Exam 5: Design of Goods and Services

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Which of the following represents an opportunity for generating a new product?

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Which of the following is true regarding value engineering?

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What is quality function deployment (QFD)?

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A drawing that shows the dimensions,tolerances,materials,and finishes of a component is a(n)________.

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________ lists products in descending order of the individual dollar contribution to the firm.

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

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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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Within PCN analysis,a(n)________ is a sequence of steps that accomplishes an identifiable purpose (of providing value to process participants).

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A restaurant kitchen contains a wall poster that shows,for each sandwich on the menu,a sketch of the ingredients and how they are arranged to make the sandwich.This is an example of a(n):

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Quality function deployment (QFD):

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A company is deciding if it should design an advertising system for use on Twitter©.The first option is to skip out on designing,with no net costs or gains.The second option is System A,which would result in additional sales of either $50,000 under good conditions or $10,000 under bad conditions.The final choice is System B,which would increase sales by $20,000 under both good and bad conditions.Suppose that good conditions are twice as likely as bad conditions.Which option should the company pursue if developing a system costs $25,000?

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Which of the following is TRUE concerning advantages of CAD?

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The customer may participate in the design of,and in the delivery of,services.

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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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According to PCN analysis,which process region includes process steps in which one participant is acting on another participant's resources,such as their information,materials,or technologies?

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Aggressive new product development requires that organizations build structures internally that contain what features?

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What identifies components by a coding scheme that specifies size,shape,and the type of processing (such as size)?

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A document for production that gives the instruction to make a given quantity of a particular item,usually to a given schedule,is a(n):

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The ________ is the crucial moment between the service provider and the customer that exemplifies,enhances,or detracts from the customer's expectations.

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What is the objective of the product decision?

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