Using targeted costing and simultaneous engineering to improve product quality and reduce costs An applied study in the Diwaniyah tire factory
DOI:
https://doi.org/10.36325/ghjec.v18i1.13971Keywords:
Target cost, Concurrent engineering, Improving product qualityAbstract
The research aims to study and apply modern cost techniques, especially the techniques of target cost and concurrent engineering with its three dimensions, product design, production process design, supply chain design, because of their important role in improving product quality and reducing the time of designing, manufacturing, assembling and marketing products and performing production processes in conjunction with each other, The research was conducted in Al Diwaniyah tire factory of the State Company for Rubber industries and tires, To achieve this goal, the researchers also relied on the deductive approach in completing the theoretical part and the inductive approach in completing the practical part. the results indicate that there is a necessity for the factory to adopt the research sample of modern financial and cost techniques, especially the target cost and concurrent engineering for its important role in developing and improving product quality and cost reduction.
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Copyright (c) 2022 Majeed Abdul Hussein Al-Maryani, Ali Jawad Kazem Al-Saadawi
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