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