Why should design collaboration capability be considered in supplier selection decisions?
What will be an ideal response?
Answer: Given that a large part of product cost is fixed at design, collaboration capability of a supplier is significant. Good design collaboration for manufacturability and supply chain can also decrease required inventories and transportation cost. As manufacturers are increasingly outsourcing both the design and manufacture of components, their ability to coordinate design across many suppliers is critical to the ultimate success of the product and the speed of introduction. As a result, design collaboration capability of suppliers is becoming increasingly important.
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Indicate whether the statement is true or false.
The Pacific division has the following income statement for the last quarter:The company's average operating assets for the period were $270,000. The company requires a minimum rate of return of 13%. What was the division's residual income for the quarter?
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Explain how the PLC applies differently to a product class than to a product form
What will be an ideal response?
One person's attitude has a powerful influence on the attitudes of others
Indicate whether the statement is true or false