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Discuss the implications of using life cycle costing

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Reference no: EM132609669

Questions -

Q1. Discuss the implications of using life cycle costing by manufacturing industries giving appropriate examples.

Q2. The internal business process measures should focus on the internal processes that are required to achieve the organizations and financial objectives. Identify and explain three principle internal business processes.

Q3. Just in Time (JIT) can be used as an effective cost management tool by organization. Discuss how JIT can be used in hotel industry as an effective cost management tool.

Q4. Discuss the advantages and disadvantages of a JIT system using hotel industry as an example.

Reference no: EM132609669

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