Kaizen costing helps to
A) reduce product costs of products in the design and development stage.
B) keep the target cost as the primary focus after a product enters production.
C) keep profit margin relatively stable as product price declines over the product life cycle.
D) reduce the cost of engineering change orders during each stage of the product life cycle.
Correct Answer:
Verified
Q65: Successful product development should include
A)kaizen costing.
B)value engineering.
C)kanban
Q66: Target costing
A)can be applied to services if
Q67: Striving for flexibility in the number of
Q68: Reducing setup time is a major aspect
Q69: In a JIT system,the quality of each
Q71: Which of the following formulas is the
Q72: A mandate to reduce costs,increase product quality,and/or
Q73: _ is a "pull" system of production
Q74: Kaizen costing is used for which
Q75: Just-in-time (JIT)inventory systems
A)result in a greater number
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