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target cost

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  • Target price — may mean different things:#The price at which a stockholder is willing to sell his/her stock. #The price at which a seller projects that a buyer will buy a product. This article will attempt to expand this definition. Target price is the price at …   Wikipedia

  • Target costing — is a pricing method used by firms. It is defined as a cost management tool for reducing the overall cost of a product over its entire life cycle with the help of production, engineering, research and design . A target cost is the maximum amount… …   Wikipedia

  • Cost-plus-incentive fee — A CPIF Cost Plus Incentive Fee contract is a cost reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs.[1] Like a cost plus …   Wikipedia

  • target costing — A method of costing products or services to reflect the price that customers are willing to pay. Target costing has four stages. (1) Identify the target price that customers will pay for the product. This involves market research to identify… …   Accounting dictionary

  • target costing — A method of costing products or services to reflect the price that customers are willing to pay. Target costing has four stages: • (1) Identify the target price that customers will pay for the product. This involves market research to identify… …   Big dictionary of business and management

  • Target Field — Location 1 Twins Way (3rd Ave. N, between 5th St. N and 7th St. N) Minneapolis, Minnesota …   Wikipedia

  • Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined …   Wikipedia

  • Cost–benefit analysis — (CBA), sometimes called benefit–cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project for two purposes: (1) to determine if it is a sound investment (justification/feasibility), (2) to see how… …   Wikipedia

  • Cost centre — Cost centres are divisions that add to the cost of the organization, but only indirectly add to the profit of the company. Typical examples include Research and Development, Marketing and Customer service.Companies may choose to classify business …   Wikipedia

  • Cost-Volume-Profit Analysis — Cost Volume profit (CVP), in managerial economics is a form of cost accounting. It is a simplified model, useful for elementary instruction and for short run decisions. Cost volume profit (CVP) analysis expands the use of information provided by… …   Wikipedia

  • Target Corporation — This article is about the United States retail company and its stores. For the Australian retail stores, see Target Australia. Target Corporation Type Public company Traded as NYSE:  …   Wikipedia

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