The precondition of gaining and sustaining competitive advantage for companies that operating today's competitive markets is the effective cost management. Because of price is determined by the markets, ways of increasing profits are productivity and cost reduction. Target costing is a strategic...

Activity-Based Costing (ABC) Approach is a method that businesses reach more accurate cost information in order to take effective decisions. From the day developed till today, it had provided more accurate cost information , but it had some difficulties about application also. Due to these...

Implementation of the fuzzy logic is a modern approach for cost-volume-profit analysis and decision-making process under risk and uncertainty (Yuan, 2009). The implementation of the fuzzy logic approach especially makes sense for profit or loss estimations in developing countries, where...