GMS midterm Flashcards
Product Decision
The selection, definition, and design of products.
Product-by-value analysis
in descending order of their
individual dollar contribution to the firm,
GENERATING NEW
PRODUCTS
selection, definition, and design.
Changes
in product opportunities, the products themselves, product volume, and product
mix may arise due to understanding the customer, economic change, sociological
and demographic change, technological change, political/legal change, market
practice, professional standards, suppliers, or distributors.
Quality function deployment (QFD)
determining customer
requirements and translating them into attributes
j House of quality
utilizes
a planning matrix to relate customer wants to how the firm is going to meet
those wants.
Product development teams
moving from market
requirements for a product to achieving product success.
j Concurrent engineering
Simultaneous performance of the various stages of
product development.
Manufacturability and value engineering
improve a
product’s design, production, maintainability, and use.
Robust design
can be produced to requirements even with
unfavorable conditions
Modular design
components of a product are
subdivided into modules that are easily interchanged or replaced.
Computer-aided design (CAD)
Interaction with computers
Design for manufacture and assembly (DFMA)
(DFMA)—Software that allows designers
to look at the effect of design on manufacturing of a product.
Standard for the exchange of product data (STEP)
a
format allowing the electronic transmission of three-dimensional data.
Computer-aided manufacturing (CAM)
use of information technology to
control machinery.
Additive manufacturing (also called 3D printing)
builds products by adding material layer upon layer.
Augmented reality
The integration of digital information with the user’s envi-ronment
Value analysis
review of successful products that takes place during the
production process.
Internal development strategies
(1) new internally developed products,
(2) enhancements to existing products, and (3) migrations of existing products.
Engineering drawing
drawing that shows the dimensions, tolerances,
materials, and finishes of a component.
*Defines a product
Bill of materials
the materials
quantity of each required to make one unit of a product.