OPS 571 Wk 1 – Apply: Week 1 Exam

Complete the Week 1 Exam in McGraw-Hill Connect.

The ecodesign approach focuses exclusively on the design and commercial launch phases of the product’s life cycle.

Similarity of projects allows for a streamlined and highly structured development process in which variant of the generic product development process?

Multiple Choice

Technology-push products

Customized products

Complex systems

Quick-build products

Process-intensive products

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.

DFMA stands for design for manufacturing and assembly.

The generic development process outlined in the textbook is followed by many, if not most, of the firms in the Fortune 500.

Which of the following is a characteristic of concurrent engineering?

Multiple Choice

Integrated computer-assisted design

Using automated guided vehicles

Separate development teams working at once

Having an excellent forecasting system

The design-build-test cycle

A contract manufacturer is an organization capable of manufacturing and/or purchasing all of the components needed to produce a finished product or device.

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

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

In a concurrent engineering approach to product design and development, an integration team ensures that various parts of the product are compatible with the needs of the target customer.

A competency is not core if it is easy for competitors to imitate.

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

In the generic product development process, collecting customer needs is accomplished during phase 0 (planning).

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

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

Concept development assumes a proven technology in which variant of the generic product development process?

Multiple Choice

Technology-push products

Quick-build products

Complex systems

Platform products

Process-intensive products

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

The main purpose of concurrent engineering is to improve product quality.

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

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

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

Quality function deployment (QFD):

Multiple Choice

Is a manufacturing function aimed at lowering cost by reducing the portion of rejected units.

Fills the house of quality matrix with the designer’s aspirations for the product.

Starts with studying and listening to customers.

Is a place where the quality assurance function is housed.

Is another term for value engineering.

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

The most basic categories of cash flow for a typical new product do not include:

Multiple Choice

Depreciation

Ramp-up cost

Development cost

Sales revenue

Marketing cost

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