Exam 5: Design of Goods and Services

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Identify the methods of service design that can increase service efficiency and limit customer interaction.

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The enhancement of existing products is an external product development strategy.

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The moment-of-truth is the crucial moment between the service provider and the customer that exemplifies,enhances,or detracts from the customer's expectations.

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The analysis tool that lists products in descending order of their individual dollar contribution to the firm is:

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What technology "builds" products by laying down successive thin layers of plastic,metal,glass,or ceramics?

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According to PCN analysis,firms intending to provide a value offering that focuses on customization should be positioned more toward the consumer's process domain.

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3M's goal is to produce 30% of its profit from products introduced in the last 4 years.

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Relatively few new product ideas,perhaps only 1 in 250,become successfully marketed products.

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What type of analysis focuses on the ways in which processes can be designed to optimize interaction between firms and their customers?

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Provide some examples of recent product changes,i.e.new products that are replacing older ones.

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Products or services designed in easily segmented components are known as ________ designs.

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A result of concurrent engineering in product design is:

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A work order is a list of the hierarchy of components,their description,and the quantity of each required to make one unit of the product.

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An assembly drawing lists the operations necessary to produce the component.

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The objective of the product decision is to develop and implement a product strategy that meets the demands of the marketplace with a competitive advantage.

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Product strategy may focus on developing a competitive advantage via differentiation,low cost,rapid response,or a combination of these.

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Identify at least three general benefits derived from CAD.

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An assembly chart:

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