A Black Belt practitioner is hired to identify a number of Critical to Price (CTP) factors in an effort to streamline and reduce costs associated with manufacturing Product A. The following are CTP…

The correct answer is D. Loan refinancing costs. A Critical to Price (CTP) is all the factors influencing the costs of a process. To manufacture a product component costs, assembly costs, shipping costs have to be included to calculate the total cost of manufacturing of the product.

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Question

A Black Belt practitioner is hired to identify a number of Critical to Price (CTP) factors in an effort to streamline and reduce costs associated with manufacturing Product A. The following are CTP factors EXCEPT:

Options

AComponent costs
BAssembly costs
CShipping costs
DLoan refinancing costs

How the community answered

(61 responses)

A
3% (2)
B
13% (8)
C
5% (3)
D
79% (48)

Explanation

A Critical to Price (CTP) is all the factors influencing the costs of a process. To manufacture a product component costs, assembly costs, shipping costs have to be included to calculate the total cost of manufacturing of the product.

Topics

#Critical to Price#CTP factors#cost analysis#Six Sigma

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