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Rasib, yes this relates to TQM. However TQM here is used as an instrument to reduction of cost gap which is target costing issue.
Guys, how do you answer to this question #2, part b? I just want to know the main idea 🙂
Hello guys!
I also choosed Quesion #2. I am not surprized by fact that it was not so popular question as it needs to have quite deep knowledge about target and kaizen costing.. usually these topics are not on first place when you are in your preparation study.Anyways, I would like to know, how did you structure your answer in part b, about implementaton of target costing? It is worth about 12 marks.. Too much! Did you provided real ways of problem decision like: decrease number of suppliers in order to get volume discount for price of sub-components? Or to introduce training for workers in order to improve quality of assembly work, as a result quality cost (cost of non-conformance) will be reduced? Just my examples..
Tell me please your way to this question.Hi there ! I would appreciate if somebody send me these questions too!!!
Putinoffa77@Gmail.comBest of luck tomorrow !