Select a product from a product-based firm and answer these questions regarding your selection:
Explain and discuss the six categories of costs.
Explain and discuss how an organization can benefit from a focus on total cost of ownership.
Explain and discuss relevant costs.
Explain and discuss the following:
Downtime costs
Cycle time costs
Conversion costs
Non-value-added costs
Supply chain costs
Product liability costs
Customer satisfaction costs
Instructions:
Your essay will require an organizational structure that includes the introduction section, conclusion section, and individual sections that address each of questions noted above.
Write a 3- to 4-page paper (page count doesn't include the required title and reference pages).
Your paper must be properly cited and formatted according to the CSU-Global Guide to Writing and APA Requirements.
This is an individual paper and you must adhere to CSU-Global's Re-Using and Re-Purposing One's Own Work guidelines.
You must support your analysis with at least four scholarly references. Sources such as Wikipedia, USA Today, Fox News, or MSNBC news do not qualify as scholarly references.