What is a production bottleneck, Cost Accounting

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What is a production bottleneck

Response to the following questions:

1. Under what circumstances is it appropriate to use the target cost concept?

2. What is a production bottleneck?

3. What is the appropriate measure of a product's value when a firm is operating under production bottlenecks?

If possible, please give examples to better understand your answers.

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Cost Accounting: What is a production bottleneck

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Cost Accounting: What is a production bottleneck

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