Which of the Following Statements Is True of Design for Manufacturing

question 9

Multiple Choice

Which of the following statements is true of design for manufacturing (DFM) methods?

• A) It lengthens the development cycle time for products.
• B) It increases the cost of production by reducing the number of parts involved in the manufacturing process.
• C) It is a method of facilitating integration between engineering and manufacturing.
• D) It is a method by which firms identify potential failures in a system and classify them according to their severity.

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Definitions:

Statement

A financial report providing information about an entity's financial position, performance, or changes in financial position, which can influence economic decisions.

Cheque

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a specified person.

Accrual Basis of Accounting

A bookkeeping approach that documents income and costs at the time they are accrued, irrespective of the actual timing of cash receipts or payments.

Revenue Recognition

The principle in accounting that dictates the process and timing by which revenue is recorded and recognized on the financial statements.