Exam 3: Product Design and Process Selection

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Frank's manufacturing firm has determined that the industry standard process velocity time is 15 seconds.Frank's OM engineer has determined that their process velocity time is 17 seconds with a throughput time of 136 seconds.If the throughput time cannot be changed,what,how much,and by which direction does the value added time need to change so Frank's manufacturing can match the industry standard process velocity?

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In the product screening stage of new product development,what are some questions that may need to be explored by the operations function? By marketing? By finance?

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What is the break-even volume given insurance costs of $30,000,materials costs of $6 per unit,taxes of $10,000,labor costs of $34 per unit,and a selling price of $80?

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Which of the following is true regarding the relative predictability of the cycle of new product introductions?

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Remanufacturing is the concept of using components of old products in the production of new ones.

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Information Technology does not assist the firm in:

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Evaluating a product idea to determine its likelihood of success is

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What term is used to describe the integration of product design,process planning,and manufacturing using an integrated computer system?

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