Final answer:
The statement that one of the main advantages of rapid prototyping is there is no capital investment in tooling is True. Rapid prototyping reduces upfront costs and tooling capital, allowing for greater design flexibility and lower marginal costs.
Step-by-step explanation:
One of the main advantages of rapid prototyping (RP) is indeed that there is no capital investment in tooling, which makes the statement True. Rapid prototyping allows for the creation of physical models using automated, computer-controlled equipment without the need for traditional manufacturing tools. This lack of need for expensive tooling helps to keep the marginal cost low when adopting new production methods.
Rapid prototyping is beneficial because it not only reduces upfront costs and lead times in the development phase of a product but also enhances flexibility in design changes. Since it does not require specialized tools for each new design, changes to a prototype can be made quickly and cost-effectively. This agility in design and manufacturing is crucial in today's fast-paced market.