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Amber Engineers Inc.wants to be able to customize products for different national markets and in turn increase its customer responsiveness.However,the fixed costs associated with its production are high.Hence,these functions will be performed most efficiently if Amber Engineers Inc.:
Design
This involves creating a plan or convention for the construction of an object, system, or measurable human interaction, taking into account aesthetic, functional, and many other considerations.
Non-Value-Added Activities
Non-value-added activities are processes or endeavors that do not contribute to the customer's perceived value of a product or service, often targeted for elimination in efficiency efforts.
Time Drivers
Factors that measure the amount of time required to perform an activity, often used to allocate costs in various accounting methods.
Inventory Management
The administration of overseeing the ordering, storing, and using a company's inventory.
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