1 the feasibility of a product or service is evaluated

Question

1. The feasibility of a product or service is evaluated during the:

• planning phase.
• evaluation phase.
• launch phase.
• concept development phase.

2. A firm's capacity can be limited by members of its supply chain.

• True 
• False

Question 3. 3. Which of the following statements about theoretical capacity is best?

• Theoretical capacity allows adjustments for preventive maintenance.
• Running a factory at this level for a short time is often better than permanently raising resource levels.
• Theoretical capacity levels are usually lower than rated capacity levels.
• Theoretical capacity levels take into account that machines occasionally break and that workers occasionally call in sick.

Question 4. 4. No manufacturing process can be best at everything.

• True 
• False

5. A manufacturing process decision affects:

• the type of workforce needed.
• the type of equipment needed.
• the type of products that can be made.
• All of the above are correct.

6. An expectation that a new building's foundation would be poured and cured by the end of the year is an example of a(n):

• activity.
• scope.
• milestone.
• precedence.

7. There are more resources required during the performance phase of a project than the project definition phase.

• True
•  False

8. The ease with which parts can be replaced or evaluated is:

• repeatability.
• serviceability.
• testability.
• functionality.

9. An example of a variable cost is:

• a payment to your raw materials supplier.
• a lease payment on a piece of equipment.
• a mortgage payment on buildings.
• a monthly licensing fee for a software package.

10. Product design refers to the development of physical products and intangible services.

• True
• False