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Synopsis
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About the Authors
Alejandro Serrano is Professor of Supply Chain Management at the MIT–Zaragoza International Logistics Program, Lecturer at IESE Business School, and Research Affiliate at the MIT Center for Transportation and Logistics.
Spyros D. Lekkakos is Assistant Professor at the MIT–Zaragoza International Logistics Program and Research Affiliate at the MIT Center for Transportation and Logistics.
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PracticalFinanceforOperationsandSupplyChainManagem Format: ClothOverBoards
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Practical Finance for Operations and Supply Chain Management (Hardcover)
Published by
MIT Press Ltd, Cambridge, Mass., 2020
ISBN 10: 0262043599
ISBN 13: 9780262043595
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Hardcover. Condition: new. Hardcover. An introduction to financial tools and concepts from an operations perspective, addressing finance/operations trade-offs and explaining financial accounting, working capital, investment analysis, and more.Students and practitioners in engineering and related areas often lack the basic understanding of financial tools and concepts necessary for a career in operations or supply chain management. This book offers an introduction to finance fundamentals from an operations perspective, enabling operations and supply chain professionals to develop the skills necessary for interacting with finance people at a practical level and for making sound decisions when confronted by tradeoffs between operations and finance. Readers will learn about the essentials of financial statements, valuation tools, and managerial accounting.The book first discusses financial accounting, explaining how to create and interpret balance sheets, income statements, and cash flow statements, and introduces the idea of operating working capital-a key concept developed in subsequent chapters. The book then covers financial forecasting, addressing such topics as sustainable growth and the liquidity/profitability tradeoff; concepts in managerial accounting, including variable versus fixed costs, direct versus indirect costs, and contribution margin; tools for investment analysis, including net present value and internal rate of return; creation of value through operating working capital, inventory management, payables, receivables, and cash; and such strategic and tactical tradeoffs as offshoring versus local and centralizing versus decentralizing. The book can be used in undergraduate and graduate courses and as a reference for professionals. No previous knowledge of finance or accounting is required. An introduction to financial tools and concepts from an operations perspective, addressing finance/operations trade-offs and explaining financial accounting, working capital, investment analysis, and more. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780262043595
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PracticalFinanceforOperationsandSupplyChainManagem Format: ClothOverBoards
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Practical Finance for Operations and Supply Chain Management
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Practical Finance for Operations and Supply Chain Management
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Practical Finance for Operations and Supply Chain Management
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Practical Finance for Operations and Supply Chain Management (The MIT Press)
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Practical Finance for Operations and Supply Chain Management (The MIT Press)
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Practical Finance for Operations and Supply Chain Management
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Hardback. Condition: New. Seller Inventory # LU-9780262043595