5 Questions
What does the cash conversion cycle (CCC) measure?
The length of time it takes for a company to convert investments in inventory and resources into cash flows from sales
What is a key benefit of the Concurrent Engineering Process?
Reduction in prototype iterations due to early involvement of production and field-support systems
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
What is facilitated by Good Design For Manufacturability (DFM) and field supportability?
Clear understanding of the design by production and field-support people
What is measured by Completing more production and cash conversion cycles than the competition?
Efficiency in completing production cycles and converting investments into cash flows
Test your knowledge of Total Quality Development (TQD) in engineering, including Basic Concurrent Engineering, Enhanced Quality Function Deployment, and Quality Engineering using Robust Design. Explore the foundational elements of TQD and its application in engineering sciences.
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