How Long to Read Target Costing and Value Engineering

By Robin Cooper

How Long Does it Take to Read Target Costing and Value Engineering?

It takes the average reader 5 hours and 57 minutes to read Target Costing and Value Engineering by Robin Cooper

Assuming a reading speed of 250 words per minute. Learn more

Description

What would happen if everyone in your company followed a disciplined approach to cost reduction? Go ahead -- imagine it. What would it look like? How can it be done? The answer -- smart cost management. 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. Target Costing Objectives: Identify the cost at which your product must be manufactured at if it is to earn its profit margin at its expected target selling price. Break the target cost down to its component level and have your suppliers find ways to deliver the components they sell you at the set target prices while still making adequate returns. Value Engineering: The connection to function: An organized effort and team based approach to analyze the functions of goods and services that the design stage, and find ways to achieve those functions in a manner that allows the firm to meet its target costs. The result: Added value for your company (development costs on-line with added value for your company; development costs on-line with selling prices) and added value for your customer (higher quality products that meet, possibly even exceed, customer expectations.)

How long is Target Costing and Value Engineering?

Target Costing and Value Engineering by Robin Cooper is 353 pages long, and a total of 89,309 words.

This makes it 119% the length of the average book. It also has 109% more words than the average book.

How Long Does it Take to Read Target Costing and Value Engineering Aloud?

The average oral reading speed is 183 words per minute. This means it takes 8 hours and 8 minutes to read Target Costing and Value Engineering aloud.

What Reading Level is Target Costing and Value Engineering?

Target Costing and Value Engineering is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Target Costing and Value Engineering?

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