Question 1

In the investigation phase,the development of alternatives includes all of the following activities except one in the list.Which activity does not fit?

Accepted Answer

A)  Make or Buy and Outsourcing Analysis 
B)  Select Components, Technologies, and Supplies 
C)  Stress Testing 
D)  Marketing Analysis 
E)  Failure Analysis 
A)  Make or Buy and Outsourcing Analysis 
B)  Select Components, Technologies, and Supplies 
C)  Stress Testing 
D)  Marketing Analysis 
E)  Failure Analysis

Question 2

Value engineering is focused on the design stage.

Accepted Answer

A) True 
 B)False

Question 3

Supply managers need only be assigned to a design team in order to become a viable and lasting member of the team.

Accepted Answer

A) True 
 B)False

Question 4

Early Supply Management Involvement requires policy development that only affects supply management.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following questions does not typically belong on a value-engineering checklist?

Accepted Answer

A)  Can the item be eliminated? 
B)  Can the product quality be lowered to reach a lower price point? 
C)  If the item is not standard, can a standard item be used? 
D)  If it is a standard item, does it completely fit the application, or is it a misfit? 
E)  Does the item have greater capacity than required? 
A)  Can the item be eliminated? 
B)  Can the product quality be lowered to reach a lower price point? 
C)  If the item is not standard, can a standard item be used? 
D)  If it is a standard item, does it completely fit the application, or is it a misfit? 
E)  Does the item have greater capacity than required?

Question 6

Which of the following activities is typically not conducted in the production phase of the design process?

Accepted Answer

A)  Process Control 
B)  Material Availability Research 
C)  In Process and Final Testing 
D)  Adjust and calibrate the performance 
E)  Eliminate defects before much value is added to the product 
A)  Process Control 
B)  Material Availability Research 
C)  In Process and Final Testing 
D)  Adjust and calibrate the performance 
E)  Eliminate defects before much value is added to the product

In the investigation phase,the development of alternatives includes all of the following activities except one in the list.Which activity does not fit?

Value engineering is focused on the design stage.

Supply managers need only be assigned to a design team in order to become a viable and lasting member of the team.

Early Supply Management Involvement requires policy development that only affects supply management.

Which of the following questions does not typically belong on a value-engineering checklist?

Which of the following activities is typically not conducted in the production phase of the design process?

The Progression to Professional Supply Management

Organizational Issues

Supply Management: an Organization Spanning Activity

A Portfolio of Relationships

Purchasing Descriptions and Specifications

Managing for Quality

The Procurement of Equipment

Purchasing Services

Outsourcing

Sourcing

Global Supply Management

Total Cost of Ownership

Price and Cost Analysis

Methods of Compensation

Negotiation

Contract Formation and Legal Issues

Contact and Relationship Management

Ethics and Social Responsibilities

Production and Inventory Control

Demand Management and Logistics

Implementing Value Network Management

Filters

Exam 5: New Product Development

In the investigation phase,the development of alternatives includes all of the following activities except one in the list.Which activity does not fit?

Value engineering is focused on the design stage.

Supply managers need only be assigned to a design team in order to become a viable and lasting member of the team.

Early Supply Management Involvement requires policy development that only affects supply management.

Which of the following questions does not typically belong on a value-engineering checklist?

Which of the following activities is typically not conducted in the production phase of the design process?

The Progression to Professional Supply Management

Organizational Issues

Supply Management: an Organization Spanning Activity

A Portfolio of Relationships

Purchasing Descriptions and Specifications

Managing for Quality

The Procurement of Equipment

Purchasing Services

Outsourcing

Sourcing

Global Supply Management

Total Cost of Ownership

Price and Cost Analysis

Methods of Compensation

Negotiation

Contract Formation and Legal Issues

Contact and Relationship Management

Ethics and Social Responsibilities

Production and Inventory Control

Demand Management and Logistics

Implementing Value Network Management

Filters