Reducing total product costs to achieve desired target cost
Question: Explain the two methods for reducing total product costs to achieve a desired target cost. Which is more common in the consumer electronic industries? In the specialized equipment manufacturing industries?
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Question: Explain the two methods for reducing total product costs to achieve a desired target cost.
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Looking at each, there is clearly a tension between the two. For example, the Mexico New York School District held a fund raiser selling bricks
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