An introduction to Mathematical models For planning and Control

  • R. J. Briston


The objective of this chapter is to explain some of the relatively recent developments in the application of mathematical models to the field of managerial accounting. It is intended to supply merely an appreciation of the way in which mathematically based accounting systems may be developed, despite the fact that, at present, they are not extensively used in practice. This is an example of the fact that accounting is a discipline which is developing and capable of further development — even though it is not absolutely certain which direction future developments will take.


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Notes and References

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    J. L. Livingstone, ‘Input-Output Analysis for Cost Accounting’, Accounting Review (January 1969).Google Scholar
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    J. Samuels, ‘Opportunity Costing: An Application of Mathematical Programming’, Journal of Accounting Research (Autumn 1965).Google Scholar
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    J. S. Demski; ‘The Accounting System Structured on a Linear Programming Model’, Accounting Review (October 1967)Google Scholar
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    C. R. Tomkins, Financial Planning in Divisionalised Companies (Haymarket Press, 1973), chapter 4.Google Scholar
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    J. Hirshleifer, ‘On the Economics of Transfer Pricing’, Journal of Business (July, 1956); ‘Economics of the Divisionalised Firm’, Journal of Business (April, 1957); ‘Internal Pricing and Decentralised Decisions’, in Management Controls, ed. Bonini et al. (New York: McGraw-Hill, 1964).Google Scholar
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    J. R. Gould, ‘Internal Pricing in Firms Where There Are Costs of Using an Outside Market’, Journal of Business (January 1964).Google Scholar
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    D. Solomons, Divisional Performance: Measurement and Control (Research Foundation, 1965).Google Scholar
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    J. M. Samuels, ‘Penalties and Subsidies in Internal Pricing Policies’, Journal of Business Finance (Autumn 1969).Google Scholar
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    C. S. Greensted, et al., Essentials of Statistics in Marketing (London: Heinemann, 1974).Google Scholar
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    J. D. Wiest, ‘A Heuristic Model for Scheduling Large Projects with Limited Resources’, Management Science (February 1967).Google Scholar
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    W. R. Ross, ‘Pert/Cost Resource Allocation Procedure’, Accounting Review (July 1966).Google Scholar
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    Haim Levy and Marshall Sarnat, Capital Investment and Financial Decisions (Englewood Cliffs, N.J.: Prentice-Hall, 1978).Google Scholar
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Copyright information

© R. J. Briston, J. R. Davies, P. N. Dean, C. Edwards, S. Ewing, C. S. Greensted, D. Lyall, the estate of C. McGeehan, W. McInnes, A. J. Millar, E. P. Minnis, L. Oakes, R. Perks, C. R. Tomkins 1981

Authors and Affiliations

  • R. J. Briston
    • 1
    • 2
  1. 1.University of StrathclydeUK
  2. 2.University of East AngliaUK

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