Total Quality Development in Engineering
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Questions and Answers

What does the cash conversion cycle (CCC) measure?

  • The profitability of a company's production system
  • The ratio of cash flow to investment in inventory
  • The length of time it takes for a company to convert investments in inventory and resources into cash flows from sales (correct)
  • The efficiency of a company's marketing strategies

    • What is a key benefit of the Concurrent Engineering Process?

  • Increase in trade-offs among design, production, and logistics
  • Delayed start of production and field-support system design
  • Isolation of design from production and field-support teams
  • Reduction in prototype iterations due to early involvement of production and field-support systems (correct)

    • What happens concurrently in the best form of Concurrent Engineering?

  • Design of the production system and the field-support system starts early with the design of a product (correct)
  • Production system design starts after the product design is finalized
  • Logistics planning starts after the design phase is completed
  • Field-support system design starts after production planning

    • What is facilitated by Good Design For Manufacturability (DFM) and field supportability?

    <p>Clear understanding of the design by production and field-support people</p> Signup and view all the answers

    What is measured by Completing more production and cash conversion cycles than the competition?

    <p>Efficiency in completing production cycles and converting investments into cash flows</p> Signup and view all the answers

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