Mkt380q - New Product Development - Final Exam

72 Questions  I  By Sjl7399
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This exam is your FINAL exam of the semester. It is worth 40% of your grade as indicated in the syllabus provided for you at the beginning of the term. Make sure to answer all questions accurately and follow any indicated directions.

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1.  Where do opportunities come from?
A.
B.
C.
D.
2.  Concept screening and scoring involve:
A.
B.
C.
D.
3.  Four types of patents include:
4.  A product champion is when:
5.  Most products take two years to develop:
A.
B.
6.  Better product process coordinations comes from a good customer focused product:
A.
B.
7.  When people have to learn new skills, they are often:
A.
B.
C.
D.
8.  Carefully designed products do NOT facilitate the rapid development of derivative products with various features and functions
A.
B.
9.  What is the formula and/or how do we charge for the assembly process? Give an example using the formula
10.  Please create a flow chart that accurately describes the manufacturing costs structure:
11.  What sort of guidelines do are created for developing the concept of a new product?
A.
B.
C.
D.
E.
F.
12.  A customer focused product is effective for group decision making:
A.
B.
13.  Xerox's primary strategy is to:
A.
B.
C.
D.
14.  The goal of concept selection is:
A.
B.
C.
D.
15.  Four methods of documenting interactions include:
A.
B.
C.
D.
16.  The produc planning process involves:
A.
B.
C.
D.
17.  A typical utility patents is issued for fifteen years:
A.
B.
Discuss this Question
18.  One of the criteria for evaluating fundamentally new product include; The fit with a competitor's capabilities
A.
B.
19.  Estimations of manufacturing, costs, production, volumes, and so forth are all a part of:
A.
B.
C.
D.
20.  Decision matrices rate:
A.
B.
C.
D.
21.  Barriers to competiton include; patents, trade secrets, governmental regulations
A.
B.
22.  What does watching for nonverbal information tell us?
A.
B.
C.
D.
23.  Raw material costs are not added to the processing costs for the operator and machinery:
A.
B.
24.  When a team lists the strengths and weaknesses of each concept it is known as:
25.  What are the three divisions that are primaril;y responsible for designing and developing products? (Please state the department and teh role in the development process)
26.  Test-prep kitchen meals were an example of:
A.
B.
C.
D.
27.  Raw data allows us to:
A.
B.
C.
D.
28.  Teams should judge the go-ahead on a project:
A.
B.
C.
D.
29.  Aggregate planning is NOT inclusive of projects that can be done in a reasonable time with budgeted resources:
A.
B.
30.  Concept selection is the process of:
31.  Which if these product development processes accurately describes the sequence of events in developing a new product?
A.
B.
C.
D.
32.  Custom component parts are specifically made by:
A.
B.
C.
D.
33.  If a prototype os not fully developed, it is called:
A.
B.
C.
34.  Raw materials, labor, and purchased components can all be contributed to:
A.
B.
C.
D.
35.  Stakeholders are NOT factors in developing your project plan:
A.
B.
36.  The summary of the invention points out:
37.  ATM's, Battery pace-makers, VCR's, and once-a-day medications are all examples of:
A.
B.
C.
D.
38.  It should not take more than five seconds to handle and insert a part that is perfectly suited for assembly:
A.
B.
39.  Which of these combines the richness of video and still images of a product simultaneously?
A.
B.
C.
40.  Production efficience can fail due to economies of scale
A.
B.
41.  When constructing a product development plan, one should:
A.
B.
C.
D.
42.  Three markets you can consider when developing your product plan are the: primary, secondary, and tertiary
A.
B.
43.  What types of quantitative statistical scale is generally used to intiiate responses in an order/ranking?
A.
B.
C.
D.
44.  The product planning process involves:
A.
B.
C.
D.
45.  Joint ventures and partnerships can often be suggested as a creative way of leveraging when one is unsure about the product success outcome:
A.
B.
46.  Labor, equipment, and tolling are all a part of:
A.
B.
C.
D.
47.  Entering a new market is often to rejuvinate a portfolio:
A.
B.
48.  Which of these accurately reflects the concept development process?
A.
B.
C.
D.
49.  What are the prefered methods of surveying?
A.
B.
C.
D.
E.
F.
G.
H.
I.
J.
K.
50.  Idntifying customer needs is an integral part of:
A.
B.
C.
D.
51.  What are two ineffective interaction techniques with customers you can utilize?
A.
B.
C.
D.
E.
52.  When adopter buy low end products and trade up it is known as: Segment readiness
A.
B.
53.  This format is best in facilitating ranking and sensitivity analysis:
A.
B.
C.
D.
54.  Product quality is reflected in the product price customers are willing to pay:
A.
B.
55.  Business partners assist in identifying opportunities
A.
B.
56.  DFM is also knowns as:
A.
B.
C.
D.
57.  Please explain in one - two paragraphs the overview of the DFM process (Makes ure to include specific information from your powerpoints):
58.  The timing of patent applications must be within:
A.
B.
C.
D.
59.  Which is true of the team developing the product?
A.
B.
C.
60.  New product development involves:
A.
B.
C.
D.
61.  Three guidelines for manufacturing parts include; facilitate parts handling, use self fastening parts, and stack assemblies
A.
B.
62.  Proper development and testing can prevent:
A.
B.
C.
D.
63.  What does surveying reflect?
A.
B.
C.
D.
64.  Competitive design allows for positive group decision making.
A.
B.
65.  When custom parts are singular, we:
A.
B.
C.
D.
66.  When you decide to communicate your concept, one tends to utilize:
A.
B.
C.
D.
67.  An injection mold is an example of an direct cost:
A.
B.
68.  The goal of identifying customer needs is to:
A.
B.
C.
D.
69.  In which order do we perform these tasks:
A.
B.
C.
70.  The sooner the product is brought to the market the better, even if quality is sacrificed. We can always improve it.
A.
B.
71.  Matching the survey format is a part of which process?
A.
B.
C.
D.
72.  When you interpret the results and reflection process, you should:
A.
B.
C.
D.
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