /websters dictionary 0 NOTdirect1

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1$ )3

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&ost 'ssi"nments2 Trace 3'llocate

;   s  t   i   *  a  t   e  

1$ )3

1$ )3