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Cost and Optimization in Government

Cost and Optimization in Government

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  • ISBN:9781420067217
  • Editorial: Routledge
  • Fecha de la edición:
  • Encuadernación:
  • Nº Pág.:366
  • Idiomas:Ingles,Inglés

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The careful management of costs and operations are two of the most essential elements of operating any successful organization, public or private. While the private sector is driven by profit-maximizing incentives to keep costs to a minimum, the public sectors mission and goals are guided by a different set of objectives: to provide a wide range of essential goods and services to maintain social order, improve public health, revitalize the economy, and, most importantly, to improve the quality of life for its citizens. Although the objectives are different, it is just as important for public decision makers to make the best use of available resources by keeping the cost of operation to a minimum. This book demonstrates that with a careful emphasis on cost accounting, operations management, and quality control, all organizations and governments can increase efficiency, improve performance, and prepare to weather hard times.

This book is divided into three parts: Part I offers thorough coverage of cost fundamentals, with an emphasis on basic cost concepts, cost behavior, cost analysis, cost accounting, and cost control. Part II examines optimization in costs and operations in government including traditional or classical optimization with applications in inventory management and queuing, followed by mathematical programming and network analysis. Finally, Part III explores special topics in cost and optimization, in particular those related to games and decisions, productivity measurement, and quality control. Simple, accessible language and explanations are integrated throughout, and examples have been drawn from government so that readers can easily relate to them. Cost and Optimization in Government is required reading for practicing public managers and students of public administration in need of a clear, concise guide to maximizing public resource efficiency.

About the Author

Preface

Acknowledgments

PART 1: Cost Basics

Chapter One: Basic Cost Concepts

Chapter Two: Cost Behavior

Chapter Three: Cost Analysis

Chapter Four: Cost Accounting

Chapter Five: Cost Control

PART 2: Optimization in Government

Chapter Six: Classical Optimization

Chapter Seven: Mathematical Programming

Chapter Eight: Network Analysis

PART 3: Special Topics in Cost and Optimization

Chapter Nine: Games and Decisions

Chapter Ten: Productivity Measurement

Chapter Eleven: Quality Control

Chapter Twelve: Beyond Cost and Optimization

Bibliography

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