Fritz told his management team, "Our workflow occurs in an orderly, yet slow, process, from research to engineering to manufacturing. To be more competitive, we must speed up our research and product development through the use of ________. In this manner, we will incorporate the issues and perspectives of all the functions-including suppliers and customers-from the beginning of the process."
A)small batch processing
B)concurrent engineering
C)just-in-time production
D)large batch processing
E)standardization

Question

Quizplus · Accepted Answer

Concurrent engineering is a process that involves all functions and perspectives for a product or service from the beginning of the process, with the aim of speeding up research and product development. This approach can help companies become more competitive by reducing lead times and costs, and by increasing customer satisfaction. Small and large batch processing, just-in-time production, and standardization do not necessarily involve the same level of collaboration and communication between functions as concurrent engineering.

Fritz Told His Management Team, "Our Workflow Occurs in an Orderly