Exam 5: Design of Goods and Services

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The four phases of the product life cycle are incubation, introduction, growth, and decline.

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Rapidly developing products and moving them to the market is part of time-based competition.

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The objective of the product decision is to develop and implement a product strategy that meets the demands of the marketplace with a competitive advantage.

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Identify the general benefits derived from CAD.

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In the __________ phase of the product life cycle, the product design has begun to stabilize.

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For a full-time college student, which of the following moments of truth exemplifies the customer's standard expectations?

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Payoffs, alternatives, and expected monetary values are terms associated with

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An engineering drawing shows the

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A process sheet is a type of

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The change in cell-phone model life cycles from 2 years to under 6 months is the result of

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One result of concurrent engineering in product design is

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Describe the benefits associated with value engineering.

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The "make-or-buy" decision distinguishes between what an organization chooses to produce and what it chooses to purchase from suppliers.

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The expected value of each course of action in a decision tree is determined by starting at the beginning of the tree (the left-hand side) and working toward the end of the tree (the right).

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Which of the following does not result from the effective use of group technology?

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Which of the following documents lists the operations (including assembly and inspection) necessary to produce the component with the material specified in the bill of material?

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Identify the steps involved in building the House of Quality.

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The three major subdivisions of the product decision are

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What is quality function deployment (QFD)?

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An assembly drawing

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