Quote by Victor Cheng

“Disaggregating Costs You need to break down (segment and isolate) cost into its component parts, and you can do this in many different ways.”

— Victor Cheng

“A variable cost changes, typically linearly, with the number of units sold.”

— Victor Cheng

Costs do not exist to be calculated. Costs exist to be reduced.

— Taiichi Ohno

We have never considered any costs as fixed. Therefore we first reduce the price to a point where we believe more sales will result.…

— Henry Ford

Cost is the only issue when there is no value. When there is value, the cost is irrelevant.

— Carl A Dixon

“A fixed cost doesn’t change as the number of units sold changes.”

— Victor Cheng

The problem with a cost reduction strategy is that there is a finite limit.You can only get to zero.

— Eliyahu Goldratt

“There are two ways to handle this: Say, “Now that I’ve analyzed sales, I’d like to analyze costs next.” Say, “I can conclude that…

— Victor Cheng

If cuts have to be made, the question then becomes which expenditure adds the least value? This is possibly what drives companies to reduce…

— Paul Dyson

In a dilemma, it is helpful to change any variable, then reexamine the problem.

— Robert A. Heinlein

Although it's difficult, if not impossible, to put a dollar value on the numerous services nature provides, leaving them out of economic calculations means…

— David Suzuki

Real benefits come when managers begin to understand the profound difference between 'cost cutting' and 'eliminating the causes of costs'

— Brian L. Joiner