Kemps LLC: Introducing Time-Driven ABC:
1. Assess the way in which the time-driven ABC system was implemented at Kemps. What do you like about the approach taken by Kemps? What are you less happy with, and what would you have done differently?
2. How would a conventional ABC system be different from the time-driven approach implemented by Kemps? At Kemps, what would be the strengths and weaknesses of both approaches?
3. What types of actions are Kemps managers now taking with their new ABC reports? How are they using the cost system to improve their decision making?