P4P Presentation Overview 1.P4P: Behavioral Issues Technical Issues 2.Behavioral Issues 3.Motivation 4.Effort 5.Feedback 6.Technical Issues 7.Stochastic.

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Presentation transcript:

P4P Presentation Overview 1.P4P: Behavioral Issues Technical Issues 2.Behavioral Issues 3.Motivation 4.Effort 5.Feedback 6.Technical Issues 7.Stochastic simulation, Cholesky, artificial intelligence 8.Examples: Algebra Statistical procedure Goal Seek Solver (optimization) 9.Conclusion August 2010AAA: San Francisco1

Practice4Performance Consideration Technical and Behavioral Issues 1.History 2.Objectives: 1.Behavioral issues: motivation, effort, feedbackBehavioral issues 2.Technical issues: hardware, softwareTechnical issues August 2010AAA: San Francisco2

Behavioral Issues August 2010AAA: San Francisco3 Motivation Effort Feedback Aptitude Performance

External Motivation Location: home, dormitory Attempts: repeat homework, quizzes and exams Attempts: repeat homework, quizzes and exams Partial scoring: 32, 16, 4, 2, 1 versus 0, 1 Weight maximum score more heavily Educational linkage between Practice/Homework and Quiz/Exam Educational linkage between Practice/Homework and Quiz/Exam Bonus system August 2010AAA: San Francisco4 (return)

External Motivation Location: home, dormitory August 2010AAA: San Francisco5 (return)

External Motivation Attempts: repeat homework, quizzes and exams August 2010AAA: San Francisco6 (return)

External Motivation Partial scoring: 32, 16, 4, 2, 1 versus 0, 1 August 2010AAA: San Francisco7 (return)

External Motivation Weight maximum score more heavily August 2010AAA: San Francisco8 (return)

External Motivation Educational linkage between Practice/Homework and Quiz/Exam August 2010AAA: San Francisco9 (return)

Effort: Effective and Efficient Voluntary Practice – Quantity – Quality Elapsed Time August 2010AAA: San Francisco10 (return)

Effort: Effective & Efficient August 2010AAA: San Francisco11 (return)

Effort: Effective & Efficient August 2010AAA: San Francisco12 (return)

Feedback Detailed Solutions Class Grades Analysis of Performance August 2010AAA: San Francisco13 (return)

Feedback Detailed solutions August 2010AAA: San Francisco14 (return)

Feedback Detailed solutions August 2010AAA: San Francisco15 (return)

Feedback Class Grades August 2010AAA: San Francisco16 (return)

Feedback Class Grades August 2010AAA: San Francisco17 (return)

Feedback Analysis of Performance August 2010AAA: San Francisco18 (return)

Feedback Analysis of Performance August 2010AAA: San Francisco19 (return)

Feedback Analysis of Performance August 2010AAA: San Francisco20 (return)

Technical Issues Simple arithmetic (add, subtract, multiply, divide) Versus Complex algebra (statistical procedures, convex solution spaces) The Use of Stochastic Simulation in Knowledge- Based System, S. Raghunathan, P. Tadikamalla, Decision Sciences; Nov/Dec 1992 August AAA: San Francisco

Technology 1.Generate new set values a.Stochastic simulation b.Cholesky's algorithm – dependent versus independent 2.Instantiate a.Statistical procedure b.Excel-Solver/GoalSeek 3.Structural integrity a.Artificial intelligence constructs 4.Iterate until AI are TRUE 5.Parse to HTML August 2010AAA: San Francisco22

August 2010AAA: San Francisco23 Stochastic Simulation, Choleskys Algorithm and Artificial Intelligence Constructs

Four situations with this set of values: 1.Both variables significant: DL hrs & MC hrs 2.DL hours significant 3.MC hours significant 4.Both variables insignificant WinDoor Company specializes in making custom windows and doors for 'upscale homes'. Tito Rodriguez employs several framers and glazers to do the work for him. It is essential for him to have accurate indirect cost estimates so he can determine the price to charge the customer. Tito has been using the job's direct labor hours for his indirect cost estimations. Recently he decided to include the machine hours - the direct labor hours and machine hours - as a cost driver. Their cost is significant because many jobs require time consuming machining for elaborate framing. Tito has kept careful records of these expenses for the last 12 months: Technology: An example August AAA: San Francisco

Cost Estimation: Multiple Regression Question Tito has been using the job's direct labor hours for his indirect cost estimations. Recently he decided to include the machine hours - the direct labor hours and machine hours - as a cost driver. Their cost is significant because many jobs require time consuming machining for elaborate framing. Tito has kept careful records of these expenses for the last 12 months: WinDoor Company specializes in making custom windows and doors for 'upscale homes'. Tito Rodriguez employs several framers and glazers to do the work for him. It is essential for him to have accurate indirect cost estimates so he can determine the price to charge the customer. August AAA: San Francisco

Capital Expenditure August 2010AAA: San Francisco26

ABC: Breakeven Analysis – Goal Seek August 2010AAA: San Francisco27

ABC: Multi Product - Solver August 2010AAA: San Francisco28

Motivation, Effort, Feedback August 2010AAA: San Francisco29

Anecdotal Evidence: Motivation, Effort, Feedback August 2010AAA: San Francisco30

Case, MiniCase, Exercise, Problem August 2010AAA: San Francisco31

Case, MiniCase, Exercise, Problem August 2010AAA: San Francisco32

Practice4Performance August 2010AAA: San Francisco33 McGraw-HillWiley Cost Management: A Strategic Emphasis Blocher, Stout, Cokins Financial Accounting in an Economic Context Pratt Managerial Accounting Garrison, Noreen, Brewer Advanced Accounting Jeter, Chaney P4P processes 12,000 questions in 90 minutes Questions??