By using computers to design and manufacture products, firms are able to:

CA Foundation · Business Economics · MTP · June 2024
By using computers to design and manufacture products, firms are able to:
(A) A. reduce production costs.
(B) B. reduce the optimal lot size.
(C) C. reduce the time required to introduce new products.
(D) D. All of the above are correct.

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. All of the above are correct.

Topics: Theory of Production and Cost

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