Work

Challenges in product variant costing – a case study

Year: 2024

Type: article

Abstract: This study explores challenges in decision-making for product design due to insufficient cost transparency because of product variety across the value chain. Utilizing a literature review and a case study on a company, it delves into issues such as value chain consideration, product family assessment, linking effects to specific product levels, and converting measured effects. Highlighting the critical need to address these challenges for decision-making. Future research should focus on a comprehensive costing framework, explore effect interdependencies, and expand the value chain analysis.

Source: Proceedings of the Design Society

DOI: 10.1017/pds.2024.304

Authors: Morten Nørgaard, Jakob Meinertz Grønvald, Carsten Keinicke Fjord Christensen, Niels Henrik Mortensen

Institution: Technical University of Denmark

Language: English

Topic: Product Development and Customization

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid:

OpenAlex ID: W4396955943

FWCI: 2.644

Cites: 30

Cited by: 6

Related to: 10