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A System That Enables 3D-Modeling and Evaluation of Product Designs

question 26

Multiple Choice

A system that enables 3D-modeling and evaluation of product designs without the cost of producing physical parts is:


Definitions:

Factory Overhead Cost

Indirect manufacturing costs that are not directly linked to the production process, including utilities, depreciation, and salaries of support staff.

Direct Labor Cost

The compensation given to employees who are directly engaged in manufacturing goods or providing services.

Direct Materials Cost

Direct Materials Cost is the expenditure for raw materials that are directly traceable to the production of a specific product or service.

Payment of Dividends

The distribution of a portion of a company's earnings to its shareholders as determined by the company's board of directors.

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