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Question: 4 Question 11 (1 point) Listen The three major subdivisions of the product decision are cost, differentiation, and speed of response. In which stage of the product life cycle should product strategy focus on process modifications?Many businesses find that the best strategy is to modify their product in the maturity stage to avoid entering the decline stage. Which of the following documents lists the operations necessary to produce the component?An assembly drawing lists the operations necessary to produce the component. What identifies components by a coding scheme that specifies size shape and type of processing?Group technology requires that: each component be identified by a coding scheme that specifies size, shape, and the type of processing. What are the three major elements of the product decision?The three major elements of the product decision are: Selection, definition, and design. Which of the following is true regarding value engineering quizlet?An assembly drawing lists the operations necessary to produce the component. Which of the following is a key marketing strategy of the growth phase of a product life cycle?Which of the following marketing strategies is appropriate for the growth stage of the product life cycle: d. Expanding the product line Which of the following is a characteristic of the maturity phase of the product life cycle quizlet?Which of the following is a characteristic of the maturity phase of the product lifeu200b cycle? Competitors are well established. What are the three primary ways to manage a product through its life cycle?First, they can modify the product itself by altering its characteristics, such as product quality, performance, or appearance. Second, they can modify the market by finding new customers for the product, increasing a product’s use among existing customers, or creating new use situations for the product. Which of the following documents lists the operations necessary to produce the component with the material specified in the bill of material?assembly drawing Which of the following documents lists the operations necessary to produce?An assembly drawing lists the operations necessary to produce the component. An assembly chart shows an exploded view of the product, usually a three-dimensional or isometric drawing. What information is contained in an assembly chart in a process sheet?An assembly chart is a model that shows how parts are fitted together, the order in which they are assembled, and an overall view of the product. This chart is great for seeing an overall view of the process. The assembly chart will list all of the major materials and components, operations, inspections and operations Which of the following shows in schematic form how a product is assembled quizlet?An assemblyu200b chart: shows graphically how the product is assembled. What identifies components by a coding scheme that specifies size shape and the type of processing such as size?Group technology requires that: each component be identified by a coding scheme that specifies size, shape, and the type of processing. What is a characteristic of the maturity phase of product lifecycle quizlet?The maturity stage of the product life cycle is characterized by a slowdown of sales growth and profit. Competitors are well-established and fewer new consumers enter the market. What technology builds products by laying down successive thin layers?assembly drawing What is the information technology to control machinery?3D printing or additive manufacturing is a process of making three dimensional solid objects from a digital file. The creation of a 3D printed object is achieved using additive processes. In an additive process an object is created by laying down successive layers of material until the object is created. What are the elements of the product decision?The main elements to consider are the production process itself, specifications, culture, the physical product, packaging, labelling, branding, warranty and service. What are types of product decision?4 Types of Product policy decision
What are the three strategic elements of product development?The three key elements to creating an effective product strategy are: market need, capabilities, and reputation. How many types of product decisions are there?Decisions about the product types There are two distinct levels at which such changes take place, namely: the product-mix level and u2022 the product-line level. Which of the following defines value engineering?Value engineering can be defined as an organized effort directed at analyzing designed building features, systems, equipment, and material selections for the purpose of achieving essential functions at the lowest life cycle cost consistent with required performance, quality, reliability, and safety. What is product by value analysis what type of decisions does it help managers make?A product-by-value analysis lists products in descending order of their individual dollar contribution to the firm, as well as the total annual dollar contribution of the product. It helps managers evaluate possible strategies for each product Which of the following is true concerning advantages of CAD?Which of the following is TRUE concerning advantages of CAD? It provides accurate information flows to other departments. Most product costs are determined at the design stage. Design options are easier to review before final commitments are made. Which of the following is one of marketing strategy during the growth stage in product life cycle?Marketing strategies used in the growth stage mainly aim to increase profits. Some of the common strategies to try are: improving product quality. adding new product features or support services to grow your market share. Which of the following documents list the operations necessary to produce the component with the material specified in the bill of material?An assembly drawing lists the operations necessary to produce the component.
Which of the following typically shows the dimensions tolerances materials and finishes of a component?The correct choice is (A) Engineering drawing. An engineering tool/technique used by organizations involved in manufacturing items that show the dimensions, tolerance, materials, and finishes of a component is an engineering drawing.
What is the information technology to control machinery?Computer-aided design (CAD) refers to the use of specialized computer programs to direct and control manufacturing equipment.
Which of the following is true regarding value engineering?Which of the following is true regarding value engineering? Value engineering is oriented toward improvement of design. Value engineering can save substantial amounts of product cost, but quality suffers.
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What identifies components by a coding scheme that specifies size shape and type of processing?
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