Li, Hongmin; Wang, Yimin; Yin, Rui; Kull, Thomas J.; … - In: International Journal of Production Economics 136 (2012) 1, pp. 172-184
The practice of target pricing has been a key factor in the success of Japanese manufacturers. In the more commonly known demand-side approach, the target price for the supplier equals the manufacturer's market price less a percent margin for the manufacturer but no cost-improvement expenses are...