Investigating Factors Affecting Cost Management Including Target-based Costing and Value Engineering in Tabriz Iran Khodro Industrial Group

The aim of the present research is to design the algorithm of the cost management of a business entity in Tabriz Iran Khodro Industrial Group, and it involves the integration of the two methods of target based costing and value engineering. To do so, first a sample including 47 managers and specialists of Tabriz Iran Khodro Company were selected and a questionnaire was distributed among them. To test the hypotheses of the research, we used average population and ANOVA test. The results of the research showed that profit management and the type of relationship with materials and machinery suppliers for Tabriz Iran Khodro Company have a meaningful relationship with cost management including target costing and value engineering. But customer satisfaction and designing new products didnt have a meaningful relationship with cost management. Also, the results showed that regarding the respondent's viewpoints, using cost management technique cannot be a suitable alternative for the traditional costing system in Tabriz Iran Khodro Company. Finally, the research results showed that regarding the respondent's viewpoints, using cost management technique is not considered to be a necessity in Tabriz Iran Khodro Industrial Group.