Financial reporting at the MIT Formula SAE team : a case study
Thesis (S.B.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2006.
| Main Author: | |
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| Other Authors: | |
| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2007
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| Online Access: | http://hdl.handle.net/1721.1/36698 |
| _version_ | 1811070438644645888 |
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| author | Sorge, Matthew Hans |
| author2 | Daniel Frey. |
| author_facet | Daniel Frey. Sorge, Matthew Hans |
| author_sort | Sorge, Matthew Hans |
| collection | MIT |
| description | Thesis (S.B.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2006. |
| first_indexed | 2024-09-23T08:36:01Z |
| format | Thesis |
| id | mit-1721.1/36698 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T08:36:01Z |
| publishDate | 2007 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/366982019-04-09T18:41:36Z Financial reporting at the MIT Formula SAE team : a case study Financial reporting at the Massachusetts Institute of Technology Formula Society of Automotive Engineers team : a case study Sorge, Matthew Hans Daniel Frey. Massachusetts Institute of Technology. Dept. of Mechanical Engineering. Massachusetts Institute of Technology. Dept. of Mechanical Engineering. Mechanical Engineering. Thesis (S.B.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2006. Includes bibliographical references. A case study was performed on the financial reporting at the MIT Formula SAE team. For each section of the car it was necessary to provide three main financial documents: Bill of Materials, Process Descriptions, and Fasteners. Additionally, the team had to adhere to specific guidelines for preparing these documents and for compiling them all together to create the team's cost report. The purpose of the case study was threefold. First, it was intended to improve upon the quality and score of the cost report from previous years. Second, it was intended to alleviate some of the pressure from the team managers by not having to worry about preparing the cost report themselves. Finally, the case study was intended to help facilitate the preparation of the cost report in future years, so it does not have to be overshadowed by the completion of the vehicle. Therefore, the trend of increasing performance of the cost report can be maintained. In the end, the study proved to increase the team's cost report score, allowed the team managers to focus more on the production of the vehicle, and yielded templates and instructions, as well as a standard, for preparing future cost reports. by Matthew Hans Sorge. S.B. 2007-03-12T17:45:29Z 2007-03-12T17:45:29Z 2006 2006 Thesis http://hdl.handle.net/1721.1/36698 77538895 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 20 leaves application/pdf Massachusetts Institute of Technology |
| spellingShingle | Mechanical Engineering. Sorge, Matthew Hans Financial reporting at the MIT Formula SAE team : a case study |
| title | Financial reporting at the MIT Formula SAE team : a case study |
| title_full | Financial reporting at the MIT Formula SAE team : a case study |
| title_fullStr | Financial reporting at the MIT Formula SAE team : a case study |
| title_full_unstemmed | Financial reporting at the MIT Formula SAE team : a case study |
| title_short | Financial reporting at the MIT Formula SAE team : a case study |
| title_sort | financial reporting at the mit formula sae team a case study |
| topic | Mechanical Engineering. |
| url | http://hdl.handle.net/1721.1/36698 |
| work_keys_str_mv | AT sorgematthewhans financialreportingatthemitformulasaeteamacasestudy AT sorgematthewhans financialreportingatthemassachusettsinstituteoftechnologyformulasocietyofautomotiveengineersteamacasestudy |