Product Design

Question 1

Feasibility Study includes:

Answer 1

Market, Economic, Technical, & Strategic Analysis

Question 2

Market Analysis

Answer 2

Is there sufficient demand?

Question 3

Economic Analysis

Answer 3

Estimated costs vs. estimated revenues

Question 4

Technical Analysis

Answer 4

Compatible with our capabilities?

Question 5

Strategic Analysis

Answer 5

Compatible with competitive strategy?

Question 6

Which approach to product design is known to be time consuming & happened before the quality revolution?

Answer 6

Sequential Design Approach

Question 7

Cost-Plus Pricing

Answer 7

Cost+Profit=Price

*Can be more than what customers are willing to pay.

Question 8

Which approach to product design involves everyone working together?

Answer 8

Concurrent Design Approach

Question 9

Price-Minus Pricing

Answer 9

Price-Profit=Target Cost

Question 10

Functional Design

Answer 10

*How the product will perform

Question 11

Maintainability

Answer 11

*ease of maintenance

Question 12

Usability

Answer 12

*how easy product is to use

Question 13

Reliability

Answer 13

*probability that the product will perform its intended function for the specified time

Question 14

Reliability Function

Answer 14

R(t)= (# of surviving to time)/(total # of products)

R(t)=1-Q

Question 15

Probability of Failure Function

Answer 15

Q(t)= (# that have failed before time)/(total number of products)
Q(t)=1-R

Question 16

Reliability of System Function: Components in Series

Answer 16

R(system)=(Ra)(Rb)

Question 17

Reliability of System Function: Components in Parallel

Answer 17

R(system)=Ra+(1-Ra)(Rb)

Question 18

Overall reliability of system _______ when systems are in parallel.

Answer 18

Increase

Question 19

Overall reliability of systems _______ when components are in a series.

Answer 19

Decrease