This is the first English edition of an established work on cost-driven product design and development. It offers tried and tested methods for understanding, influencing and reducing product costs. The methodology and organization of cost management, as well as the effects on each type of cost are described. Using this knowledge the product developer can assume responsibility for costs. The numerous examples and detailed derivation of results provide the practical user with problem solutions and hints. Methods such as Target Costing and Simultaneous Engineering are discribed. Thus the book will also help the specialist who does not have the overview of the complex interrelationships in the enterprise. The work is also suited for students, as well as for practicing engineers.

"This is the first English edition of an established work on cost-driven product design and development. It offers tried and tested methods for understanding, influencing and reducing product costs. The methodology and organization of cost management, as well as the effects on each type of cost are described. Using this knowledge the product developer can assume responsibility for costs. The numerous examples and detailed derivation of results provide the practical user with problem solutions and hints. Modern methods such as Target Costing and Simultaneous Engineering are described. Thus the book will also help the specialist who does not have the overview of the complex interrelationships in the enterprise. The work is also suited for students, as well as for practicing engineers. TOC:Introduction.- The designer's responsibility for costs.- Key points in cost management for product development.- Methodology and organization of cost management for product development.- Influencing the life cycle costs.- Influencing the total cost.- Influences on the cost of production and measures for cost reduction.- Basics of costing for product development.- Early cost identification methods in product development - cost calculation concurrent with development.- Some examples.- Bibliography.- Appendix.- A 1 Overview - introduction.- A 2 Guidelines for cost reduction.- A 3 Important figures and rules.- Index."

Cost Responsibility of the Product Developers.- Cost Management for Product Development.- Methodology and Organization of Cost Management for Product Development.- Influencing the Lifecycle Costs.- Influencing the Total Costs.- Factors that influence Manufacturing Costs and Procedures for Cost Reduction.- Fundamentals of Cost Accounting for Product Development.- Early Identification of Costs during Product Development - Development-Concurrent Cost Calculations.- Examples.