OPS/571T Wk 1 – Practice: Week 1 Knowledge Check

OPS/571T Wk 1 – Practice: Week 1 Knowledge Check

OPS/571T Wk 1 – Practice: Week 1 Knowledge Check

OPS/571T Wk 1 – Practice: Week 1 Knowledge Check

Question 1:

A process that emphasizes cross-functional integration and concurrent development of a product and its associated processes is known as ___________. (Choose the correct answer to fill in the blank.)

Multiple Choice

  • integrated process planning
  • cross-functional design
  • team planning
  • integrated product planning
  • concurrent engineering

 

Question 2

What are the three general factors that determine the fit of a new or revised service process?

Multiple Choice

  • Product design, process design, and personnel skills
  • Size, style, and comfort
  • Size, style fit, and comfort
  • Skills, technology, and training
  • Skills fit, technology fit, and training

 

Question 3

The first step in developing a house of quality is to develop a list of _____________. (Choose the correct answer to fill in the blank.)

Multiple Choice

  • major parts and components of the product
  • team members
  • customer requirements for the product
  • rooms in the house
  • major vendors

 

Question 4:

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

 

Question 5:

System integration and validation are an important step in which variant of the generic product development process?

Multiple Choice

  • Technology-push products
  • Customized products
  • Complex systems
  • Quick-build products
  • Process-intensive products

 

Question 6:

A reason that firms must develop more new products than ever is which of the following?

Multiple Choice

  • Product life cycles are shorter
  • Commitments to joint venture partners
  • They are replacing old customers with new ones
  • To amortize heavy investments in development labs
  • The increased difficulty of defending patents and trade names

 

Question 7:

The aim of quality function deployment (QFD) is:

Multiple Choice

  • To facilitate house of quality analysis
  • To provide value analysis/value engineering input
  • To integrate design for manufacturing and assembly (DFMA)
  • To facilitate better cooperation between business functions
  • To get the voice of the customer into the design of a product

 

Question 8:

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

 

Question 9:

Economic analysis of product development projects must evaluate which of the following?

Multiple Choice

  • Planned profitability of the product
  • Expected market share to be attained
  • Net present value of profits
  • Timing and amount of net cash flow
  • Demand elasticity of the product

 

Question 10:

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

OPS/571T Wk 1 – Practice: Week 1 Knowledge Check

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OPS/571T Wk 1 – Practice: Week 1 Knowledge Check 

OPS/571T Wk 1 – Practice: Week 1 Knowledge Check

OPS/571T Wk 1 – Practice: Week 1 Knowledge Check

Question 1:

A process that emphasizes cross-functional integration and concurrent development of a product and its associated processes is known as ___________. (Choose the correct answer to fill in the blank.)

Multiple Choice

  • integrated process planning
  • cross-functional design
  • team planning
  • integrated product planning
  • concurrent engineering

 

Question 2

What are the three general factors that determine the fit of a new or revised service process?

Multiple Choice

  • Product design, process design, and personnel skills
  • Size, style, and comfort
  • Size, style fit, and comfort
  • Skills, technology, and training
  • Skills fit, technology fit, and training

 

Question 3

The first step in developing a house of quality is to develop a list of _____________. (Choose the correct answer to fill in the blank.)

Multiple Choice

  • major parts and components of the product
  • team members
  • customer requirements for the product
  • rooms in the house
  • major vendors

 

Question 4:

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

 

Question 5:

System integration and validation are an important step in which variant of the generic product development process?

Multiple Choice

  • Technology-push products
  • Customized products
  • Complex systems
  • Quick-build products
  • Process-intensive products

 

Question 6:

A reason that firms must develop more new products than ever is which of the following?

Multiple Choice

  • Product life cycles are shorter
  • Commitments to joint venture partners
  • They are replacing old customers with new ones
  • To amortize heavy investments in development labs
  • The increased difficulty of defending patents and trade names

 

Question 7:

The aim of quality function deployment (QFD) is:

Multiple Choice

  • To facilitate house of quality analysis
  • To provide value analysis/value engineering input
  • To integrate design for manufacturing and assembly (DFMA)
  • To facilitate better cooperation between business functions
  • To get the voice of the customer into the design of a product

 

Question 8:

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

 

Question 9:

Economic analysis of product development projects must evaluate which of the following?

Multiple Choice

  • Planned profitability of the product
  • Expected market share to be attained
  • Net present value of profits
  • Timing and amount of net cash flow
  • Demand elasticity of the product

 

Question 10:

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

OPS/571T Wk 1 – Practice: Week 1 Knowledge Check

OPS/571T Wk 1 – Practice: Week 1 Knowledge Check