Product Development
This term means the process of creating or improving a product or service.
Correct response:
What is product development
This is a form of production where raw and semifinished materials are processed and assembled into finished products.
“What is manufacturing?”
This process designs and builds a unique product to meet the specific needs of one purchaser.
“What is custom manufacturing?”
This factor includes planning the quantities of materials and supplies needed for production and finished products needed to fill orders.
“What is inventory management?”
This word describes the fact that services have no physical form and cannot be seen or examined before purchase.
“What is intangible or intangibility?”
This type of research is done without a specific product in mind, just to gain new knowledge.
What is pure research?
This assembly process produces a large number of identical products, often on a line.
“What is mass production?”
This term refers to using technology to produce customized products at a low cost per unit.
“What is mass customization?”
This planning process decides what jobs are required, how many people are needed, and what skills they should have.
“What is human resources planning?”
One key difference between services and products is that services usually cannot be stored as this.
“What is inventory?”
This type of research studies existing product problems or possible design improvements for current products.
What is applied research?
In this type of processing, raw materials constantly move through equipment that changes their form.
“What is continuous processing?”
This computer application allows engineers to design and test products before they are built.
What is computer-aided design or CAD?”
This scheduling process identifies the steps in manufacturing, the time required for each, and their sequence.
“What is production scheduling?”
This dimension of service quality is the ability to perform the promised service dependably and accurately.
“What is reliability?”
This group of people offers opinions about a product or service to help businesses improve it.
“What is a consumer panel?”
This type of production does the same thing over and over to produce a product and is a form of mass production.
“What is repetitive production?”
This concept means having all manufacturing systems designed and managed with computers.
“What is computer-integrated manufacturing?”
This process assures product quality by developing standards and measuring results against those standards.
“What is quality management?”
This dimension is the caring, individualized attention a business provides to its customers.
“What is empathy?”
One of the three main steps in product development is to turn the idea into this, so it can actually be made.
“What is a workable product design?”
This type of processing uses short production runs to make predetermined quantities of different products.
“What is intermittent processing?”
This person is responsible for a time-limited, specific business initiative such as a new product launch.
“Who is a project manager?”
Name two important factors managers must consider when choosing a location for a manufacturing business.
“What are any two of the following: availability of raw materials, transportation methods, supply and cost of energy and water, land and building costs, labor supply, location of customers, or economic and legal factors?”
This dimension is the knowledge and courtesy of employees and their ability to convey trust and confidence.
“What is assurance?”