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    selina2006d
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    Cost Reduction implies reduction in the unit cost of goods manufactured or service rendered without impairing their suitability for the use intended. The goal of Cost Reduction is achieved in two ways (i) (ii) by reducing the cost per unit and by increasing productivity.

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    Cost Reduction implies reduction in the unit cost of goods manufactured or service rendered without impairing their suitability for the use intended. The goal of Cost Reduction is achieved in two ways (i) (ii) by reducing the cost per unit and by increasing productivity.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    4 views1 page

    ABC

    Uploaded by

    selina2006d
    Cost Reduction implies reduction in the unit cost of goods manufactured or service rendered without impairing their suitability for the use intended. The goal of Cost Reduction is achieved in two ways (i) (ii) by reducing the cost per unit and by increasing productivity.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Cost Reduction

    Cost reduction may be defined as an attempt to bring cost down. Cost reduction implies real & permanent reduction in the unit cost of goods manufactured or service rendered without impairing their suitability for the use intended. The goal of cost reduction is achieved in two ways (i) (ii) By reducing the cost per unit & By increasing productivity

    The cost reduction has to be achieved by using internal factors

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