CAD Workstations

question 43

Multiple Choice

CAD workstations:

• A)provide engineers,designers,and factory managers with precise control over industrial design and manufacturing.
• B)provide an important source of expertise for organizations.
• C)allow groups to work together on documents.
• D)are high-end PCs used in the financial sector to analyze trading situations instantaneously and facilitate portfolio management.
• E)facilitate employee learning.

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Definitions:

Non-Value-Added Costs

Expenses that do not contribute to adding value or increasing the worth of a product or service from a customer's perspective.

Conversion Costs

The combined costs of direct labor and manufacturing overhead incurred to convert raw materials into finished goods.

Machine Hours

A measure of production output or activity based on the number of hours machinery is in operation, used in cost accounting to allocate expenses to products.

Cost of Quality Report

A detailed report that quantifies the total cost of quality-related efforts and deficiencies.