Accounting for preference dependency in target costing – a note
Sign Up to like & getrecommendations! Published in 2021 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-021-00962-9
Abstract: Target costing is a well-established strategic cost management tool in theory and practice. The original target costing model implies independence of customer preferences resulting in additive utility functions for the customer-oriented optimization of cost structures.… read more here.
Keywords: customer; preference; minimum variant; target ... See more keywords
The complementary association between value chain analysis and target costing system to strengthen the competitiveness: An applied study on Saudi manufacturing companies in Al-Kharj
Sign Up to like & getrecommendations! Published in 2019 at "Management Science Letters"
DOI: 10.5267/j.msl.2019.5.031
Abstract: The value chain and the target cost play significant role in achieving competitive advantage in many areas where both concepts are complement to each other. The two concepts also aim to reduce cost and maintain… read more here.
Keywords: target costing; value; chain analysis; value chain ... See more keywords