The Process of Analyzing the Design to Determine the Materials

question 20

Multiple Choice

The process of analyzing the design to determine the materials and parts that it requires in the production process is known as

• A) MRP.
• B) facilities layout design.
• C) make-buy analysis.
• D) JIT.

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Definitions:

Scarce Goods

Items that are limited in availability compared to the desires of people to possess them, requiring mechanisms like pricing or rationing to distribute them.

Unlimited Wants

The economic concept that humans have infinite desires or wishes for goods and services, despite having limited resources.

Invention

The creation of a new product or process, often facilitated by the knowledge of engineering and science.

Engineering

The application of scientific, mathematical, and empirical principles to design, develop, and improve structures, machines, and processes.