explain the role of cost anaylsis tools in identidying and elminating non value added activities in teh value chain such as break even analysis, quality cost and smile curve? reveiw some strattegies in this respect (outsourcinh, JIT, franchsig, Iso9001, Iso 14,000) and show how trader company might benifit from those tools
Expert Answer
Non Value added activities are the activities that add extra cost to the product without increasing its value. These costs can be eliminated without effecting the quality of the product.
Cost Analysis tools are the various tools and techniques that help in identifying the cost of a
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured