Exam 3: Design of Products and Services

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The inherent value of the product in the marketplace is:

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

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Ultimate value is the measure of the value of a product in the marketplace.

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Designing a service is very similar to designing a product.

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A key decision point in the generic development process during "Phase 4: Testing and Refinement" is concept approval.

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

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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.

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Quality function deployment (QFD):

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

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An important issue when developing a new service or changing an existing one is the question of how different the new service is compared to the current services offered by the firm. Which of the following is not a general factor to consider when determining this?

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

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

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

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

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

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Which of the following is a characteristic of concurrent engineering?

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DPMO measures variability.

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

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

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

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