February 2023
Intermediate to advanced
584 pages
17h 26m
English
One of the key objectives of all product-producing organizations is to make money unless the organization is a nonprofit or a government entity. The costs of developing, producing, distributing, and maintaining the products are important to all organizations. The goals of the organizations are thus to minimize the total costs during the entire life cycle of the product—from its conception to product disposal. In the early stages, accurate estimates of the costs are required to develop a budget for the product program and to get it approved. The actual expenditure of costs should be continuously compared with the budgeted costs to ensure that the project ...
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