Data for a Factory -
__________________ Is a Technique for Guiding Product Design Through

question 24

Multiple Choice

Data for a factory
$\begin{array}{ll}\text { Total factory cost } & £ 10,000 \\\text { Total time au ailable on key resource (hours) } & 2,500 \\\text { Contribution per unit product A } & £ 34.00 \\\text { Contribution per unit product B } & £ 30.00 \\\text { Contribution per unit product C } & £ 22.00 \\\text { Contribution per unit product D } & £ 20.00 \\\text { Hours required product A } & 12.0 \\\text { Hours required product B } & 6.0 \\\text { Hours required product C } & 6.0 \\\text { Hours required product D } & 8.0\end{array}$

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__________________ is a technique for guiding product design through the analysis of the ratio of functionality to cost.

• A)Vertical integration
• B)Value engineering/value analysis
• C)Throughput accounting
• D)Throughput accounting ratio

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Definitions:

Maximum Profit

The highest possible financial gain achievable from business activities, after deducting all related expenses.

Market Maker

A firm or individual that actively quotes two-sided markets, providing liquidity and stability by being prepared to buy or sell at publicized prices.

Transactions

The act of buying, selling, or exchanging goods, services, or financial assets in a market.

Optimal Spread

The most favorable allocation or distribution of assets, investments, or resources to minimize risk and maximize returns.