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Mkt380q - New Product Development - Final Exam

72 Questions  I  By Sjl7399
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MKT380Q - New Product Development - FINAL EXAM
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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Question Excerpt

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