Mini Bio (1) George Timothy Clooney was born on May 6, 1961, in Lexington, Kentucky, to Nina Bruce (nÃ©e Warren), a former beauty pageant queen, and Nick Clooney, a former anchorman and game show host (who was also the brother of singer Rosemary Clooney). He has Irish, English, and German ancestry.
In effect, target costing is a proactive cost planning, cost management, and cost reduction practice whereby costs are planned and managed out of a product and business early in the design and development cycle, rather than during the later stages of product development and production.
Cost-to-serve (CTS) is a method for assessing âthe sum total of a large number of transaction costs which will vary by product, by market, by channel of trade, and â¦will vary between individual customersâ (Gentles and Oliver, 1998: 763).his concept discusses the usefulness of cost-to-serve model and offers additional insights into the modelâs measurements and implementation steps. Technique Overview.