For strategic purposes of setting price and productivity targets, organizations need to make projection of long-term cost as well as short-term cost estimation. For long-term cost estimation, organizations do rely on the experience curve among other methodologies. However, for short-term cost...

Services are gaining ever more importance in every economy in the world. In reflection of the overall trends, manufacturers are being advised to expand and integrate their service offerings to the core product offerings.However, the number of empirical academic studies on the topic is still...