Target Price

on . Posted in Project Management Engineering

Target price, abbreviated as TP,  is the expected selling price of the product minus the desired profit from selling it. 

 

Target Price Formula

\(\large{ TP =  TC + TF  }\)
Symbol
\(\large{ TP }\) = target price
\(\large{ TC }\) = target cost
\(\large{ TF }\) = target fee

 

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