What Is Computer-Aided Design/computer-Aided Manufacturing (CAD/CAM)

question 132

Multiple Choice

What is computer-aided design/computer-aided manufacturing (CAD/CAM) ?

• A)systems used to create the digital designs and then manufacture the products
• B)a cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things
• C)a community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable
• D)serialization or the ability to track individual items by using the unique serial number associated with each RFID tag

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Definitions:

Operating Expenses

Costs related to the day-to-day functioning of a business, excluding the cost of production.

Product Costs

The costs directly associated with the production of goods, including raw materials, labor, and manufacturing overhead.

Indirect Costs

Expenses not directly tied to a specific product, service, project, or activity, typically including utilities, rent, and administrative salaries.

Cost Object

Any item for which costs are measured and assigned, including products, services, projects, activities, or customers.