What does the concept of value engineering mean? How is it used in target costing?

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Question Posted: Apr 18, 2013 05:12 AM

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What does the concept of value engineering mean? How is it used in target costing?

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Value engineering is used in target costing to reduce product cost by analyzing the tradeoffs betwee...View the full answer

Cost management a strategic approach

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