Footnote:
In: Journal of Academic Studies (Akademik Arastirmalar Dergisi), Vol. 4, No. 15, pp. 25-34, November 2002-January 2003
Description:
Considered in this paper is target costing, a cost management tool that helps managers cut costs. Target costing focuses on design and the entire life of a product. The objective of the method is to provide adequate profits by focusing on profit and cost planning over the entire value chain. The most difficult part of this process is making the cost improvements necessary through value engineering methods in order to achieve target cost