Examination of cross-functional activities facilitated by absolute value target costing and committee activities at Toyota Motor Corporation / Hideyuki Kobayashi

• Main Author: Hideyuki, Kobayashi
• Format: Article
• Language: English
• Published: 2014
• Subjects: Costs. Industrial costs; Cost effectiveness; Work groups. Team work in industry. Quality circles
• Online Access: https://ir.uitm.edu.my/id/eprint/12334/1/12334.pdf; https://ir.uitm.edu.my/id/eprint/12334/; https://apmaj.uitm.edu.my/

For many years, Toyota Motor Corporation has used variance from current cost as the basis for new part cost target setting. The incremental cost of the added specification is added to the current price of the part to establish a new cost target in variance-based target costing. Then by year 2000, To...