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OM 300 Exam 2-Chillcut Questions and Correct Detailed Answers Latest Edition

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OM 300 Exam 2-Chillcut Questions and Correct Detailed Answers Latest Edition

Institution
OM 300-Chillcut
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Institution
OM 300-Chillcut
Module
OM 300-Chillcut

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Uploaded on
July 3, 2025
Number of pages
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Written in
2024/2025
Type
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OM 300 Exam 2-Chillcut Questions and
Correct Detailed Answers Latest Edition

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

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