A ______ innovation is a product or service that takes root initially in simple applications, typically at the low end of a market.
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Disruptive
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The ______ is a method that helps prevent runaway, over-budget product development cycles.
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Stage-gate approach
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The four product lifecycle stages are ______.
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Introductory, growth, maturity, and decline
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Which of the following equations is true?
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Value = Function ÷ Cost
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______ is a process in which a firm dismantles a competitor’s existing products to see how they work and whether they can be improved.
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Reverse engineering
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______ is a process that encompasses the range of tools and practices that describe how, when, and in what order an organization needs to deploy them in order to design reliable products.
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Design for reliability
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The three major elements of DFMA are ______.
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Raw material, choosing the right machines and processes, and assembly
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every aspect of product development is considered early in the process.
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Concurrent engineering
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______ is the total time it takes a supplier to both produce a product and deliver it after it’s been ordered.
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Lead time
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______ are targeted toward an existing market and can be either radical or incremental.
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Sustained innovations
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Proper ______ is the placement in the market of your product relative to competing products.
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Product positioning
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______ is the most critical, and perhaps, the most difficult phase of the stage-gate approach.
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Stage 2
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______ is an approach in which independently created units called modules can be combined with others and easily rearranged, replaced, or interchanged to create different products.
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Modular design
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As a result of technological and ______ changes, the lifecycle stages of products are becoming shorter.
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Consumer taste
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What process is used to identify improved functionality of a product at a lower cost, without affecting existing functions and standards?
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Value analysis
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Analysis conducted to improve the value of all components used to develop a product from its design to its final delivery is known as
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Value Engineering
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Abbreviation of VA
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Value Analysis
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In Unit-To-Unit Variation product variations caused by variations in the______
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Materials
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In Target Market the potential set of ______ who might buy a product
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Consumers
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A product or service targeted toward an existing market that can be radical or incremental in nature is known as
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Sustaining Innovation
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Which method is used that helps prevent runaway, over-budget product development cycles by dividing new projects into stages (or phases), with gates separating consecutive stages
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Stage-Gate® Approach
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Service System Design Matrix is a tool that establishes the relationship ______ of service
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Among three key factors
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_______ is an approach to product or service design in which minor variations caused by various factors in a production process do not adversely affect how a product performs
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Robust Product Design
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________ is a process in which a firm dismantles a competitor’s existing products to see how they work and whether they can be improved.
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Reverse Engineering
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In Rapid Prototyping quickly creating a miniature version of a product or a mock-up of a product using ______ based on methods that are designed to create virtual reality games
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New technology
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A method that translates customers’ wants and needs into product or service features is known as
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Quality Function Deployment
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Product Platform is a set of subsystems and ______ that form a common structure
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Components
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Abbreviation of PLM
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Product Lifecycle Management
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a marketing concept that refers to managing the business side of the product during its life cycle, particularly its costs and sales performance is known as
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Process Design is the most cost-effective way to achieve the transformation of inputs to outputs to produce goods or services that satisfy customers
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True
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The overall process of strategy, organization, concept generation, product and marketing plan creation and evaluation is called
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New Product Development (NPD)
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An approach in which independently created units called
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Modules
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The mass production of individually customized products through the use of components assembled in several different configurations is known as
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Mass Customization
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In Lead Time the total time it takes a supplier to both produce a product and deliver it after it’s been ordered
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True
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In Internal Variation ______ caused by the wear and tear of production equipment as it ages
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Internal Variation
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House of Quality (HOQ) is a planning diagram that resembles a house used for capturing accurate and verifiable data from the customer in the first phase of the QFD process
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Correct Answer:
True
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Which is the correct statement about Global Product Development ?
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The process of introducing innovative new products, using an integrated, collaborative global team of engineers
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In external variation product variations caused by environmental conditions, such as temperature, humidity, or dust
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True
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Define Disruptive Innovation.
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A product or service that creates new and often unexpected markets through offering a totally new set of value propositions
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process that encompasses the range of tools and practices that describes how, when, and in what order an organization needs to deploy them to design reliable products is known as
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DFR
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DFMA is stands for
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Design for Manufacturing and Assembly
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A process that determines the parts of a product to be designed for refurbishing and reuse is known as
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DFDRR
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Concurrent Engineering is a development approach in which tasks are performed
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Parallel
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Define Beta Testing.
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Field testing done to obtain valuable feedback on a product
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Computer-aided Design is also known as
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Correct Answer:
Computer-aided engineering
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