Answer these questions below.
1. Describe the concept of concurrent engineering.
2. How does concurrent engineering improve the product design process?
3. Describe the concept of failure modes and effects analysis (FMEA).
4. What is the end result of FMEA analysis?
5. How does a value chain help organizations manage their supply chains?
6. What is the purpose of single sourcing?
7. How can single sourcing help firms meet their quality objectives?
8. How has your perspective changed regarding single sourcing now that you experienced a pandemic and the supply chain disruptions?
9. What is continual improvement necessary for a business organization?
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