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The System That First Measures the Resources Used in Performing

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Short Answer

The system that first measures the resources used in performing the organization's activities and then assesses the effects on costs of changes in those activities


Definitions:

Derivative Action

In control systems, a component of a PID controller that predicts system behavior and acts proportionally to the rate of change of the error signal.

Error Signal

A feedback signal indicating a discrepancy between the desired and actual performance of a system.

Proportional Bandwidth

In control systems, a parameter that determines the range over which the output is modified in proportion to the error or difference from a set point.

Time Proportioning Control

This control method adjusts the duty cycle of an output to regulate a process variable, commonly used in temperature control systems.

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