OM 300 COMPREHENSIVE EXAMINATION
TEST COMPLETE QUESTIONS WITH
ACCURATE SOLUTIONS
●● Introductory Phase
Answer: Fine tuning may warrant unusual expenses for Research,
Product development, Process modification and
enhancement, & Supplier development
●● Growth Phase
Answer: Product design begins to stabilize, Effective forecasting of
capacity becomes necessary, Adding or enhancing capacity may be
necessary
●● Maturity Phase
Answer: Competitors now established, High volume, innovative
production may be needed, Improved cost control, reduction in options,
paring down of product line
●● Decline Phase
Answer: Unless product makes a special contribution to the
organization, must plan to terminate offering
,●● Product Development
Answer: Traditional, A Champion, Team Approach, Japanese "Whole
organization" approach, Product Development Teams, Concurrent
Engineering
●● Traditional Product Development
Answer: distinct departments
Duties and responsibilities are defined
Difficult to foster forward thinking
●● A Champion Product Development
Answer: Product manager drives the product through the product
development system and related organizations
●● Team Approach Product Development
Answer: - representatives from all disciplines or functions
Product development teams, design for manufacturability teams, value
engineering teams
●● Japanese "Whole organizing" Approach
Answer: No organizational divisions
●● Product Development teams
, Answer: design for manufacturability teams, value engineering teams
●● Concurrent Engineering Product Development
Answer:
●● House of Quality
Answer: 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
Answer: 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
Answer: Alliances
Joint ventures
Purchase technology or expertise
by acquiring the developer
●● Internal Development Strategies
Answer: Migrations of existing products
TEST COMPLETE QUESTIONS WITH
ACCURATE SOLUTIONS
●● Introductory Phase
Answer: Fine tuning may warrant unusual expenses for Research,
Product development, Process modification and
enhancement, & Supplier development
●● Growth Phase
Answer: Product design begins to stabilize, Effective forecasting of
capacity becomes necessary, Adding or enhancing capacity may be
necessary
●● Maturity Phase
Answer: Competitors now established, High volume, innovative
production may be needed, Improved cost control, reduction in options,
paring down of product line
●● Decline Phase
Answer: Unless product makes a special contribution to the
organization, must plan to terminate offering
,●● Product Development
Answer: Traditional, A Champion, Team Approach, Japanese "Whole
organization" approach, Product Development Teams, Concurrent
Engineering
●● Traditional Product Development
Answer: distinct departments
Duties and responsibilities are defined
Difficult to foster forward thinking
●● A Champion Product Development
Answer: Product manager drives the product through the product
development system and related organizations
●● Team Approach Product Development
Answer: - representatives from all disciplines or functions
Product development teams, design for manufacturability teams, value
engineering teams
●● Japanese "Whole organizing" Approach
Answer: No organizational divisions
●● Product Development teams
, Answer: design for manufacturability teams, value engineering teams
●● Concurrent Engineering Product Development
Answer:
●● House of Quality
Answer: 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
Answer: 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
Answer: Alliances
Joint ventures
Purchase technology or expertise
by acquiring the developer
●● Internal Development Strategies
Answer: Migrations of existing products
