Which of the following is the GREATEST advantage of using component standardization in product design?

Which of the following is the GREATEST advantage of using component standardization in product design?
A . Increasing the potential supply base for the standardized components
B . Leveraging volume and simplifying new product development
C . Reducing component costs and forecast complexity
D . Reducing the effort required to maintain the supply chain

Answer: B

Explanation:

Component standardization increases purchasing power through higher volumes, leading to cost reductions and simpler product development. It streamlines processes and reduces complexity, enhancing efficiency and flexibility.

Reference: Product design and development literature often highlight standardization as a means to optimize manufacturing and supply chain processes.