Joe Giles is a product engineer for a firm that makes various home and office electronic gadgets. Some of this company's products have long product life cycles and others have life cycles that are as short as 9 months. Giles's company uses both target costing and kaizen techniques to manage costs relative to the product life cycle of the firm's products. As an intern with the company, you recall a conversation in which Giles stated that the use of kaizen cost management strategies was much more effective for products with longer life cycles than products with shorter life cycles, and that target costing techniques including value engineering were much more critical to products with short life cycles than to products with long life cycles. Do you agree with Giles? Why or why not?