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INPUT COSTS OF PRODUCING UNIVERSITY DEGREES: A CASE STUDY
Author(s) -
EWALD A. A.,
KIKER B. F.
Publication year - 1971
Publication title -
decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.238
H-Index - 108
eISSN - 1540-5915
pISSN - 0011-7315
DOI - 10.1111/j.1540-5915.1971.tb00896.x
Subject(s) - product (mathematics) , computer science , statement (logic) , operations research , capital (architecture) , mathematics , political science , geography , geometry , archaeology , law
Abstract In this paper, we devise a cost allocation matrix and employ it to estimate the average input (net of capital) cost to the University of South Carolina of producing various degrees. The end product of our technique permits a statement of the comparative input costs of producing degrees from each of the several product (degree‐granting) divisions within the university. These cost estimates should be useful to administrators concerned with establishing tuition rates. Although our data are for a particular university, factor inputs used by this university for transmitting knowledge are taken from regional, national and international markets. Curricula for similar degrees in different universities are similar in composition. Hence, our study should have general applicability.