Parts standardization typically does NOT:
A)reduce the time to develop a new product.
B)reduce the cost of final products.
C)reduce the profit of a new product.
D)reduce the cost of developing new products.

Question

Quizplus · Accepted Answer

Parts standardization can help reduce the time and cost of developing new products by using common components and reducing the need for customized solutions. It can also help reduce the cost of final products by optimizing inventory and reducing the complexity of manufacturing processes. However, it should not affect the profitability of a new product, as this is determined by factors such as pricing, marketing, and competition. Therefore, reducing profit is not a typical outcome of parts standardization.

Parts Standardization Typically Does NOT