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Exam (elaborations)

OM 300 Exam 2 Chillcut Questions And Answers With Real Tests

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  • Course
  • OM 300
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  • OM 300

OM 300 Exam 2 Chillcut Questions And Answers With Real Tests Product Life Cycle ANS 1. Introductory Phase 2. Growth Phase 3. Maturity Phase 4. Decline Phase Introductory Phase ANS Fine tuning may warrant unusual expenses for Research, Product development, Process modification and enhancem...

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  • September 1, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • om 300 exam 2 chillcut
  • OM 300
  • OM 300
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OM 300 Exam 2 Chillcut Questions And Answers
With Real Tests
Product Life Cycle ANS 1. Introductory Phase

2. Growth Phase

3. Maturity Phase

4. Decline Phase



Introductory Phase ANS Fine tuning may warrant unusual expenses for Research, Product development, Process
modification and

enhancement, & Supplier development



Growth Phase ANS Product design begins to stabilize, Effective forecasting of capacity becomes necessary,
Adding or enhancing capacity may be necessary



Maturity Phase ANS Competitors now established, High volume, innovative production may be needed,
Improved cost control, reduction in options, paring down of product line



Decline Phase ANS Unless product makes a special contribution to the organization, must plan to terminate
offering



Product Development ANS Traditional, A Champion, Team Approach, Japanese "Whole organization" approach,
Product Development Teams, Concurrent Engineering



Traditional Product Development ANS distinct departments

Duties and responsibilities are defined

Difficult to foster forward thinking



A Champion Product Development ANS Product manager drives the product through the product development
system and related organizations



Team Approach Product Development ANS - representatives from all disciplines or functions

Product development teams, design for manufacturability teams, value engineering teams

, Japanese "Whole organizing" Approach ANS No organizational divisions



Product Development teams ANS design for manufacturability teams, value engineering teams



Concurrent Engineering Product Development ANS



House of Quality ANS Utilize a planning matrix to relate customer wants to how the firm is going to meet those
wants



Time-based competition is implemented by OM ANS Product life cycles are becoming shorter and the rate of
technological change is increasing

Developing new products faster can result in a competitive advantage

Time-Based Competition



External Development Strategies ANS Alliances

Joint ventures

Purchase technology or expertise

by acquiring the developer



Internal Development Strategies ANS Migrations of existing products

Enhancements to existing products

New internally developed products



Products ANS Tangible-

Intangible-



Services ANS



First ANS definition is in terms of functions

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