The Main Goal of the Design for Manufacturability (DFM) Procedure

question 15

Multiple Choice

The main goal of the design for manufacturability (DFM) procedure is to:

• A)assign the workers to a particular job
• B)consider the cost, time, and life of a product before production
• C) determine the fastest way to manufacture a new product
• D) arrange the manufacturing floor to achieve the best production cycle

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Definitions:

Cost of Goods Available

The total cost of inventory available for sale, calculated as the beginning inventory plus the cost of goods manufactured or purchased.

Overapplied Overhead

Occurs when the amount of overhead allocated to products exceeds the actual overhead incurred.

Cost of Goods Sold

The direct costs attributable to the production of the products sold by a company.

Finished Goods Inventory

The total value of goods that have completed the production process but have not yet been sold to customers.