Estimating Production Costs

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22 Questions

Which stage of the electronic product development process involves creating a preliminary project and developing requirements/specifications?

Proof-of-concept

What is the purpose of the Technical Level Map (TLM) in the electronic product development process?

To analyze the competitiveness of a product

What is included in the concept design of a new product during the product concept stage?

A complete description of functional features and benefits

Which technology is commonly used for prototyping a few units of an enclosure?

3D printing

What process is typically used for producing small batches of an enclosure?

Urethane casting

Which certification is necessary for all electronic products sold in the United States?

FCC certification

Which of the following is a step in arriving at a complete production estimate?

Determining component costs

Which tool is recommended to create the schematic circuit diagram?

Electronic Computer-aided design (ECAD)

Which step involves soldering electronic components to the circuit board?

PCB prototyping

Which stage involves refining the product's design based on testing and verification results?

Design refinement

During the concept development stage of electronic product design, what is the purpose of market research?

To gather information about potential clients' wants

What is the purpose of creating a system block diagram during the preliminary production design stage?

To specify each electronic function and its connectivity

What is the purpose of estimating the production cost during the electronic product design process?

To ensure that the product is designed within budget

During the full-scale production stage, what is the role of our engineers in supporting mass production?

All of the above

Which option is the most expensive route for developing a hardware product?

Option #4 - Hire a full design firm

What are the four basic steps in designing the electronics for a hardware product?

Select the critical components, design the schematic circuit diagram, design the PCB, prototype and test

What is the purpose of firmware in a hardware product?

To program the microcontroller or microprocessor to perform the desired functionality

What is the first step in developing a hardware product's enclosure?

Creating a 3D computer model

During which stage of the electronic product development process is a device prototype assembled and tested?

Stage 3: Electronics Product Development

What is the purpose of the pilot batch stage in the electronic product development process?

To test the real device production process

Which stage of the electronic product development process involves determining the need for preliminary certification tests and their schedule?

Stage 5: Certification Tests

What is the purpose of the electronics product development stage in the electronic product development process?

To prepare for the manufacturing of a pilot batch

Test your knowledge on estimating production costs with this quiz! Learn about the steps involved in creating a Bill of Materials, determining component costs, calculating labor costs, and factoring in additional charges. See how well you understand market research and supplier quotations in determining the cost of each component. Take the quiz now and sharpen your estimation skills!

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