Many Different Products Have Been Created Using Computer-Aided Design (CAD),but

question 137

True/False

Many different products have been created using computer-aided design (CAD),but to date cell phone development has not benefited much from CAD.

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Definitions:

Financial Advantage

The benefit gained in financial terms, which might include profitability, revenue growth, or value creation, compared to a baseline or competitors.

Fixed Manufacturing Expenses

These are the expenses that remain constant regardless of the amount of goods produced, including rent for factory buildings or lease payments for manufacturing equipment.

Fixed Selling

Expenses that remain constant regardless of the level of sales or production, such as salaries of sales managers and rental charges of retail spaces.

Eliminating Product

The process of removing a product from a company's offerings, often due to low sales, obsolescence, or strategic repositioning.