Which of the following is true regarding value engineering?
A) Value engineering occurs only after the product is selected and designed.
B) Value engineering creates fragile design.
C) Value engineering is oriented toward improvement of design.
D) Value engineering occurs during production when it is clear the product is a success.
E) Value engineering can save substantial amounts of product cost, but quality suffers.
C
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Bounce rate refers to ________
A) the percentage of visitors to a website who share information about the site through social media B) the number of viewers who click on a banner ad on a website C) the number of viewers who purchase a product through a website D) the percentage of visitors to a homepage who bounce to other pages within the same overall site E) the percentage of visitors to a homepage who leave the overall site rather than exploring other pages within the site
As production workers become better organized and more familiar with equipment, the average cost per unit tends to decrease with the ________
A) increase in the diseconomies of scale B) accumulated production experience C) decrease in the economies of scale D) increase in derived demand E) increase in primary demand