Design for Manufacturing and Design for Assembly Are Subject to

question 53

Multiple Choice

Design for manufacturing and design for assembly are subject to

• A)the conditions of design for safe use by customers.
• B)design for nonspoilage during manufacture.
• C)both a and b
• D)neither a nor b

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Definitions:

Return On Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the gain from the investment by its cost.

Absorption Costing

An approach to product costing that compounds all expenses involved in manufacturing, such as direct materials, labor costs, and all types of overheads, into the product’s final cost.

Markup

The discrepancy between the selling price and the production cost of a product or service, shown as a percentage of the production cost.

Return On Investment

A performance measure used to evaluate the efficiency of an investment or compare the efficiencies of several investments.