OPS 571T Apply Week 1 Exam Assignment 100% Correct (All Possible Question/Answer)
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OPS 571T Apply Week 1 Exam Assignment 100% Correct (All Possible Question/Answer)

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1. Concept development is one of the typical phases of product development. True 2. Ecodesign replaces one or more of the other requirements considered in the design process. 3. Sensitivity analysis of the base-case financial model is a useful tool for which of the following reasons? Multiple Choice • 4. The aim of quality function deployment (QFD) is: 5. The most basic categories of cash flow for a typical new product do not include: 6. What dimension of competitiveness does time-to-market performance in product design and process selection affect? 7. Early prototypes of a new product, using the same geometry and material processes as the production versions, are usually constructed during the concept development phase of the product development process. 8. A key decision point in the generic development process during "Phase 1: Concept Development" is project approval. 9. Economic analysis of product development projects must evaluate which of the following? 10. Similarity of projects allows for a streamlined and highly structured development process in which variant of the generic product development process? 11. A reason that firms must develop more new products than ever is which of the following? 12. Which of the following is not a typical phases of product development? • Production/ramp-up 13. A key tool of a quality function deployment team is the house of quality matrix. 14. Performance measures discussed for development projects does not include 15. Concept development assumes a proven technology in which variant of the generic product development process? 16. Quality function deployment involves listening to customers to determine the characteristics of a superior product. True 17. Which of the following is a time-to-market performance measure used in judging product development performance? Multiple Choice Value analysis 18. Incorporation of environmental considerations in the design and development of products or services is called ecodesign. True 19. Quality function deployment (QFD): • Is another term for value engineering 20. The generic development process outlined in the textbook is followed by many, if not most, of the firms in the Fortune 500. False 21. Which of the following is primarily used to help design products that will connect product attributes with customer desires? 22. Economic analysis of product development projects is useful in which of the following circumstances? 23. Which of the following is not a typical phases of product development? 24. Most purchasers of electronic products cannot fully operate them and use only a small number of the available features. True 25. Which of the following is not an example of technology –push product? Which of the following is primarily used to help design products that will connect product attributes with customer desires? Phase 0: Planning House of quality matrix Value analysis/value engineering Concurrent engineering System-level design A key decision point in the generic development process during "Phase 1: Concept Development" is project approval. True False Quality function deployment is an engineering analysis whose purpose is to simplify products and processes. A contract manufacturer is an organization capable of manufacturing and/or purchasing all of the components needed to produce a finished product or device. Similarity of projects allows for a streamlined and highly structured development process in which variant of the generic product development process? In the generic product development process, collecting customer needs is accomplished during phase 0 (planning). True False Because ecodesigned products are innovative and have better environmental performance, they can be of a slightly lesser quality than the market standard. True False System integration and validation are an important step in which variant of the generic product development process? Which of the following is a time-to-market performance measure used in judging product development performance? Concept development is one of the typical phases of product development. True False A competency is not core if it is easy for competitors to imitate. True False Incorporation of environmental considerations in the design and development of products or services is called ecodesign. True False Which of the following is not a typical phases of product development? Quality function deployment (QFD): A key decision point in the generic development process during "Phase 4: Testing and Refinement" is concept approval. True False In the generic product development process, phase 2 (system-level design) begins with corporate strategy and incorporates market objectives. True False A reason that firms must develop more new products than ever is which of the following? One of the methodologies that can aid in designing a new product for customers is a house of quality matrix. True False Design for manufacturing and assembly delivers product improvements by emphasizing which of the following? Which of the following is not a typical phases of product development? Which of the following is a characteristic of concurrent engineering? Core competencies are those things that everyone in the firm must be able to do well. True False Which of the following is not an example of technology –push product? Gore-tex Performance measures discussed for development projects does not include Frequency of new product introductions Yield Percentage sales coming from very old products Cost of materials and tooling conformance - reliability in use Operation Management 571 week 1 exam One of the methodologies that can aid in designing a new product for customers is a house of quality matrix True False In the generic product development process, phase 2 (system-level design) begins with corporate strategy and incorporates market objectives True False Value analysis/value engineering has as its objective to increase product quality and reduce costs. True false Which of the following is not a typical phases of product development? Concept development Planning System-level design Early market feedback Production/ramp up Concept development assumes a proven technology in which variant of the generic product development process? Technology-push products Quick-build products Complex systems Platform products Process-intensive products The "house of quality" matrix is a technique that relates customer requirements to concrete operating or engineering goals. True false The conclusion of the product development process is when the product is withdrawn from the market. True false Economic analysis of product development projects is useful in which of the following circumstances? Factory location Distribution decisions Go/no-go milestones Demand estimation Pricing Specialized design firms tend to have highly developed processes that support the needs of particular industries True false Which of the following is not an example of technology –push product? Gore-tex Artificial vein Plant seeds i-phone 7 go-pro camera A contract manufacturer is an organization capable of manufacturing and/or purchasing all of the components needed to produce a finished product or device. True false A key tool of a quality function deployment team is the house of quality matrix. True false A reason that firms must develop more new products than ever is which of the following? Product life cycles are shorter Commitments to joint venture partners They are replacing old customers with new ones To amortize heavy investments in development labs The increased difficulty of defending patents and trade names Designing a new product for aesthetics and for the user is generally termed industrial design. True false Incorporation of environmental considerations in the design and development of products or services is called ecodesign. True false The most basic categories of cash flow for a typical new product do not include: Depreciation Ramp-up cost Development cost Sale revenue Marketing cost In a concurrent engineering approach to product design and development, an integration team ensures that various parts of the product are compatible with the needs of the target customer. True false Ecodesign replaces one or more of the other requirements considered in the design process. True false Consumer electronics is an example of a product developed in which variant of the generic product development process? Target customers are specified during "Phase 0: Planning" of the generic product development process. True false Which of the following is a characteristic of concurrent engineering? The design-build-test cycle Most purchasers of electronic products cannot fully operate them and use only a small number of the available features. True false Quality function deployment (QFD): Is a manufacturing function aimed at lowering cost by reducing the portion of rejected units. The generic development process outlined in the textbook is followed by many, if not most, of the firms in the Fortune 500. Sensitivity analysis of the base-case financial model is a useful tool for which of the following reasons?

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