REDUCE COSTS IN THE MODERN MANUFACTURING ENVIRONMENT: CASE STUDY WITH IMPLEMENTATION OF TARGET COSTING AND ε -CONSTRAINT METHOD

Abstract

This article investigates the role of target costing and ε -constraint method for reducing costs in the modern manufacturing environment that characterized by an intensification of global competition and rapid progress of information and manufacturing technology. It is based on case study in an Algerienne manufacturing company. In this study it was found that target costing and ε -constraint method together provide considerable advantages to users of these practices in reducing of costs.