Enter the World of Activity-based Costing--Dickeson

Now that our new ABC model has told you how much the idle time of that binder is costing you every day, what are you going to do about it? What's your action decision? List your alternatives. There are always alternatives.

The first is to do nothing—hope that something will turn up. But, wait a minute. That's what you've been doing for years and you're pulling down 3 percent to 4 percent on value-added sales. Okay. What are some other alternatives?