Respuesta :
Answer:
Explanation:
To start with, I'd like for you to understand what the said terms mean.
Lead time is the time that is needed to work on the capability that is otherwise called 'Cycle time' in Reinertsen's work.
Product cost on the other hand is the manufacturing cost of goods that was sold. It is also the operational costs.
Value is said to be the economic worth of the capability to the business and the customer.
Development expense, finally, is the cost of labor and that of the materials that is required to implement a particular capability.
From the aforestated definitions, I can say therefore, that when basing decisions on economics with regard to the said parameters, they are used to identify the different parameters of the economic framework
The information regarding the decisions on economics should be explained below:
The following information should be considered;
- The decisions that should be based on economics related to the lead time, product cost, value & development that are used.
- It should identify the various kind of parameters with respect to the frameworks of economics.
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