WD Partners Electrical Design Engineer Interview Questions and Answers

Product costing for new parts

• Determine the cost of raw materials and labor required for production

• Include overhead costs such as rent, utilities, and equipment maintenance

• Consider any additional costs such as shipping or packaging

• Compare the cost to market prices to ensure profitability

• Regularly review and adjust costing as needed

Zero based costing is a method of cost accounting that involves starting from scratch and justifying every expense.

• Zero-based costing requires a thorough analysis of all costs associated with a new part

• It involves starting from a zero base and justifying every expense

• This method is useful for identifying unnecessary costs and improving efficiency

• Example: A company wants to introduce a new product line and uses zero-bas...read more

Essential skills for sales success include communication, empathy, resilience, and strategic thinking.

• Effective Communication: Clearly articulating product benefits to clients, like explaining a software solution's features.

• Active Listening: Understanding client needs by asking questions and reflecting on their responses, ensuring tailored solutions.

• Empathy: Building rapport by relating to clients' challenges, such as ...read more