Implementing of Time-Driven Design-To-Cost Method in the Manufacturing Companies: The Case of Iraq

Abstract

The paper aims to demonstrate the role of time-oriented design technology (TD-DTC) as one of the contemporary techniques for cost management, to benefit from it in knowing the details of the product before its physical formation through the formation of an integrated team of design engineers and cost accountants, which enables it to translate all relevant information to reach a product that meets the desires and requirements of customers based on cost alignment and required quality. It contributes to the provision of integrated financial and non-financial information on primary and secondary resources and their alternatives that go into the composition of the product, as well as reliable information on the allocation of indirect costs.