This is a report of the results of some digital computer simulation studies of a simplified model of a job shop production process. Such factors as the average effectiveness of schedules under the impact of random variations in processing times and the effect of changing operating policies are considered. The average manufacturing times and predictability of completion times were used as measures of effectiveness.

The article describes a procedure to maximize a strictly concave quadratic function subject to linear constraints in the form of inequalities. First the unconstrained maximum is considered; when certain constraints are violated, maximization takes place subject to each of these in equational (rather than inequality) form. The constraints which are then violated are added in a similar way to the constraints already imposed. It is shown that under certain general conditions this procedure leads to the required optimum in a finite number of steps. The procedure is illustrated by an example while also a directory of computations is given.

Abstract The path leading to a degree with a major in accounting is a rugged one at best. Obstacles are to be encountered at every turn. Many an eager student has dashed confidently down this path only abruptly to encounter a sizeable obstacle known as partnership dissolution resulting from the admission of a new partner. Managerial Accounting as a course of study represents a recent addition to the accounting curriculum of many schools of higher education. The addition of this course reflects the current demand for an approach to accounting that emphasizes the utilization of accounting data for management planning and control. At the present time many accounting departments are in the process of reevaluating their entire accounting curriculum to determine to what extent present offerings may continue to serve their traditional purpose as well as fulfill the need for an approach which takes into greater consideration the managerial aspect. The non-accounting major terminates his study of accounting with the Managerial Accounting course. The accounting major, almost without exception, takes the same Managerial Accounting course as the non-major which means that he takes the course between Introductory Accounting and Intermediate Accounting.