Question 1

Radical innovation refers to a product modification that allows improved performance and benefits without changing either consumption patterns or behavior.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following does not describe a successful experience?

Accepted Answer

A) A customer finds it unique. 
B) A customer finds it memorable. 
C) A customer would want to repeat it. 
D) It cannot be recreated. 
E) The customer tells friends about it. 
A) A customer finds it unique. 
B) A customer finds it memorable. 
C) A customer would want to repeat it. 
D) It cannot be recreated. 
E) The customer tells friends about it.

Question 3

Generally,a new product is considered as a good,service,or good/service bundle that

Accepted Answer

A) Is similar to the competition 
B) Was previously not available to customers 
C) Was modified from similar products 
D) Is customized specifically for an individual customer 
E) Is requested by the firm's supply chain members 
A) Is similar to the competition 
B) Was previously not available to customers 
C) Was modified from similar products 
D) Is customized specifically for an individual customer 
E) Is requested by the firm's supply chain members

Question 4

Which of the following is an example of a decision resulting from a product reliability analysis?

Accepted Answer

A) Offering a car in several colors 
B) Offering a TV bundled with additional services like a maintenance agreement 
C) Using three engines on an airplane instead of the minimum two 
D) Allowing the customer to add additional modules to the basic computer 
E) Allowing the customer to add a personal message to an M&M 
A) Offering a car in several colors 
B) Offering a TV bundled with additional services like a maintenance agreement 
C) Using three engines on an airplane instead of the minimum two 
D) Allowing the customer to add additional modules to the basic computer 
E) Allowing the customer to add a personal message to an M&M

Question 5

Having a systematic process development plan in place can allow a company to react quickly and introduce a new product after a competitor's product is launched.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following terms is the use of cross-functional teams in the product design process most closely associated with?

Accepted Answer

A) Concurrent engineering 
B) Mass customization 
C) Synergy design methods 
D) Product families 
E) Strategic design process 
A) Concurrent engineering 
B) Mass customization 
C) Synergy design methods 
D) Product families 
E) Strategic design process

Question 7

Personnel training generally occurs in the development stage of new service developments.

Accepted Answer

A) True 
 B)False

Question 8

Describe four individual modules that are used in the design of a computer.

Accepted Answer

Hard disk,DVD-ROM,mi

Question 9

Competing in the existing market place,beating the competition,and exploiting existing demand are elements of

Accepted Answer

A) Operations strategy 
B) Marketing strategy 
C) Red Ocean strategy 
D) Blue Ocean strategy 
E) Optimistic strategy 
A) Operations strategy 
B) Marketing strategy 
C) Red Ocean strategy 
D) Blue Ocean strategy 
E) Optimistic strategy

Question 10

Differences between goods and services are disappearing because of all the following except

Accepted Answer

A) Product defects 
B) Inferior design 
C) Poor timing of introduction 
D) Cost overruns 
E) Lack of need for new products 
A) Product defects 
B) Inferior design 
C) Poor timing of introduction 
D) Cost overruns 
E) Lack of need for new products

Question 11

A blue ocean is an untapped and uncontested market with little or no competition.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following describes the use of backup components to enhance the reliability of a product?

Accepted Answer

A) Robust design 
B) Redundancy 
C) Reliability 
D) Desirability 
E) Complexity 
A) Robust design 
B) Redundancy 
C) Reliability 
D) Desirability 
E) Complexity

Question 13

Major trends related to product development for manufacturing and service industries include all the following except

Accepted Answer

A) Continuous innovation 
B) Disruptive innovation 
C) Concurrent engineering 
D) Mass customization 
E) Quality enhancement 
A) Continuous innovation 
B) Disruptive innovation 
C) Concurrent engineering 
D) Mass customization 
E) Quality enhancement

Question 14

Being able to shop for products on the Internet or book a hotel room online is an example of

Accepted Answer

A) Radical innovation 
B) Continuous innovation 
C) Disruptive innovation 
D) Mandatory innovation 
E) Strategic innovation 
A) Radical innovation 
B) Continuous innovation 
C) Disruptive innovation 
D) Mandatory innovation 
E) Strategic innovation

Question 15

In terms of life cycle,landline phones would fit best in which life cycle stage?

Accepted Answer

A) Introduction 
B) Growth 
C) Maturity 
D) Decline 
E) More than one category 
A) Introduction 
B) Growth 
C) Maturity 
D) Decline 
E) More than one category

Question 16

This phrase describes when computer-aided design,virtual reality,and computer-aided manufacturing are used together.

Accepted Answer

A) Design for manufacturing 
B) Design for cost 
C) Design for recycling 
D) Design for quality 
E) Design for reliability 
A) Design for manufacturing 
B) Design for cost 
C) Design for recycling 
D) Design for quality 
E) Design for reliability

Question 17

Which of the following is not an element of a Blue Ocean strategy?

Accepted Answer

A) Create an uncontested market place. 
B) Make the competition irrelevant 
C) Create and capture new demand 
D) Break the value-cost tradeoff 
E) Use all resources to compete in the market place 
A) Create an uncontested market place. 
B) Make the competition irrelevant 
C) Create and capture new demand 
D) Break the value-cost tradeoff 
E) Use all resources to compete in the market place

Question 18

Describe customer choice analysis.

Accepted Answer

It focuses on both the economi

Question 19

With time-based competition,the objective is to significantly compress the time required to propose,develop,produce,market,and deliver products.

Accepted Answer

A) True 
 B)False

Question 20

From the point of view of a specific firm,a new product is defined as an offering that has never been produced before by the firm or the competition.

Accepted Answer

A) True 
 B)False

Radical innovation refers to a product modification that allows improved performance and benefits without changing either consumption patterns or behavior.

Which of the following does not describe a successful experience?

Generally,a new product is considered as a good,service,or good/service bundle that

Which of the following is an example of a decision resulting from a product reliability analysis?

Having a systematic process development plan in place can allow a company to react quickly and introduce a new product after a competitor's product is launched.

Which of the following terms is the use of cross-functional teams in the product design process most closely associated with?

Personnel training generally occurs in the development stage of new service developments.

Describe four individual modules that are used in the design of a computer.

Competing in the existing market place,beating the competition,and exploiting existing demand are elements of

Differences between goods and services are disappearing because of all the following except

A blue ocean is an untapped and uncontested market with little or no competition.

Which of the following describes the use of backup components to enhance the reliability of a product?

Major trends related to product development for manufacturing and service industries include all the following except

Being able to shop for products on the Internet or book a hotel room online is an example of

In terms of life cycle,landline phones would fit best in which life cycle stage?

This phrase describes when computer-aided design,virtual reality,and computer-aided manufacturing are used together.

Which of the following is not an element of a Blue Ocean strategy?

Describe customer choice analysis.

With time-based competition,the objective is to significantly compress the time required to propose,develop,produce,market,and deliver products.

From the point of view of a specific firm,a new product is defined as an offering that has never been produced before by the firm or the competition.

Operations and Supply Chain Strategy

Quality Management

Process Design and Analysis

Forecasting

Independent Demand Inventory

Dependent Demand Inventory

Project Management

Optimization and Simulation Modeling

Capacity Planning

Quality Improvement Methods

Lean Enterprise

Technology and Integrated Supply Management

Global Supply Chain and Service Integration

Filters

Exam 3: New Product Development

Radical innovation refers to a product modification that allows improved performance and benefits without changing either consumption patterns or behavior.

Which of the following does not describe a successful experience?

Generally,a new product is considered as a good,service,or good/service bundle that

Which of the following is an example of a decision resulting from a product reliability analysis?

Having a systematic process development plan in place can allow a company to react quickly and introduce a new product after a competitor's product is launched.

Which of the following terms is the use of cross-functional teams in the product design process most closely associated with?

Personnel training generally occurs in the development stage of new service developments.

Describe four individual modules that are used in the design of a computer.

Competing in the existing market place,beating the competition,and exploiting existing demand are elements of

Differences between goods and services are disappearing because of all the following except

A blue ocean is an untapped and uncontested market with little or no competition.

Which of the following describes the use of backup components to enhance the reliability of a product?

Major trends related to product development for manufacturing and service industries include all the following except

Being able to shop for products on the Internet or book a hotel room online is an example of

In terms of life cycle,landline phones would fit best in which life cycle stage?

This phrase describes when computer-aided design,virtual reality,and computer-aided manufacturing are used together.

Which of the following is not an element of a Blue Ocean strategy?

Describe customer choice analysis.

With time-based competition,the objective is to significantly compress the time required to propose,develop,produce,market,and deliver products.

From the point of view of a specific firm,a new product is defined as an offering that has never been produced before by the firm or the competition.

Operations and Supply Chain Strategy

Quality Management

Process Design and Analysis

Forecasting

Independent Demand Inventory

Dependent Demand Inventory

Project Management

Optimization and Simulation Modeling

Capacity Planning

Quality Improvement Methods

Lean Enterprise

Technology and Integrated Supply Management

Global Supply Chain and Service Integration

Filters