An instructional exercise on target cost management: a customer centered product design approach
A Target Cost Management approach is customer, design, and process focus. The authors have developed an in-class exercise on TCM. This exercise can be used to involve students or practitioners in a dynamic process where a new product development (NPD) process is enhanced by the use of several cost m...
| Autor principal: | |
|---|---|
| Outros Autores: | |
| Formato: | conferencePaper |
| Idioma: | eng |
| Publicado em: |
2009
|
| Assuntos: | |
| Texto completo: | http://hdl.handle.net/1822/18369 |
| País: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/18369 |
| Resumo: | A Target Cost Management approach is customer, design, and process focus. The authors have developed an in-class exercise on TCM. This exercise can be used to involve students or practitioners in a dynamic process where a new product development (NPD) process is enhanced by the use of several cost management techniques. This exercise has been applied in the academic year of 2008/09 by two teams of students. The exercise was designed considering previous work [1-3]. Nevertheless, several changes, adaptations and improvements were made. This article presents the TCM exercise and discusses its implications. This work offers a basis for further replications in a classroom setting and also can be used to demonstrate the role of target costing in NPD processes to an audience of practitioners. |
|---|