Volume 18, No. 6, 2021

The Integration Of The Two Techniques Of Target Costing And Value Analysis And Its Role In Managing And Reducing The Cost Of The Product (Applied Study In The General Company For Electrical Industries / Air Conditioner Factory)


Zainab Hadi Mahdi , Alaa miran Hussein , Baraa bazzawi Hussein

Abstract

The research aims to address the knowledge bases of the target cost technology by addressing the concept and importance of this technology and its basic principles and steps for its application in economic units, in addition to clarifying the role of target cost technology and value analysis in reducing costs associated with components and functions that do not add value. A basic hypothesis has been put forward: There is a possibility to reduce costs using target costing, analysis and value analysis in a way that helps reduce costs associated with components and functions that do not add value. The research was applied in the General Company for Electrical Industries for the data for the year 2020, and a set of conclusions was reached, the most important of which was the integration of the two techniques of target cost and value analysis and its role in managing and reducing the cost of air conditioning (2) tons of heating and cooling windows.


Pages: 6096-6112

Keywords: The research aims to address the knowledge bases of the target cost technology by addressing the concept and importance of this technology

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