Practice - Cost and Lead-Time Reduction
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Practice Questions
Test your understanding with targeted questions
What does AM stand for?
💡 Hint: Think of 3D printing.
Name one benefit of using AM.
💡 Hint: Consider how much it costs to make a prototype.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What does AM help to significantly reduce in production?
💡 Hint: Think about how quickly a part can be produced.
True or False: AM produces large amounts of waste.
💡 Hint: Consider how traditional manufacturing affects material usage.
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Challenge Problems
Push your limits with advanced challenges
Calculate the potential cost savings in a scenario where traditional manufacturing requires $100,000 in tooling, but AM can produce the same part for $25,000 with no tooling costs. What percentage cost saving does this represent?
💡 Hint: Think about how much you save relative to the original cost.
Discuss how AM can transform an inefficient supply chain in a fictional company that often runs out of stock, leading to lost sales. How could implementing AM change this dynamic?
💡 Hint: Consider how demand can be matched directly with production using AM.
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Reference links
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