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Target costing and value engineering

Cooper, Robin
Slagmulder, Regine
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1997
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Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering.
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Management Accounting & Control
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