10 Questions
What role do economic factors play in engineering design decision making?
They are important for determining product affordability and profitability
What are the three groups into which material properties may be divided?
Electrical, Mechanical, Thermal
What factors can influence material properties?
Processing, Age, Chemical composition, Nonhomogeneity
How do material properties change with temperature and time?
They change as the material ages
What information do most companies provide regarding their manufactured materials?
Information on important properties
What factor affects material properties such as electrical, mechanical, and thermal properties?
Material processing method
Why must products be designed to be affordable for consumers and profitable for the manufacturer?
To meet functional requirements
What information do most companies provide regarding their manufactured materials?
Important properties of their manufactured materials
Why do products that are too expensive face challenges in the market?
Consumers cannot afford them
What role do economic factors play in engineering design decision making?
Guiding product design and pricing
Test your knowledge of engineering economics with this quiz. Explore economic factors in engineering design decision-making and how products are designed to provide services while ensuring profitability. Ideal for students studying GENG 360 or anyone interested in the intersection of engineering and economics.
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