A Revision to a Drawing or Design Released by Designers

question 86

Multiple Choice

A revision to a drawing or design released by designers to correct a part is called a(n) :

• A)engineering change.
• B)part mod.
• C)tweak.
• D)lock-in.

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of a business.

Operating Cash Inflows

The money received by a company from its operational activities, such as sales revenue, during a specific period.

Discount Rate

In finance, the rate used to calculate the present value of future cash flows, reflecting the risk and time value of money.

Salvage Value

This refers to the projected remaining worth of an asset upon reaching the conclusion of its operational lifespan.