Title :
A Study of the Cost Control Problem in Refrigerator Product Design Stage
Author_Institution :
Dept. of Econ. & Manage., Shunde Polytech., Shunde, China
Abstract :
In response to the economic recession in developed countries and the rising of domestic raw material prices and the economic downturn, refrigerator manufacturing companies must choose the road of cost control in order to reap the survival and development. However, the product design stage is the key to cost control of the refrigerator. In this paper, using the target costing, value engineering analysis to the cost control problems in the refrigerator design stage, the author proposes some improvements in cost control measures and suggestions.
Keywords :
cost reduction; economic cycles; industrial economics; product design; refrigerators; value engineering; company survival; cost control problem; domestic raw material prices; economic downturn; economic recession; refrigerator manufacturing companies; refrigerator product design stage; target costing; value engineering analysis; Companies; Economics; Planning; Product design; Production; Raw materials; Refrigerators; cost control; product design; target costing; value engineering analysis;
Conference_Titel :
Business Intelligence and Financial Engineering (BIFE), 2012 Fifth International Conference on
Conference_Location :
Lanzhou
Print_ISBN :
978-1-4673-2092-4
DOI :
10.1109/BIFE.2012.58
