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