Exam 5: Design of Goods and Services

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Reducing the complexity of a product and improving a product's maintainability are activities of:

(Multiple Choice)
4.8/5
(38)

An assembly drawing lists the operations necessary to produce the component.

(True/False)
4.9/5
(44)

A company producing apps for a social networking site is deciding which path to pursue.The first is to create an app that has universal appeal but faces a crowded market.This app,A,would have sales of 100,000 copies at $1 each under ideal conditions,but under tough conditions would have sales of only 60,000 copies at $.80 each.The other app,B,would have sales of 500,000 units at $.50 each under ideal conditions but sales would be reduced to 10,000 units at $.50 each under tough conditions.If ideal and rough conditions occur with the same frequency,which app should the company produce? Note: both apps cost the same amount to develop.

(Essay)
5.0/5
(38)

A result of concurrent engineering in product design is:

(Multiple Choice)
4.9/5
(45)

Identify the 7 steps involved in building the house of quality.

(Essay)
4.8/5
(44)

A company is deciding if it should design an advertising system for use on Twitter©.The first option is to skip out on designing,with no net costs or gains.The second option is System A,which would result in additional sales of either $50,000 under good conditions or $10,000 under bad conditions.The final choice is System B,which would increase sales by $20,000 under both good and bad conditions.Suppose that good conditions are twice as likely as bad conditions.Which option should the company pursue if developing a system costs $25,000?

(Essay)
4.9/5
(38)

Discuss the advisability of using modular assemblies in manufacturing.(What are the advantages and disadvantages?)To what extent can these arguments be applied to service products?

(Essay)
4.8/5
(40)

JDI,Inc.is trying to decide whether to make or buy a part (#J-45FPT).Purchasing the part would cost $1.50 each.If they design and produce it themselves,it will result in a per unit cost of $0.75.However,the design investment would be $50,000.Further,they realize that for this type of part,there is a 30% chance that the part will need to be redesigned at an additional cost of $50,000.Regardless of whether they make or buy the part,JDI will need 100,000 of these parts.Using decision trees analysis and EMV,what should JDI do? Show the decision tree.

(Essay)
4.8/5
(35)

Which of the following is an example of an external product development strategy?

(Multiple Choice)
4.8/5
(41)

________ provides a format allowing the electronic transmittal of three-dimensional data.

(Essay)
4.9/5
(36)

Which of the following represents an opportunity for generating a new product?

(Multiple Choice)
4.7/5
(35)

A listing of the hierarchy of components,their description,and the quantity of each required to make one unit of product is the ________.

(Essay)
4.9/5
(32)

According to PCN analysis,service operations exist only within the area(s)of:

(Multiple Choice)
4.9/5
(41)

Which of the following is NOT a service design technique used to increase service efficiency?

(Multiple Choice)
4.8/5
(49)

Which of the following is TRUE regarding computer-aided design?

(Multiple Choice)
4.9/5
(34)

Which of these statements regarding Regal Marine is TRUE?

(Multiple Choice)
4.7/5
(37)

Within PCN analysis,a(n)________ is a sequence of steps that accomplishes an identifiable purpose (of providing value to process participants).

(Essay)
4.8/5
(31)

________ lists products in descending order of the individual dollar contribution to the firm.

(Essay)
4.8/5
(32)
Showing 101 - 118 of 118
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)