Exam 3: Product Design and Process Selection

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Reverse engineering is:

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Birdie Par owns a company that makes golf gloves.She is thinking about introducing a new glove,which would require an additional fixed cost of $20,000 per year.The variable costs for the new glove have been estimated to be $5 per glove. a)If she sells the new glove for $15,how many must she sell to break even? b)If she sells 3,000 gloves at the $15 price,what will the contribution to profit be?

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Why is a process flowchart useful?

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Product design decisions are:

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Which one of these refers to reducing the number of parts and features of the product whenever possible?

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In product screening,issues such as,"What is the market size?" and "What is the long term-product potential?" are addressed by:

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Define product design.

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Which of the following is correct sequence for relating product design,process selection,and arrangement of equipment in the factory?

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When designing the Taurus model,what did Ford Motor Company do with regard to BMW and Toyota?

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A technology which uses sensor tags to monitor perishable products is:

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Understanding the stages of the life cycle is not important for product design purposes.

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The classes that you are taking at the university use a ___________ process.

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Why are services more complex to design than manufactured goods?

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In product screening,issues such as "Will we need new facilities and equipment?" and "Can material for production be readily obtained?" are addressed by

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If a firm has fixed costs of $250,000,a market-based selling price of $50 per unit,and it expects to sell 20,000 units,how low must its variable costs be to break even?

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During the final design and testing stage:

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If a firm's facility layout is not correct it will create:

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Outsourcing instead of pursuing vertical integration is often a good strategic option for a firm using an intermittent operation.

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Triangle symbols are used in a process flowchart to represent decision points?

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Which of the following is not included in the preliminary design and testing stage?

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