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  2. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Every decision in the product development process affects cost: design is typically considered to account for 70–80% of the final cost of a project such as an engineering project [1] or the construction of a building. [2] In the public sector, cost reduction programs can be used where income is reduced or to reduce debt levels. [3]

  3. Proposal (business) - Wikipedia

    en.wikipedia.org/wiki/Proposal_(business)

    Business proposals are often a key step in a complex sales process, where a buyer considers more than price in a purchase. [ 1 ] A proposal puts the buyer's requirements in a context that favors the seller's products and services, and educates the buyer about the seller's capability to satisfy their needs.

  4. Design-to-cost - Wikipedia

    en.wikipedia.org/wiki/Design-to-cost

    In DTC, cost considerations also become part of extended requirements specifications. [ 1 ] In contrast to the closely related target costing , DTC does not mean a product will exactly reach a defined cost, rather, it is about "considering cost as a design parameter in your product development activities". [ 2 ]

  5. Companies are focused on cost reduction in case of a ... - AOL

    www.aol.com/finance/companies-focused-cost...

    Companies are focused on cost reduction in case of a recession–but they should be preparing for the recovery that will likely happen Steve Gallucci, Ira Kalish October 30, 2023 at 6:42 AM

  6. Value proposition - Wikipedia

    en.wikipedia.org/wiki/Value_proposition

    Developing a value proposition is based on a review and analysis of the benefits, costs, and value that an organization can deliver to its customers, prospective customers, and other constituent groups within and outside the organization. It is also a positioning of value, where Value = Benefits − Cost (cost includes economic risk). [4]

  7. Manufacturing readiness level - Wikipedia

    en.wikipedia.org/wiki/Manufacturing_readiness_level

    Technology maturation and risk reduction (formerly "technology development") Milestone B decision: 5: Capability to produce prototype components in a production relevant environment. Manufacturing strategy refined and integrated with Risk Management Plan. Identification of enabling/critical technologies and components is complete.

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