Target Cost in a sentence
(1) The target cost for the project is $1 million.
(2) The target cost for the event planning is $50,000.
(3) The company's target cost for the year is $2 million.
(4) The target cost for the training program is $100,000.
(5) We need to meet the target cost to stay within budget.
(6) We need to track the progress towards the target cost.
(7) The target cost for the development phase is $200,000.
(8) The target cost for the new product launch is $500,000.
(9) The target cost for the renovation project is $500,000.
(10) We need to set a realistic target cost for the project.
Target Cost sentence
(11) We need to present the target cost to the stakeholders.
(12) The target cost for the expansion project is $5 million.
(13) We need to negotiate the target cost with the suppliers.
(14) We need to determine the target cost for our new product.
(15) The target cost for the software development is $100,000.
(16) The target cost for the research project is $1.5 million.
(17) We need to review the target cost for the upcoming event.
(18) The team is brainstorming ways to achieve the target cost.
(19) The team is working on strategies to meet the target cost.
(20) We need to reassess the target cost based on market demand.
Target Cost make sentence
(21) We need to analyze the target cost to ensure profitability.
(22) The target cost for the construction project is $10 million.
(23) We need to calculate the target cost for the product launch.
(24) The sales team set a target cost for the new product launch.
(25) We need to adjust the target cost based on market conditions.
(26) The team is analyzing the factors that affect the target cost.
(27) The company set a target cost for the new product development.
(28) The target cost for the event planning is higher than expected.
(29) Our team is working on reducing the target cost for production.
(30) We need to analyze the market to set an appropriate target cost.
Sentence of target cost
(31) The team is focused on achieving the target cost for production.
(32) The project team monitored the progress towards the target cost.
(33) We need to determine the target cost for this marketing campaign.
(34) We need to evaluate the target cost for the advertising campaign.
(35) The target cost for the marketing campaign needs to be finalized.
(36) The target cost for the software development is within our budget.
(37) We need to allocate resources efficiently to meet the target cost.
(38) The project manager is responsible for monitoring the target cost.
(39) The target cost for the marketing campaign is still being finalized.
(40) The team is working on cost-saving measures to meet the target cost.
Target Cost meaningful sentence
(41) The target cost for the project has been approved by the management.
(42) The target cost for the manufacturing process needs to be determined.
(43) The sales team adjusted their sales targets based on the target cost.
(44) We need to constantly monitor expenses to stay within the target cost.
(45) Our goal is to achieve the target cost without compromising on quality.
(46) The finance team analyzed the target cost for the upcoming fiscal year.
(47) The budget committee approved the target cost for the upcoming quarter.
(48) The company's cost reduction initiative aimed to lower the target cost.
(49) The team is brainstorming ways to reduce the target cost for production.
(50) The target cost for the advertising campaign is higher than anticipated.
Target Cost sentence examples
(51) The team is considering alternative suppliers to reduce the target cost.
(52) It is crucial to monitor expenses closely to stay within the target cost.
(53) The target cost for the product launch is crucial for its market success.
(54) The marketing team determined a target cost for the advertising campaign.
(55) The company's cost control strategy focused on achieving the target cost.
(56) The engineering team conducted value engineering to meet the target cost.
(57) The team is analyzing competitor pricing to set a competitive target cost.
(58) The team is exploring cost-effective solutions to achieve the target cost.
(59) It is important to consider the target cost when making pricing decisions.
(60) The engineering team worked on reducing the target cost for the prototype.
Sentence with target cost
(61) The company's cost management policy emphasized achieving the target cost.
(62) The finance department monitored the actual costs against the target cost.
(63) The project manager established a target cost for the construction project.
(64) The project team revised the target cost based on market research findings.
(65) It is important to communicate the target cost to all stakeholders involved.
(66) We need to negotiate with suppliers to achieve the target cost for materials.
(67) The team is working hard to meet the target cost for the construction project.
(68) The target cost for the research project is dependent on funding availability.
(69) The management team reviewed the target cost for the company's expansion plan.
(70) The team is confident in meeting the target cost for the manufacturing process.
Use target cost in a sentence
(71) The marketing team adjusted the pricing strategy to align with the target cost.
(72) The cost accounting team analyzed the target cost for the manufacturing process.
(73) The production team implemented cost-saving measures to achieve the target cost.
(74) The company's profitability analysis considered the target cost as a key factor.
(75) We need to consider various factors when setting the target cost for the product.
(76) The purchasing department aimed to meet the target cost for inventory management.
(77) The purchasing team negotiated with vendors to meet the target cost for supplies.
(78) The company's cost estimation process determined the target cost for new projects.
(79) The company's financial forecast included the target cost for the next fiscal year.
(80) The management team set a challenging target cost to drive efficiency improvements.
Sentence using target cost
(81) The operations team strived to meet the target cost for the supply chain management.
(82) It is essential to conduct regular cost reviews to ensure the target cost is on track.
(83) The company's cost control committee reviewed the target cost for various departments.
(84) The research and development team calculated the target cost for the innovation project.
(85) The target cost for the renovation project has increased due to unforeseen circumstances.
(86) The manufacturing department aimed to achieve the target cost for the production process.
(87) The procurement team negotiated with suppliers to meet the target cost for raw materials.
(88) The target cost for the construction project is subject to change based on material prices.
(89) We need to evaluate the feasibility of achieving the target cost within the given timeline.
(90) Companies may have a target cost of debt that they aim to achieve through strategic financial management.
Target Cost meaning
Target cost is a term commonly used in business and project management to refer to the desired or planned cost for a product, service, or project. It is a crucial concept that helps organizations set realistic financial goals and make informed decisions regarding pricing, budgeting, and resource allocation. In this article, we will explore various tips on how to effectively use the word or phrase "target cost" in a sentence.
1. Define the term: When introducing the term "target cost" in a sentence, it is essential to provide a clear and concise definition.
For example, "The target cost is the predetermined budget that a company aims to achieve for a new product."
2. Contextualize the usage: To enhance understanding, it is helpful to provide context when using the term "target cost" in a sentence. This can be done by mentioning the specific industry, project, or situation. For instance, "In the construction industry, the target cost for building a new office complex is $10 million."
3. Highlight the importance: Emphasize the significance of target cost in achieving financial objectives.
For example, "Setting a realistic target cost is crucial for ensuring profitability and competitiveness in the market."
4. Discuss the factors influencing target cost: Elaborate on the various factors that impact the determination of target cost, such as material costs, labor expenses, overheads, and desired profit margins. For instance, "The target cost for a software development project is influenced by factors like development time, resource utilization, and expected return on investment."
5. Explain the calculation process: Describe the methodology used to calculate the target cost, such as cost-based pricing, value-based pricing, or activity-based costing.
For example, "In cost-based pricing, the target cost is determined by adding a desired profit margin to the total production cost."
6. Provide examples: Illustrate the usage of "target cost" in different scenarios to enhance comprehension. For instance, "The marketing team needs to consider the target cost while developing pricing strategies for the new product launch."
7. Discuss the benefits of achieving the target cost: Explain the advantages of meeting or surpassing the target cost, such as increased profitability, improved cost control, and enhanced customer satisfaction.
For example, "By achieving the target cost, the company was able to offer the product at a competitive price, resulting in higher sales and market share."
8. Address challenges and strategies: Acknowledge the potential challenges in achieving the target cost and suggest strategies to overcome them. For instance, "To meet the target cost, the project team implemented lean manufacturing techniques to reduce waste and improve efficiency."
9. Highlight the role of target cost in decision-making: Emphasize how target cost influences critical decisions, such as product design, sourcing, and resource allocation.
For example, "The engineering team needs to consider the target cost while selecting materials and components for the new product."
10. Conclude with a summary: Summarize the key points discussed in the sentence and reiterate the importance of target cost in achieving financial goals. For instance, "
In conclusion, target cost is a vital concept that guides organizations in setting realistic financial goals, making informed decisions, and ensuring profitability." By following these tips, you can effectively incorporate the word or phrase "target cost" in a sentence, providing clarity and understanding to your readers or listeners.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Target Cost. They do not represent the opinions of TranslateEN.com.