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Target Margin
A predefined profit goal set by a company for a product, project, or the entire organization to achieve within a specific timeframe.
Target Price
Target price is the anticipated selling price of a product or service, set by a company, that reflects its market position and is intended to attract its identified target market.
Allowable Cost
This refers to the maximum cost that can be incurred on a project while still achieving the desired level of profit or meeting budget constraints.
Upstream Costs
Expenses incurred in the early stages of a product's life cycle, such as exploration and development costs in the oil and gas industry.
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