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Value Added Models in Education: Theory and Applications Edited by Robert W. Lifshitz Director of the Maryland Assessment Research Center for Education Success Department of Measurement, Statistics
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Value added models are used to calculate the total value added to a product or service at each stage of production.
Companies involved in the production or distribution of goods or services are required to file value added models.
Value added models can be filled out by documenting the value added at each stage of production and calculating the total value added.
The purpose of value added models is to track the contribution of each stage of production to the overall value of a product or service.
Information such as costs, revenue, and value added at each stage of production must be reported on value added models.
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