If an organisation is able to charge extra to a customer who consumes greater company resources then the fact that they require extra servicing is not a problem.
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Q4: A target cost is the minimum cost
Q5: The decisions made during the design phase
Q6: Kaizen costing is concerned with continuous improvement
Q7: Focusing on the customers or clients as
Q8: Life cycle costing focuses on costs incurred
Q10: Customers that are found to be the
Q11: The supply chain involves suppliers, but not
Q12: Life cycle costing is used when a
Q13: Kaizen costing relies on price forecasts.
Q14: Target costing involves not only cost, but
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