Target Costing Using Fuzzy Logic

Authors

  • Tunay Aslan Istanbul Aydın University
  • Gökhan Baral Sakarya University
  • Cüneyt Mucedidi Independent Researcher

DOI:

https://doi.org/10.5195/emaj.2017.123

Keywords:

Accounting, Target Costing, Fuzzy Logic, Profitability

Abstract

Every business has to earn a profit in order to survive in a competitive environment and it has to plan the profitability it has targeted. Achieving the profitability that the business aimed is only possible by targeting its costs. It is only possible for businesses to achieve profitability that is targeted under uncertain conditions through the use of fuzzy logic method by approximately estimating the target costs. Therefore, the business will predict its target costs with the fuzzy logic method and reach the profitability that was aimed.

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Published

2017-09-22

Issue

Vol. 7 No. 1 (2017)

Section

Articles

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