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Questions and Answers
What does the cash conversion cycle (CCC) measure?
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?
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?
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?
What is facilitated by Good Design For Manufacturability (DFM) and field supportability?
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What is measured by Completing more production and cash conversion cycles than the competition?
What is measured by Completing more production and cash conversion cycles than the competition?
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