M5-en f

5.1. Cost reduction through increased efficiency

What role does predictive maintenance play in cost reduction?

Twin Solutions integrate physical and digital systems to unlock economic benefits.

Customization and faster time-to-market have no impact on profit margins.

Energy efficiency measures do not affect long-term profitability.

What is the main strategy for reducing production costs?

5.2. Improved return on investment through digital solutions

Which of the following is not a component of ROI (Return on Investment)?

Which are the components that usually form the net profit from investments in Industry 4.0-based technologies?

According to researchers the costs of inaction (COI) meaning the potential financial losses of not investing in Industry 4.0-based technologies will be much less than the investment itself.

5.3. Revenue generation through new business models

Product-as-a-service model manufacturers sell products in combination with more features or service contracts to repair or replace.

PaaS can be considered as a circular business model because: (more than 1 answer is correct)

Which of the following statements is FALSE?

Make-to-Order (MTO), or Built-to-Order, is a type of business model that:

In MaaS model, manufacturing services are offered on-demand or as a subscription, allowing companies to access manufacturing capabilities without the need to own and operate their own production facilities which may lead to economies of scale, flexibility and optimised supply chain.