OPS/571T Wk 1 – Apply: Week 1 Assignment

OPS/571T Wk 1 – Apply: Week 1 Assignment

OPS/571T Wk 1 – Apply: Week 1 Assignment

OPS/571T Wk 1 – Apply: Week 1 Assignment

Economic analysis of product development projects is useful in which of the following circumstances?

Multiple Choice

  • Factory location
  • Distribution decisions
  • Go/no-go milestones
  • Demand estimation
  • Pricing

 

Because ecodesigned products are innovative and have better environmental performance, they can be of a slightly lesser quality than the market standard.

True or False

TrueFalse

 

The “house of quality” matrix is a technique that relates customer requirements to concrete operating or engineering goals.

True or False

TrueFalse

 

Which of the following is primarily used to help design products that will connect product attributes with customer desires?

Multiple Choice

  • Phase 0: Planning
  • House of quality matrix
  • Value analysis/value engineering
  • Concurrent engineering
  • System-level design

 

A key decision point in the generic development process during “Phase 1: Concept Development” is project approval.

True or False

TrueFalse

 

Which of the following is not a typical phases of product development?

Multiple Choice

  • Concept development
  • Value engineering
  • System-level design
  • Testing and refinement
  • Production/ramp-up

 

Sensitivity analysis of the base-case financial model is a useful tool for which of the following reasons?

Multiple Choice

  • To determine how long the development process can profitably last
  • To understand how many technical people are needed to make the project a success
  • To help understand the basic trade-offs of resources committed and cash received
  • To identify the necessary product launch date
  • To set marketing and sales budgets

 

Design for manufacturing and assembly delivers product improvements by emphasizing which of the following?

Multiple Choice

  • Reducing product quality during the assembly process
  • Simplification of the product by reducing the number of separate parts
  • Reducing equipment in the production process
  • Designing products so they can be manufactured by a virtual factory
  • Designing products that customers will want

 

Target customers are specified during “Phase 0: Planning” of the generic product development process.

True or False

TrueFalse

 

Performance measures discussed for development projects does not include

Multiple Choice

  • Frequency of new product introductions
  • Yield
  • Percentage sales coming from very old products
  • Cost of materials and tooling
  • conformance – reliability in use

 

Most purchasers of electronic products cannot fully operate them and use only a small number of the available features.

True or False

TrueFalse

 

Designing a new product for aesthetics and for the user is generally termed industrial design.

True or False

TrueFalse

 

Advocates of financial modeling of product design projects argue that:

Multiple Choice

  • Financial analysis focuses on measurable quantities only.
  • Financial analysis brings discipline and control to the product development process.
  • Sufficiently rigorous financial analysis can accurately forecast the product’s profit potential.
  • Financial analysis is as solid as the assumptions that go into the model.
  • Financial analysis nurtures innovation and creativity.

 

The purpose of value analysis/value engineering (VA/VE) is to:

Multiple Choice

  • Simplify products and processes
  • Improve the value that customers find in existing products
  • Relate the customer’s needs to technical specifications
  • Meet budgets and improve the results of financial models
  • Facilitate better cooperation between business functions

 

Consumer electronics is an example of a product developed in which variant of the generic product development process?

Multiple Choice

  • Technology-push products
  • Customized products
  • Platform products
  • Quick-build products
  • Process-intensive products

 

Specialized design firms tend to have highly developed processes that support the needs of particular industries.

True or False

TrueFalse

 

Concept development is one of the typical phases of product development.

True or False

TrueFalse

 

The conclusion of the product development process is when the product is withdrawn from the market.

True or False

TrueFalse

 

Which of the following is not a typical phases of product development?

Multiple Choice

  • Concept development
  • Planning
  • System-level design
  • early market feedback
  • Production/ramp-up

 

One of the methodologies that can aid in designing a new product for customers is a house of quality matrix.

True or False

TrueFalse

 

A key tool of a quality function deployment team is the house of quality matrix.

True or False

TrueFalse

 

Value analysis/value engineering has as its objective to increase product quality and reduce costs.

True or False

TrueFalse

 

One of the major benefits of DFMA is that products are designed that customers will want.

True or False

TrueFalse

 

Quality function deployment involves listening to customers to determine the characteristics of a superior product.

True or False

TrueFalse

 

Core competencies are those things that everyone in the firm must be able to do well.

True or False

TrueFalse

OPS/571T Wk 1 – Apply: Week 1 Assignment

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OPS/571T Wk 1 – Apply: Week 1 Assignment 

OPS/571T Wk 1 – Apply: Week 1 Assignment

OPS/571T Wk 1 – Apply: Week 1 Assignment

Economic analysis of product development projects is useful in which of the following circumstances?

Multiple Choice

  • Factory location
  • Distribution decisions
  • Go/no-go milestones
  • Demand estimation
  • Pricing

 

Because ecodesigned products are innovative and have better environmental performance, they can be of a slightly lesser quality than the market standard.

True or False

TrueFalse

 

The “house of quality” matrix is a technique that relates customer requirements to concrete operating or engineering goals.

True or False

TrueFalse

 

Which of the following is primarily used to help design products that will connect product attributes with customer desires?

Multiple Choice

  • Phase 0: Planning
  • House of quality matrix
  • Value analysis/value engineering
  • Concurrent engineering
  • System-level design

 

A key decision point in the generic development process during “Phase 1: Concept Development” is project approval.

True or False

TrueFalse

 

Which of the following is not a typical phases of product development?

Multiple Choice

  • Concept development
  • Value engineering
  • System-level design
  • Testing and refinement
  • Production/ramp-up

 

Sensitivity analysis of the base-case financial model is a useful tool for which of the following reasons?

Multiple Choice

  • To determine how long the development process can profitably last
  • To understand how many technical people are needed to make the project a success
  • To help understand the basic trade-offs of resources committed and cash received
  • To identify the necessary product launch date
  • To set marketing and sales budgets

 

Design for manufacturing and assembly delivers product improvements by emphasizing which of the following?

Multiple Choice

  • Reducing product quality during the assembly process
  • Simplification of the product by reducing the number of separate parts
  • Reducing equipment in the production process
  • Designing products so they can be manufactured by a virtual factory
  • Designing products that customers will want

 

Target customers are specified during “Phase 0: Planning” of the generic product development process.

True or False

TrueFalse

 

Performance measures discussed for development projects does not include

Multiple Choice

  • Frequency of new product introductions
  • Yield
  • Percentage sales coming from very old products
  • Cost of materials and tooling
  • conformance – reliability in use

 

Most purchasers of electronic products cannot fully operate them and use only a small number of the available features.

True or False

TrueFalse

 

Designing a new product for aesthetics and for the user is generally termed industrial design.

True or False

TrueFalse

 

Advocates of financial modeling of product design projects argue that:

Multiple Choice

  • Financial analysis focuses on measurable quantities only.
  • Financial analysis brings discipline and control to the product development process.
  • Sufficiently rigorous financial analysis can accurately forecast the product’s profit potential.
  • Financial analysis is as solid as the assumptions that go into the model.
  • Financial analysis nurtures innovation and creativity.

 

The purpose of value analysis/value engineering (VA/VE) is to:

Multiple Choice

  • Simplify products and processes
  • Improve the value that customers find in existing products
  • Relate the customer’s needs to technical specifications
  • Meet budgets and improve the results of financial models
  • Facilitate better cooperation between business functions

 

Consumer electronics is an example of a product developed in which variant of the generic product development process?

Multiple Choice

  • Technology-push products
  • Customized products
  • Platform products
  • Quick-build products
  • Process-intensive products

 

Specialized design firms tend to have highly developed processes that support the needs of particular industries.

True or False

TrueFalse

 

Concept development is one of the typical phases of product development.

True or False

TrueFalse

 

The conclusion of the product development process is when the product is withdrawn from the market.

True or False

TrueFalse

 

Which of the following is not a typical phases of product development?

Multiple Choice

  • Concept development
  • Planning
  • System-level design
  • early market feedback
  • Production/ramp-up

 

One of the methodologies that can aid in designing a new product for customers is a house of quality matrix.

True or False

TrueFalse

 

A key tool of a quality function deployment team is the house of quality matrix.

True or False

TrueFalse

 

Value analysis/value engineering has as its objective to increase product quality and reduce costs.

True or False

TrueFalse

 

One of the major benefits of DFMA is that products are designed that customers will want.

True or False

TrueFalse

 

Quality function deployment involves listening to customers to determine the characteristics of a superior product.

True or False

TrueFalse

 

Core competencies are those things that everyone in the firm must be able to do well.

True or False

TrueFalse

OPS/571T Wk 1 – Apply: Week 1 Assignment

OPS/571T Wk 1 – Apply: Week 1 Assignment