Unit 3 - Developing Products and Services Flashcards

1
Q

Black Box Design

A

A situation in which suppliers are provided with general requirements and are asked to fill in the technical specifications.

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2
Q

Commercial Preparation Phase

A

The fourth phase of a product development effort. At this stage, firms start to invest heavily in the operations and supply chain resources needed to support the new product or service.

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3
Q

Concept Development Phase

A

The first phase of a product development effort. Here a company identifies ideas for new or revised products and services.

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4
Q

Concurrent Engineering

A

An alternative to sequential development in which activities in different development stages are allowed to overlap with one another, thereby shortening the total development time.

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5
Q

Design and Development Phase

A

The third phase of a product development effort. Here the company starts to invest heavily in the development effort and builds and evaluates prototypes.

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6
Q

Engineering Change

A

A revision to a drawing or design released by engineering to modify or correct a part.

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7
Q

Gray Box Design

A

A situation in which a supplier works with a customer to jointly design the product.

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8
Q

Launch Phase

A

The final phase of a product development effort. For physical products, this usually means “filling up” the supply chain with products. For services, it can mean making the service broadly available to the target marketplace.

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9
Q

Modular Architecture (modularity)

A

A product architecture in which each functional element maps into its own physical chunk. Different chunks perform different functions; the interactions between the chunks are minimal, and they are generally well defined.

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10
Q

Parts standardization

A

The planned elimination of superficial, accidental, and deliberate differences between similar parts in the interest of reducing part and supplier proliferation.

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11
Q

Planning phase

A

The second phase of a product development effort. Here the company begins to address the feasibility of a product or service.

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12
Q

Presourcing

A

The process of preapproving suppliers for specific commodities or parts.

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13
Q

Product development process

A

According to the PDMA, “the overall process of strategy, organization, concept generation, product and marketing plan creation and evaluation, and commercialization of a new product.”

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14
Q

Robust design (repeatability)

A

According to the PDMA, “the design of products to be less sensitive to variations, including manufacturing variation and misuse, increasing the probability that they will perform as intended.”

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15
Q

Sequential development process

A

A process in which a product or service idea must clear specific hurdles before it can go on to the next development phase.

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16
Q

Serviceability

A

The ease with which parts can be replaced, serviced, or evaluated.

17
Q

Target costing

A

The process of designing a product to meet a specific cost objective.

18
Q

Testability

A

The ease with which critical components or functions can be tested during production.

19
Q

Value Analysis

A

A process that involves examining all elements of a component, an assembly, an end product, or a service to make sure it fulfills its intended function at the lowest total cost.