For instance, while part of the class participates in a production line simulation at the front of the classroom, others complete observation sheets to accumulate information about waste and inefficiency. Beyond management accounting. ET 2 assignments also have been used in other courses. All accounting majors take an accounting information systems course. One of the computer assignments requires students to work in the context of ET 2 to develop a materials inventory status reporting system with a users manual.
Students demonstrate the system s viability in class.
In a general education course on accountability for quality, a production line simulation shows students how prevention and appraisal activities decrease failure costs. Students relate these concepts to actual service organizations they interview for a research project. Because fast food, health care and banking institutions share many of the same qualities of a production line s sequential process, students can easily transfer their manufacturing knowledge to a service organization setting. Use LEGO building materials to assemble a product prototype while reviewing product cost terminology, manufacturing inventories, potential causes of variances and costs of quality. To understand cost concepts and terminology.