Deck 5: New Product Development

Question 1

Value engineering is focused on the production stage.

Answer 1

False

Question 2

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

Answer 2

False

Question 3

Value engineering is focused on the design stage.

Answer 3

True

Question 4

Which of the following is not associated with the development phase of the design process?

A) Questioning whether the objectives were met
B) Value engineering
C) Design analysis
D) Component availability
E) Viability analysis

Question 5

Supply managers must add value to the design process in order to become a viable and lasting member of the design team.

Question 6

The design stage provides the greatest opportunity to reduce costs the life cycle costs of products.Supply management and the firm's suppliers have major contributions to make during this process.

Question 7

Which of the following is not one of the typical questions to ask prior to inviting a supplier into the design process as presented in the book?

A) Is the supplier financially viable?
B) Are the supplier's short and long-term business objectives compatible with ours?
C) If a long-term relationship appears desirable, are the technology plans of the two firms compatible?
D) If a long-term relationship appears desirable, is it likely that we can build a trusting relationship?
E) Are the supplier's suppliers capable of participating in the design process

Question 8

Which of the following is not one of the design process phases given in the textbook?

A) The Investigation Phase
B) The Post-Design Phase
C) The Development Phase
D) The Production Phase

Question 9

Which of the following is not one of the typical questions to ask prior to inviting a supplier into the design process as presented in the book?

A) Will the supplier be able to provide price concessions
B) Will the supplier be able to meet our cost, quality, and product performance requirements?
C) Does the supplier possess the required engineering capability?
D) Will the supplier be able to meet our development and production needs?
E) Does it have the necessary physical process and quality capabilities required?

Question 10

Value engineering is a systematic study of every element of cost in a material,item of equipment,service or construction project to ensure that every element of cost fulfills a necessary function and at the lowest possible total cost.

Question 11

Which of the following is not associated with the development phase of the design process?

A) Development of prototypes
B) Design reviews
C) Qualification testing
D) Failure analysis
E) Value analysis

Question 12

Early Supply Management involvement often requires policy development from upper management to ensure initial involvement.

Question 13

After realizing true costs in the production stage,the design stage provides the second greatest opportunity to reduce costs the life cycle costs of products.

Question 14

Early Supply Management Involvement was formerly called Early Supplier Involvement (ESI).

Question 15

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

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

Question 16

Early Supply Management involvement was formerly called Early Purchasing Involvement (EPI).

Question 17

Value engineering is a systematic study of every element of cost in a material,item of equipment,service or construction project that is conducted by design engineering only.

Question 18

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

Question 19

In the investigation phase,the development of alternatives encompasses all of the following considerations,except one.Which does not belong to the list?

A) Value analysis
B) Suitability
C) Producibility
D) Component availability
E) Customer acceptability

Question 20

Which of the following is not a generalization about value?

A) Value can be defined as the lowest end cost at which the function can be accomplished at the time and place and with the quality required
B) Value is determined objectively and subjectively by design engineers
C) Some items/services/processes which cost less than a similar item/service/process may accomplish the function in a superior or equal manner
D) Value cannot be determined exclusively by an examination of the item/service/process being evaluated
E) The value of any service, material, or product is established by the minimum cost of the other alternatives that will perform the same function

Question 21

In analyzing each part in VA/VE,which is not a typical question asked?

A) Can any part be eliminated without impairing the operation of the complete unit?
B) Can the design of the part be simplified to reduce its basic cost?
C) Can the design of the part be changed to permit the use of simplified or less costly production methods?
D) Can multiple parts be sourced that perform the same function?
E) Can less expensive but equally satisfactory materials be used in the part?

Question 22

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

A) Can the weight be reduced?
B) Is there a similar item in inventory that could be substituted?
C) Can standard parts be replaced by complex parts?
D) Are closer tolerances specified than are necessary?
E) Is unnecessary machining performed on the item?

Question 23

Which of the following is not one of the recommendations given in the textbook for supply management to do so that the supply department's involvement in design is viewed by engineering as an asset and not a nuisance?

A) Convince upper management to establish policies that force engineering to coordinate with supply management on the design process
B) Supply Managers must acquire skills and knowledge
C) Learn how to read engineering drawings
D) Learn technical terms
E) Meet with supplier's sales personnel to review technical information about products

Question 24

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

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 25

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

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

Question 26

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

A) Can more parts be used to achieve the same quality?
B) Can you make the item less expensively in your plant?
C) Is the item properly classified for shipping purposes to obtain lowest transportation rates?
D) Can cost of packaging be reduced?
E) Are suppliers contributing suggestions to reduce cost?