Physical Product Designer Interview Question:

Considerations of costing systems are
a) life cycle costs
b) machine usage
c) cost of purchasing machinery
d) all of the mentioned

Submitted by: Muhammad

d) all of the mentioned
Explanation: Costing Systems, also called cost justification, typically include the following considerations: (a) intangible benefits of quality improvements and inventory reduction, (b) life-cycle costs, (c) machine usage, (d) cost of purchasing machinery compared with that of leasing it, (e) financial risks involved in implementing highly automated systems, and (f) new technologies and their impact on products.
Submitted by: Muhammad