A System of Design That Facilitates the Making of Products

question 40

Multiple Choice

A system of design that facilitates the making of products is known as

• A)Design for Reuse.
• B)Design for Reliability.
• C)Design for Manufacture.
• D)Design for Maintainability.

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Definitions:

Net Present Value

A method used in capital budgeting to assess the profitability of an investment or project, calculated by discounting the expected future cash flows to their present values and subtracting the initial investment.

Present Value

The immediate value of a future amount of money or a series of payments, discounted at a given rate of return.

Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods.

Required Rate

The minimum acceptable return on an investment or project, often used in capital budgeting.