The purpose of cost forecasting can be summarized as follows:
1. To indicate the direction for tapping the potential of reducing the cost of mineral processing , and to provide a reference for the formulation of the cost plan during the planning period.
2. Identify the direction and route of the workshops (sections), departments, and classes within the concentrator as the basis for formulating plans for increasing production and saving and reducing costs.
3. Cost forecasting is the basis for the preparation of the cost plan and is an indispensable scientific analysis stage in the process of developing the product cost or product cost plan of the concentrator.
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