Kumar (University of St. Thomas) and Meade (Western Michigan University) investigate the magnitude and duration of the negative impact on reported profits experienced during a lean
manufacturing implementation. The analysis identifies how the decline in income is the result of past poor manufacturing practices that are being cleaned up by operational improvements. A
simulated factory model generates one year of data for three inventory policies using five accounting systems to determine gross and net profit levels. Tables in the appendices list 35
replication datasets for each accounting system under evaluation. Distributed in the U.S. by Taylor & Francis. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)
