You will learn market-driven approaches that involve you analysing your organisation's customers and determining a pricing strategy that delivers your profit goals.
Learning Objectives
• Analyse target costing as a tool to remain cost competitive.
• Identify life cycle costing and its implications on marketing strategies.
• Analyse learning curves and their use in predicting product/service costs.
Major Topics
• Target costing
• Life cycle costing
• Learning curves, learning rate and learning index
