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Chapter 4 MGT - Chapter4 Terms Manufacturability the...

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Chapter 4 Terms Manufacturability: the capability of an organization to produce an item at an acceptable profit Serviceability: the capability of an organization to provide a service at an acceptable cost or profit. Product liability: the responsibility of a manufacturer for any injuries or damages caused by a faulty product. Uniform Commercial code: products carry an implication of merchantability and fitness Life cycle assessment: the assessment of the environmental impact of a product or service throughout its useful life. Value analysis: examination of the function of parts and materials in an effort to reduce cost and/or improve product performance. Remanufacturing: refurbishing used products by replacing worn-out or defective components. Design for disassembly: design so that used products can be easily taken apart. Recycling: recovering materials for future use Design for recycling: design that facilitates the recovery of materials and components in used products for reuse. Standardization: extent to which a product, service, or process lacks variety. Mass customization: a strategy of producing basically standardized goods, but incorporating some degree of customization Delayed differentiation: the process of producing, but not quite completing, a product or service until customer preferences are known Modular design: a form of standardization which component parts are grouped into modules that are easily replaced or interchanged. Reliability: the ability of a product, part, or system to perform its intended function under a prescribed set of conditions. Failure: situation in which a product, part, or system does not perform as intended
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Normal operating conditions: the set of conditions under which an item’s reliability is specified. Robust design: design that results in products or services that can function over a broad range of conditions Reverse engineering: dismantling and inspecting a competitor’s product to discover product improvements Research and development: organized efforts to increase scientific knowledge or product innovation Concurrent engineering: bringing engineering design and manufacturing personnel
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