Industrial Engineering · Product Design and Costing
Which of the following statements is INCORRECT with regard to reducing the product cost?
- 1A product should be designed out of as many standard parts as possible.
- 2Make-or-buy decisions should be made correctly.
- 3A product should be designed with as few parts as possible.
- 4A product should be designed using expensive materials.✓
Correct answer
A product should be designed using expensive materials.
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