Operations Management
17th Edition
ISBN: 9781259142208
Author: CACHON, Gérard, Terwiesch, Christian
Publisher: Mcgraw-hill Education,
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Chapter 20, Problem 16CQ
Summary Introduction
To Determine: The purpose of building a minimum viable product.
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It is the last stage of the new product development which prepares the new product into being introduced to the market.
MaturityIntroductionCommercializationGrowthAll Choices are Incorrect
Which of the following statements best describes the idea of a minimum viable product?a. A prototype of a new product or service that tests the technical feasibility of the product.b. A prototype of the new production facility or service delivery organization that determines if the product or service can be produced economically at scale.c. A prototype of a new product or service that allows the team to collect the maximumamount of learning with the least amount of effort.d. None of these statements is correct.
TERM PAPER TITLE: Difference Between Quality Control and Quality Assurance
So, this is what I need:
>ANALYSIS AND INTERPRETATION
150 words or more. No PLAGIARISM please.
Chapter 20 Solutions
Operations Management
Ch. 20 - Prob. 1CQCh. 20 - Prob. 2CQCh. 20 - Prob. 3CQCh. 20 - Prob. 4CQCh. 20 - Prob. 5CQCh. 20 - The Kano model classifies needs into three...Ch. 20 - Prob. 7CQCh. 20 - Prob. 8CQCh. 20 - Prob. 9CQCh. 20 - Prob. 10CQ
Ch. 20 - Prob. 11CQCh. 20 - Prob. 12CQCh. 20 - Prob. 13CQCh. 20 - Prob. 14CQCh. 20 - Prob. 15CQCh. 20 - Prob. 16CQCh. 20 - Prob. 17CQCh. 20 - Prob. 18CQCh. 20 - Prob. 19CQCh. 20 - Prob. 1PACh. 20 - Prob. 2PACh. 20 - Prob. 3PACh. 20 - Prob. 4PACh. 20 - Prob. 5PACh. 20 - Prob. 6PACh. 20 - Prob. 7PACh. 20 - Prob. 1CCh. 20 - Prob. 2CCh. 20 - Prob. 3C
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- TERM PAPER TITLE: Difference Between Quality Control and Quality Assurance So, this is what I need: >RECOMMENDATIONS 150 words or more. No PLAGIARISM please.arrow_forwardConsider the following additional information – R&D and selling expenses are substantially higher for Zderm because it is a new product. Jim has strongly supported development of the new product, including the high selling and R&D expenses. He has assured the Board of Directors that the Zderminvestment will pay off in improved profits for the firm. Discuss the ethical issues, if any, facing Jim as he reports to top management on the profitability of the firm’s two products.arrow_forwardWhich of the following statements is correct as far as a service blueprint is concerned?a. A service blueprint helps in identifying the bottleneck.b. A service blueprint distinguishes between customer actions, onstage actions, backstage actions, and support processes.c. A service blueprint distinguishes between customer defects, onstage defects, backstage defects, and process capability.d. None of these statements is correct.arrow_forward
- You are the senior software engineer at a start-up company developing an exciting new product that will allow salespeople to generate and email sales quotes and customer invoices from their smartphones. Your company’s sales force has led a major corporation to believe your product will be available next week. Unfortunately, at this point, the software still contains quite a few bugs. The leader of the testing group has reported that all of the known bugs appear to be minor, but it will take another month of testing for his team to be confident the product contains no catastrophic errors. Because of the fierce competition in the smartphone software industry, it is critical that your company be “first to market.” To the best of your knowledge, a well-established company will release a similar product in a few weeks. If its product appears first, your start-up company will probably go out of business. Evaluate in: 1. A kantian perspective 2. an act utilitarian perspective. 3. a rule…arrow_forwardWhich of following is correct? (a)The value chain explains why an entity has a competitive advantage; (b) The value chain examines how an organisation has a competitive advantage; (c)It provides answers on how an organisation elects to compete; (d) It helps an entity to determine the steps to be taken beat its rivals on pricearrow_forward‘Customer is king’. ‘Customers are always right’. These are phrases that we hear all the time, and they are correct! As part of a condition for your promotion, you are tasked to advise the design team on how they can better focus on customers for the design of the new boots product line. In your advice, touch on why customers are important in design of goods and services, how the team can better engage them / focus on them during design of goods and services. explain 6arrow_forward
- Which of the following statements is true about total quality management? A. Using total quality management, companies design products or services to meet customer needs and wants, and to minimize innovation. B. Defect rates would be high in a total quality management environment as managers want only products of the highest quality to reach the customers. C. In total quality management, every person in the value chain is responsible for delivering products and services that exceed customers’ expectations. D. Total quality management is a strategy that integrates people and technology in all business functions to deepen relationships with customers, partners, and distributors.arrow_forwardTick or Circle the most appropriate response Innovation is A concept that analyses production, distribution and consumption of goods The creation of better or more effective products, processes, technology or ideas ü A computerized method of designing better products An engineering process which is cost-effective Which of the following statements is not correct? When variation is found between actual performance and required objective, managers take action KPI does mean Key performance indicator Choosing a right performance indicator is often a challenge for Managers Non-statistical method is easy way to measure and compare performances Organizational culture can affect all components except: Work practices Value of time Availability of raw material Relationships between staff and management Managers need to examine internal and external factors for risk management. External factors for risk may include all except, The economic environment Competitor’s activity…arrow_forwardMatch the following product types to the appropriate product development description.Technology-pushproducts A. Entail unusually large uncertainties about the technology or market. The development process takes steps to address those uncertainties.Platform products B. A firm with a new proprietary technology seeks out a market where that technology can be applied.Process-intensive products C. Uses a repeated prototyping cycle. Results from one cycle are used to modify priorities in the ensuing cycle.High-risk products D. The production process has an impact on the product properties. Therefore, product design and process design cannot be separated.Quick-build products E. Products are designed and built around a preexisting technological subsystem.arrow_forward
- Which of the following best completes this sentence? The goal of quality control is to create defect-free products through activities such as testing. In contrast, quality assurance focuses on … a) Collecting metrics to help management monitor of the effectiveness of test and development activities. b) Selecting the development methodology and managing the development life cycle. c) The establishment and company templates, guidelines and standards. d) The software development process, not the software products being developed. e) Ensuring customer satisfaction by providing support for users and being responsive to user feedback.arrow_forwardTERM PAPER TITLE: Difference Between Quality Control and Quality Assurance So, this is what I need: >FINDINGS 150 words or more. No PLAGIARISM please.arrow_forwardWhile overseeing a construction project, you discovered that one of the team members, on her own initiative, added extra windows to increase air circulation and light in the basement. The original plan did not include the cost of these extra windows, but the team member thought they were absolutely required due to poor air circulation and low light in the basement. This is an example of which of the following? O a. Exceeding customer expectations O b. Creative team member O c. Creating customer value O d. Scope creep O Oarrow_forward
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