Statements regarding Regal Marine Show
Three major elements of product decision are selection, definition, and design Which stage of the product life cycle should product strategy focus on process modifications as the product being fine tuned for the market? A products life cycle is divided into four stages introduction, growth, maturity, decline When should product strategy focus on forecasting capacity requirements growth stage of product life cycle The analysis tool that lists products in descending order of their individual dollar contribution to the firm is product by value analysis Which stage of the PLC is product strategy likely to focus on improved cost control used to rank a companys products to determine which products represent the best use of the firms resources to determine which products are to be eliminated product by value analysis What percentage of sales from new products is indicative of industry leaders? Operations managers must be able to anticipate changes in which of the following Most likely cause a change in market opportunities based upon levels of incokme and wealth an opportunity for generating a new product understanding the customer Which of the following is true regarding value engineering oriented toward improvement of design Reducing the complexity and improving maintainability are manufacturability and value engineering Quality function deployment graphic technique for defining the relationship between customer desires and product is result of concurrent engineering in product design is speedier product development Japanese method of organizing single organization without subdivision Manufacturability and value engineering has which of the following value analysis takes place during the production process when it is clear that the new product is a success external product development strategy highest product development risk new internally developed products shows hierarchy of components schematic form how a product is assembled
sequence of operations necessary to produce the component shows an exploded view of the product instructions to make a given quantity of an item analysis that focuses on ways in which processes can be designed to optimize interaction btween firms role of decision trees in product design is to calculate the expected value of each course of action
The most suitable response is alternative C) at development ——————————————————————————————————————————————————
Statements regarding Regal MarineAll are trueThree major elements of product decision areselection, definition, and designWhich stage of the product life cycle should product strategy focus on process modifications as the product being fine tuned for the market?introductionA products life cycle is divided into four stagesintroduction, growth, maturity, declineWhen should product strategy focus on forecasting capacity requirementsgrowth stage of product life cycleproduct by value analysisWhich stage of the PLC is product strategy likely to focus on improved cost controlmaturityused to rank a companys products to determine which products represent the best use of the firms resources to determine which products are to be eliminatedproduct by value analysisWhat percentage of sales from new products is indicative of industry leaders?50%Operations managers must be able to anticipate changes in which of the followingall of the aboveMost likely cause a change in market opportunities based upon levels of incokme and wealtheconomic changean opportunity for generating a new productunderstanding the customerWhich of the following is true regarding value engineeringoriented toward improvement of designReducing the complexity and improving maintainability aremanufacturability and value engineeringQuality function deploymentall of the abovegraphic technique for defining the relationship between customer desires and product ishouse of qualityresult of concurrent engineering in product design isspeedier product developmentJapanese method of organizingsingle organization without subdivisionManufacturability and value engineering has which of the followingi,ii,iii,iv,vBridgets hamburgersmodular designvalue analysis takes placeduring the production process when it is clear that the new product is a successBoeings 737 and printerproduct platformexternal product development strategyallianceshighest product development risknew internally developed productsshows hierarchy of componentsbill of materialschematic form how a product is assembledassembly charta route sheet provides asequence of operations necessary to produce the componentassembly drawingshows an exploded view of the productinstructions to make a given quantity of an itemwork orderanalysis that focuses on ways in which processes can be designed to optimize interaction btween firmsPCNrole of decision trees in product design is tocalculate the expected value of each course of actiontransition to productiondevelopmentWhich of the following is an appropriate strategy during the maturity stage of the product lifecycle?The correct answer to this question is option b. Phase out weak products. Which of the following documents lists the operations necessary to produce the component with the material specified in the bill of material?An assembly drawing lists the operations necessary to produce the component. Which of the following is an example of competing on the basis of differentiation quizlet?Which of the following is an example of competing on the basis of differentiation? A firm offers more reliable products than its competitors do. With reference to cultural and ethical issues, the World Trade Organization has: made progress in providing equal protection of intellectual property among nations. Which of the following is true regarding value engineering quizlet?Which of the following is true regarding value engineering? Value engineering is oriented toward improvement of design. Value engineering can save substantial amounts of product cost, but quality suffers. At which stage of the product life cycle should product strategy focus on forecasting capacity requirements?b . In the growth stage of the product lifecycle, the management may focus on the product strategy by forecasting the capacity requirement. It helps the product to gain a large share in the market.
In which stage of the product life cycle should product strategy focus on process modifications as the?Many businesses find that the best strategy is to modify their product in the maturity stage to avoid entering the decline stage.
What is the objective of the product decision?The objective of the product decision is to develop and implement a product strategy that meets the demands of the marketplace with a competitive advantage.
What are the three major elements of the product decision?The three major elements of the product decision are: Selection, definition, and design.
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In which stage of the product life cycle should product strategy focus on forecasting capacity requirements?
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