Answered: A set of eight form relieved milling…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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The transmission was shot on school bus number 38, but the engine was fine. When the engine on bus 227 had issues, the mechanic pulled good engine parts from bus number 38 and installed them on bus 227 so it could deliver eager children to school the next day. This practice is called a. refurbishing. b. recycling. c. cannibalization. d. remanufacturing.
Make a Lean Canvas using a product of Bag made out of recycable material "Recycled Bag" Using this template Problems 1-3 problem of the customer (you can use the 5 why or job to be done technique) Existing Alternatives How do the early Adopters solve their problem today Customer Segments Who is your customer (be specific) Early adopters People that needed your product the most Solution For each item listed on Problems, provide solution (these solution must be a feature of the product) Unique Value Proposition What makes your product unique or noticeable You can derive it from your #1 problem Don't focus on feature but rather the finish story benefit (end result of your product) High-Level concept Memorable tagline Revenue Stream How will you price your product Price relative to alternatives Keep it simple Channels How will you build a path to customer Key Metrics How to measure the success of your business…
Which of these recent developments has demonstrated that an off-diagonal position on the Hayes and Wheelwright product-process matrix may not be as detrimental as initially thought? a. Mass customization b. Social media c. Lean/Six Sigma d. Concurrent engineering

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A set of eight form relieved milling cutters for each module is provided to enable cutting of gears of different ___. a)materials b)types of gears c)number of teeth d )width of gears.