Design for Target Cost

Course Number: 12-7-RS
Recommended Duration: 1 Day

Intended Audience: All Employees

Course Overview

In order to achieve the profitability targets set for many new products, cost reduction has become a major element of the product design strategy. Design for Target Cost techniques provides the methodology for the new product development team to achieve the cost reduction. It includes techniques for determining cost allocation of the market price and explains the principles of innovative design. The course focuses on the management framework required for effective target costing efforts rather than specific design tools.

Objectives/Topics

As a result of taking this course, you will learn:

• Design and manufacturing cost tradeoff.
• To implementing DFM into your design process.
• Design for manual assembly.
• Design for automated/robotic assembly.
• Parts count reduction techniques.
• Process flow analysis.
• Right-sized tolerances.
• To make the best use of your manufacturing process capability.
• Applications of appropriate techniques to your product.

Prerequisites: None

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