Thursday, October 26, 2006

Simulation

I had to give a presentation in my Cost Accounting class yesterday. My group had to demonstrate the Theory of Constraints, which, if you don't know what that is, is not very exciting. However, we really spiced it up by giving the class an activity to showcase what they had learned. The output of this simulation: Accounting-themed Christmas ornaments! I think that they will be a huge hit in the upcoming holiday season. Here, the lovely Abbie markets some of our product. The "MOH" is an acronym for "manufacturing overhead," and the "COGS" stands for "cost of goods sold." This project was especially useful because now I won't have to do any shopping for Christmas presents!

This week, we had a career fair at Truman, so I got to meet a ton of potential employers. I am feeling pretty excited about my actuarial opportunities after graduation.

4 comments:

mom said...

We are so fortunate to be receiving knitted presents from Sarah and accounting Christmas ornaments from you! I am looking forward to the knitting slightly more, but your ornaments will be future conversation pieces, I am sure.

Pa said...

Pinch me...

Abbie said...

I've had my fill of those ornaments.

grandma said...

I'm delighted that you are feeling good about your actuarial future. I also am delighted that now I know that MOH means manufacturing overhead and COGS means cost of goods sold. Old brains need to learn something new every day.