C. medium, high D. low, medium 6. To take full advantage of automated production, manufacturers demand % quality parts from vendors. A. 50 B. 75 C. 99 D. 100 7. What is engineering economics as it applies to robotic systems? A. Analyzing the monetary impact and technical aspects of equipment or other projects. B. A process of adding up the cost of materials, the cost of labor, and calculating a total cost to the customer for a product. C. The accounting process for searching for the most expensive way to produce a part to maximize profits. D. Analyzing the way workers perform a task and creating a detail list of steps so that another person or robot can perform the same task. 8. The money spent on a new application to prevent the need to spend money in the future is known as A. capital investment B. cost savings C. avoidance costs D. maintenance costs 9. When evaluating the potential purpose of a robotic system, what is mean the question: "What are the economic justifications?" A. The processes required to manufacture a part can be accomplished w the available technology. B. The cost of adding the technology will be made up because it will say the company money in the long-term. C. The robot will improve overall quality of the parts the company mak D. The workers have the skills to support the robotic system. Copyright Goodheart Willcox Co., Inc