Many firms choose to achieve target cost through redesign of the product or service because they recognize that design decisions:
A) Are life cycle costs with high downstream costs and benefits.
B) Account for much of the total product life cycle costs.
C) Impact costs at the manufacturing stage of the life cycle.
D) Are critical success factors in most firms.

Question

Quizplus · Accepted Answer

Design decisions account for much of the total product life cycle costs. Therefore, redesigning the product or service can help firms achieve the target cost.

Many Firms Choose to Achieve Target Cost Through Redesign of the Product