Question: Nat Osborn is a designer for Base Enterprises. In a discussion about a proposed new product, Osborn stated that the product's projected target cost was
Nat Osborn is a designer for Base Enterprises. In a discussion about a proposed new product, Osborn stated that the product's projected target cost was $6.50 below the committed costs identified by design estimates. Should the company proceed with the new product? Explain your answer, and include a definition of committed cost in your analysis.
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