Price and Product-Mix Decisions Under Different Cost Systems

  • Philipp Plank

Part of the Quantitatives Controlling book series (QC)

Table of contents

  1. Front Matter
    Pages I-XXV
  2. Philipp Plank
    Pages 1-5
  3. Philipp Plank
    Pages 7-39
  4. Philipp Plank
    Pages 117-118
  5. Back Matter
    Pages 119-132

About this book


​Philipp Plank analyses the question, what drives the quality of cost-systems and is the quality of cost-systems directly and at best positively related to the firms’ performance. In other words, is it worth investing in complex cost allocation systems or are there environmental and/or production settings in which less enhanced systems perform adequately. Using simulations, a benchmark firm (first-best solution) perfectly allocating cost to products is compared to firms implementing heuristic cost-allocation schemes (second-best solution) to identify the profit gap resulting from decisions based on limited information. Into this discussion, the idea of cost-stickiness is integrated, thereby indicating a new planning approach.

  • About the adequacy of full-costing for decision making
  • From cost system design to pricing and portfolio decisions
  • About the adequacy of simulations in management accounting research
  • A theory review of relevant simulation models in management accounting
  • Price and product-mix decisions under different cost systems
  • Extended decision model incorporating cost-stickiness

Target Groups
  • Academics and students in the fields of planning and accounting
  • Practitioners in controlling

The Author
Philipp Plank received his doctoral degree from the University of Cologne under the supervision of Prof. Dr. C. Homburg. He now works as a project manager und data scientist.


Activity based costing Activity based pricing Cost planning Simulation models Cost-stickiness

Authors and affiliations

  • Philipp Plank
    • 1
  1. 1.Seminar für ABWL & ControllingUniversität zu KölnKölnGermany

Bibliographic information

  • DOI
  • Copyright Information Springer Fachmedien Wiesbaden GmbH 2018
  • Publisher Name Springer Gabler, Wiesbaden
  • eBook Packages Business and Management
  • Print ISBN 978-3-658-19320-1
  • Online ISBN 978-3-658-19321-8
  • Buy this book on publisher's site