Developments
in Cost Analysis
lQCT Based Decisions – Quality, Cost and Time
lLife Cycle Costing – Analyse the costs of
activities that occur
over the life cycle of the product
lTarget Costing
than Cost Plus Costing – Target Costing
is the product cost that must be
achieved for a product
to be viable in the long term
lActivity Based Costing/ Management - analysing
activities, cost drivers
and performance so that customer value and profitability are improved
