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Tactic to follow if the market price goes up. Would it raise the profit margin or increase the target cost? Tactic when the price of

Tactic to follow if the market price goes up. Would it raise the profit margin or increase the target cost?

Tactic when the price of the market falls. Would it lower the profit margin or implement controls to further reduce the target cost?

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Present Market Price Profit Actual Cost Expected Market Price Desired Profit Required cost reduction Target Cost

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