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Concurrent engineering relies on an integrated approach, in which the engineering/design process takes place throughout the cost life cycle using cross-functional teams. Strategically, this concurrent approach should give a firm all of the following except:

a) Flexibility in refining its design.

b) Ability to quickly incorporate customer suggestions.

c) Cost savings because of time saved.

d) More detailed analysis of product functionality.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M943635

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