Question 1

Which ordering of the last three stages of the product development process is correct?

Accepted Answer

A)  Test product $\rightarrow$  Design product and processes $\rightarrow$ Introduce product to market 
B)  Design product and processes $\rightarrow$  Introduce product to market$\rightarrow$  Test product 
C)  Introduce product to market $\rightarrow$  Test product $\rightarrow$  Design product and processes 
D)  Design product and processes $\rightarrow$  Test product $\rightarrow$  Introduce product to market 
A)  Test product $\rightarrow$  Design product and processes $\rightarrow$ Introduce product to market 
B)  Design product and processes $\rightarrow$  Introduce product to market$\rightarrow$  Test product 
C)  Introduce product to market $\rightarrow$  Test product $\rightarrow$  Design product and processes 
D)  Design product and processes $\rightarrow$  Test product $\rightarrow$  Introduce product to market

Question 2

A firm is trying to determine if it should launch a product. The product has an expected life of five years. It will bring in cash flows of $10,000 in each of the first three years and then $5,000 in the last two years. The company estimates that it will invest $30,000 in product research and development costs. Assume a discount rate of 8%. Based on NPV, what should the firm do?

Accepted Answer

A)  Launch the product because NPV is greater than the amount to be invested 
B)  Not launch the product because NPV is greater than the amount to be invested 
C)  Launch the product because the amount to be invested is greater than NPV 
D)  Not launch the product because the amount to be invested is greater than NPV 
A)  Launch the product because NPV is greater than the amount to be invested 
B)  Not launch the product because NPV is greater than the amount to be invested 
C)  Launch the product because the amount to be invested is greater than NPV 
D)  Not launch the product because the amount to be invested is greater than NPV

Question 3

The use of wearable devices and personal health trackers and applications has __________ in recent years.

Accepted Answer

The answer of The use of wearable devices and personal...

Question 4

Supplier participation in product design is often referred to as early supplier involvement.

Accepted Answer

A) True 
 B)False

Question 5

A typical financial measurement of the value of a new product idea is?

Accepted Answer

A)  Net present return 
B)  Net equitable distribution 
C)  Net present value 
D)  Net deductible allowances 
A)  Net present return 
B)  Net equitable distribution 
C)  Net present value 
D)  Net deductible allowances

Question 6

Describe how a firm might implement design for manufacture and assembly with a new product design.

Accepted Answer

A successful answer should not

Question 7

The __________ is a tool used to analyze the relationship between customer requirements, product attributes, and design specifications.

Accepted Answer

The answer of The __________ is a tool used to...

Question 8

Reducing the number of parts used and relying on the use of existing part designs are related to a concept referred to as?

Accepted Answer

A)  DCMA 
B)  DBMA 
C)  DFMA 
D)  DAMA 
A)  DCMA 
B)  DBMA 
C)  DFMA 
D)  DAMA

Question 9

A service blueprint displays which of the following?

Accepted Answer

A)  Activities between the service provider and customer 
B)  Noncontact activities that do not involve the customer 
C)  Both activities between the service provider and customer and noncontact activities that do not involve the customer 
D)  Neither activities between the service provider and customer nor noncontact activities that do not involve the customer 
A)  Activities between the service provider and customer 
B)  Noncontact activities that do not involve the customer 
C)  Both activities between the service provider and customer and noncontact activities that do not involve the customer 
D)  Neither activities between the service provider and customer nor noncontact activities that do not involve the customer

Question 10

Designing a product that is difficult and costly to manufacture is an example of poor ________?

Accepted Answer

A)  Internal fit 
B)  External fit 
C)  Both internal and external fit 
D)  Neither internal nor external fit 
A)  Internal fit 
B)  External fit 
C)  Both internal and external fit 
D)  Neither internal nor external fit

Question 11

QFD is _________ used by a variety of firms.

Accepted Answer

A)  Rarely 
B)  Widely 
C)  Decreasingly 
D)  Never 
A)  Rarely 
B)  Widely 
C)  Decreasingly 
D)  Never

Question 12

A firm determines that its IRR for a new product is 12%. For which discount rate does it make sense to develop the product?

Accepted Answer

A)  9% 
B)  13% 
C)  15% 
D)  20% 
A)  9% 
B)  13% 
C)  15% 
D)  20%

Question 13

The automotive industry __________ contract manufacturers for components.

Accepted Answer

A)  Is forbidden from using 
B)  Relies heavily on 
C)  Rarely uses 
D)  At one time was reliant on 
A)  Is forbidden from using 
B)  Relies heavily on 
C)  Rarely uses 
D)  At one time was reliant on

Question 14

Which of the following would likely be viewed as Subway's core competency?

Accepted Answer

A)  Customizable food made available for home delivery 
B)  Prepackaged food made available through convenience stores 
C)  Fast, standardized, and inexpensive food 
D)  Fast, highly customizable, and moderately priced food 
A)  Customizable food made available for home delivery 
B)  Prepackaged food made available through convenience stores 
C)  Fast, standardized, and inexpensive food 
D)  Fast, highly customizable, and moderately priced food

Question 15

Apple's Newton device was an example of?

Accepted Answer

A)  Poor internal fit 
B)  Poor external fit 
C)  Poor internal and external fit 
D)  Neither poor internal nor poor external fit 
A)  Poor internal fit 
B)  Poor external fit 
C)  Poor internal and external fit 
D)  Neither poor internal nor poor external fit

Question 16

A company that chooses to use "off-the-shelf" parts and less expensive materials may be engaging in what product design practice?

Accepted Answer

A)  Sales engineering 
B)  Value engineering 
C)  Discount engineering 
D)  Quality engineering 
A)  Sales engineering 
B)  Value engineering 
C)  Discount engineering 
D)  Quality engineering

Question 17

The Japanese name for concurrent engineering practices is?

Accepted Answer

A)  Soku system 
B)  Salamander system 
C)  Sashimi system 
D)  Sushi system 
A)  Soku system 
B)  Salamander system 
C)  Sashimi system 
D)  Sushi system

Question 18

A fast-food restaurant's ability to quickly provide inexpensive food might be referred to as a?

Accepted Answer

A)  Service recovery effort 
B)  Process mapping 
C)  Design acquisition 
D)  Core competency 
A)  Service recovery effort 
B)  Process mapping 
C)  Design acquisition 
D)  Core competency

Question 19

A firm is trying to determine which of two products it should launch. Product A has an expected life of three years. It will bring in cash flows of $11,000 in each of the three years. Product B has an expected life of two years. It will bring in cash flows of $15,500 in each of the two years. Assume a discount rate of 8%. Which product should the firm, based on NPV alone, select?

Accepted Answer

A)  Product A 
B)  Product B 
C)  Product A and B are equivalent 
D)  NPV for the products cannot be calculated with the information given. 
A)  Product A 
B)  Product B 
C)  Product A and B are equivalent 
D)  NPV for the products cannot be calculated with the information given.

Question 20

The alignment of product designs with the capabilities of design engineers and the wishes of the customer is achieved through which technique?

Accepted Answer

A)  QFD 
B)  QDF 
C)  QBD 
D)  QDB 
A)  QFD 
B)  QDF 
C)  QBD 
D)  QDB

Which ordering of the last three stages of the product development process is correct?

The use of wearable devices and personal health trackers and applications has __________ in recent years.

Supplier participation in product design is often referred to as early supplier involvement.

A typical financial measurement of the value of a new product idea is?

Describe how a firm might implement design for manufacture and assembly with a new product design.

The __________ is a tool used to analyze the relationship between customer requirements, product attributes, and design specifications.

Reducing the number of parts used and relying on the use of existing part designs are related to a concept referred to as?

A service blueprint displays which of the following?

Designing a product that is difficult and costly to manufacture is an example of poor ________?

QFD is _________ used by a variety of firms.

A firm determines that its IRR for a new product is 12%. For which discount rate does it make sense to develop the product?

The automotive industry __________ contract manufacturers for components.

Which of the following would likely be viewed as Subway's core competency?

Apple's Newton device was an example of?

A company that chooses to use "off-the-shelf" parts and less expensive materials may be engaging in what product design practice?

The Japanese name for concurrent engineering practices is?

A fast-food restaurant's ability to quickly provide inexpensive food might be referred to as a?

The alignment of product designs with the capabilities of design engineers and the wishes of the customer is achieved through which technique?

Operations Management, Processes, and Supply Chain Management

Corporate Strategy, Performance, and Sustainability

Process Design and Capacity Management

Customer Relationships and Customer Service

Demand Management, Forecasting, and Aggregate Planning

Independent Demand Inventory Management

Material Flow Analysis and Facility Layouts

Supplement: Job Scheduling and Vehicle Routing

Lean Systems

Managing Customer and Work Flows

Managing Information Flowsmrp and Erp

Managing Projects

Six Sigma Quality Management

Supplement: Statistical Quality Control

Global Supply Management

Location, Logistics, and Product Returns

Integrating Processes Along the Supply Chain

Filters

Exam 3: Product Design and Development

Which ordering of the last three stages of the product development process is correct?

The use of wearable devices and personal health trackers and applications has __________ in recent years.

Supplier participation in product design is often referred to as early supplier involvement.

A typical financial measurement of the value of a new product idea is?

Describe how a firm might implement design for manufacture and assembly with a new product design.

The __________ is a tool used to analyze the relationship between customer requirements, product attributes, and design specifications.

Reducing the number of parts used and relying on the use of existing part designs are related to a concept referred to as?

A service blueprint displays which of the following?

Designing a product that is difficult and costly to manufacture is an example of poor ________?

QFD is _________ used by a variety of firms.

A firm determines that its IRR for a new product is 12%. For which discount rate does it make sense to develop the product?

The automotive industry __________ contract manufacturers for components.

Which of the following would likely be viewed as Subway's core competency?

Apple's Newton device was an example of?

A company that chooses to use "off-the-shelf" parts and less expensive materials may be engaging in what product design practice?

The Japanese name for concurrent engineering practices is?

A fast-food restaurant's ability to quickly provide inexpensive food might be referred to as a?

The alignment of product designs with the capabilities of design engineers and the wishes of the customer is achieved through which technique?

Operations Management, Processes, and Supply Chain Management

Corporate Strategy, Performance, and Sustainability

Process Design and Capacity Management

Customer Relationships and Customer Service

Demand Management, Forecasting, and Aggregate Planning

Independent Demand Inventory Management

Material Flow Analysis and Facility Layouts

Supplement: Job Scheduling and Vehicle Routing

Lean Systems

Managing Customer and Work Flows

Managing Information Flowsmrp and Erp

Managing Projects

Six Sigma Quality Management

Supplement: Statistical Quality Control

Global Supply Management

Location, Logistics, and Product Returns

Integrating Processes Along the Supply Chain

Filters