Question 1

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

Accepted Answer

A) Concept development 
B) Value engineering 
C) System-level design 
D) Testing and refinement 
E) Production/ramp-up 
A) Concept development 
B) Value engineering 
C) System-level design 
D) Testing and refinement 
E) Production/ramp-up

Question 2

Concept development is one of the typical phases of product development.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is not an example of technology -push product?

Accepted Answer

A) Gore-tex 
B) Artificial vein 
C) plant seeds 
D) I-phone 7 
E) Go-pro Camera 
A) Gore-tex 
B) Artificial vein 
C) plant seeds 
D) I-phone 7 
E) Go-pro Camera

Question 4

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

Accepted Answer

A) Simplify products and processes 
B) Improve the value that customers find in existing products 
C) Relate the customer's needs to technical specifications 
D) Meet budgets and improve the results of financial models 
E) Facilitate better cooperation between business functions 
A) Simplify products and processes 
B) Improve the value that customers find in existing products 
C) Relate the customer's needs to technical specifications 
D) Meet budgets and improve the results of financial models 
E) Facilitate better cooperation between business functions

Question 5

Value analysis/value engineering has as its objective to increase product quality and reduce costs.

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

Similarity of projects allows for a streamlined and highly structured development process in which variant of the generic product development process?

Accepted Answer

A) Technology-push products 
B) Customized products 
C) Complex systems 
D) Quick-build products 
E) Process-intensive products 
A) Technology-push products 
B) Customized products 
C) Complex systems 
D) Quick-build products 
E) Process-intensive products

Question 8

A competency is not core if it is easy for competitors to imitate.

Accepted Answer

A) True 
 B)False

Question 9

A reason that firms must develop more new products than ever is which of the following?

Accepted Answer

A) Product life cycles are shorter 
B) Commitments to joint venture partners 
C) They are replacing old customers with new ones 
D) To amortize heavy investments in development labs 
E) The increased difficulty of defending patents and trade names 
A) Product life cycles are shorter 
B) Commitments to joint venture partners 
C) They are replacing old customers with new ones 
D) To amortize heavy investments in development labs 
E) The increased difficulty of defending patents and trade names

Question 10

The ecodesign approach focuses exclusively on the design and commercial launch phases of the product's life cycle.

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A) Concept development Planning 
B) Value engineering 
C) System-level design 
D) Testing and refinement 
E) Production/ramp-up 
A) Concept development Planning 
B) Value engineering 
C) System-level design 
D) Testing and refinement 
E) Production/ramp-up

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

Concept development assumes a proven technology in which variant of the generic product development process?

Accepted Answer

A) Technology-push products 
B) Quick-build products 
C) Complex systems 
D) Platform products 
E) Process-intensive products 
A) Technology-push products 
B) Quick-build products 
C) Complex systems 
D) Platform products 
E) Process-intensive products

Question 14

What dimension of competitiveness does quality in product design affect?

Accepted Answer

A) Engineering hours per project 
B) The cost of ongoing service 
C) Responsiveness to customer needs 
D) Aesthetics of design 
E) None of these 
A) Engineering hours per project 
B) The cost of ongoing service 
C) Responsiveness to customer needs 
D) Aesthetics of design 
E) None of these

Question 15

Incorporation of environmental considerations in the design and development of products or services is called ecodesign.

Accepted Answer

A) True 
 B)False

Question 16

Consumer electronics is an example of a product developed in which variant of the generic product development process?

Accepted Answer

A) Technology-push products 
B) Customized products 
C) Platform products 
D) Quick-build products 
E) Process-intensive products 
A) Technology-push products 
B) Customized products 
C) Platform products 
D) Quick-build products 
E) Process-intensive products

Question 17

Performance measures discussed for development projects does not include

Accepted Answer

A) Frequency of new product introductions Yield 
B) Yield 
C) Percentage sales coming from very old products 
D) Cost of materials and tooling 
E) conformance - reliability in use 
A) Frequency of new product introductions Yield 
B) Yield 
C) Percentage sales coming from very old products 
D) Cost of materials and tooling 
E) conformance - reliability in use

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

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

Accepted Answer

A) Depreciation 
B) Ramp-up cost 
C) Development cost 
D) Sales revenue 
E) Marketing cost 
A) Depreciation 
B) Ramp-up cost 
C) Development cost 
D) Sales revenue 
E) Marketing cost

Question 20

The conclusion of the product development process is when the product is withdrawn from the market.

Accepted Answer

A) True 
 B)False

Exam 3: Design of Products and Services

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

Concept development is one of the typical phases of product development.

Which of the following is not an example of technology -push product?

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

Value analysis/value engineering has as its objective to increase product quality and reduce costs.

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

Similarity of projects allows for a streamlined and highly structured development process in which variant of the generic product development process?

A competency is not core if it is easy for competitors to imitate.

A reason that firms must develop more new products than ever is which of the following?

The ecodesign approach focuses exclusively on the design and commercial launch phases of the product's life cycle.

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

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

Concept development assumes a proven technology in which variant of the generic product development process?

What dimension of competitiveness does quality in product design affect?

Incorporation of environmental considerations in the design and development of products or services is called ecodesign.

Consumer electronics is an example of a product developed in which variant of the generic product development process?

Performance measures discussed for development projects does not include

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

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

The conclusion of the product development process is when the product is withdrawn from the market.

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