________ Means to Design Products So That They Are Cost-Effective

question 75

Multiple Choice

________ means to design products so that they are cost-effective and simple to build.

• A) Design for maintenance
• B) Design for control
• C) Design for reliability
• D) Design for engineering
• E) Design for manufacture

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Definitions:

Innovation

The process of creating new ideas, products, or methods, which bring about significant positive change or improvement.

Retrenchment

The process of reducing staff or costs within an organization as a strategy to improve its financial position.

Divestiture

Divestiture sells off parts of the organisation to focus attention and resources on core business areas.

Restructuring

The corporate process of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable or better organized for its present needs.