List the Three Product Characteristics That a Target Costing Design

question 33

Essay

List the three product characteristics that a target costing design team would choose to enhance or minimise as they make trade-offs to achieve the target cost. Describe two of the types of trade-offs they may consider.
Correct

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Definitions:

CPR

Cardiopulmonary Resuscitation, an emergency procedure that combines chest compressions with artificial ventilation to manually preserve intact brain function until further measures are taken to restore spontaneous blood circulation and breathing in a person who is in cardiac arrest.

Electrical Shock

An injury caused by electric current passing through the body.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, heart failure, and stroke.

Risk Factor

Anything that increases an individual's likelihood of developing a disease or injury.