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SCM Exam 3 with accurate detailed solutions
|| || || || || ||
Regarding 'product design', development time is ________. In fact, 30% of revenues and
|| || || || || || || || || || || || ||
profits come from _________. - ✔✔decreasing ; products introduced in the last 5 years.
|| || || || || || || || || || || || || ||
(There's great profitability being the first company to market something. There's also
|| || || || || || || || || || || ||
pressure to produce quicker.) || || ||
The operations and supply chain perspective on product design will usually center on six
|| || || || || || || || || || || || || ||
dimensions: - ✔✔1. Repeatability || || ||
2. Testability
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3. Serviceability
||
4. Product Volumes
|| ||
5. Product Costs
|| ||
6. Match between the design and existing capabilities (Match w/ existing capabilities)
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Repeatability? - ✔✔Can I replicate the product at a high volume? || || || || || || || || || ||
- consistent product.
|| ||
- "robustness" built into product for replication purposes.
|| || || || || || ||
Testability? - ✔✔Ease with which a component can be tested in production (so if something
|| || || || || || || || || || || || || ||
goes wrong, it can be fixed prior to mass producing).
|| || || || || || || || || ||
- non value activity ; easy and inexpensive to do
|| || || || || || || || ||
Serviceability? - ✔✔EASE OF REPAIR, service, and evaluation. (Critical for products expected
|| || || || || || || || || || || ||
to be serviced or repaired such as automobiles.)
|| || || || || || ||
, 2
Product Volumes & Costs determine _______, ______, and ________. - ✔✔- process
|| || || || || || || || || || || ||
strategies (equipment, automation, staffing required)
|| || || ||
- level of customization (ex. Coldstone or Honda and fog lights)
|| || || || || || || || || ||
- level of after sales support
|| || || || ||
What are 'Hidden' Costs? - ✔✔- number of parts in a product
|| || || || || || || || || || ||
- engineering changes (which affect the entire supply chain)
|| || || || || || || ||
- transportation costs
|| ||
Engineering Costs (hidden) affect the entire supply. An example of this? - ✔✔A
|| || || || || || || || || || || || ||
manufacturer of washer machines, which have been on the market for a year, wants to
|| || || || || || || || || || || || || || ||
make a change to a part.
|| || || || ||
Why are transportation costs a type of hidden costs? - ✔✔They are important regarding
|| || || || || || || || || || || || || ||
logistics. Size, shape, weight, etc. of a product affect the cost of transporting it. (Things that
|| || || || || || || || || || || || || || || ||
fit in standard containers are more cost efficient as opposed to oddly shaped parts.)
|| || || || || || || || || || || || ||
How are the number of parts in a product a hidden cost? - ✔✔For example, if a company
|| || || || || || || || || || || || || || || || || ||
takes a washer machine off the market, it must still stock the parts for years to come.
|| || || || || || || || || || || || || || || || ||
(More procedures required; increased handling, tracking, etc.)
|| || || || || ||
"Match with Existing Capabilities" is important. Why? 1. _____ 2. _____. - ✔✔1. Product
|| || || || || || || || || || || || || ||
design flexibility ||
- can features and upgrades be added easily? ex. PCs.
|| || || || || || || || ||
2. Process flexibility
|| ||
- share processes/parts ; will upgrades make current operation obsolete? ex. Today making
|| || || || || || || || || || || || ||
net-book, tomorrow want to make macbook. Can I use same processes?
|| || || || || || || || || ||
SCM Exam 3 with accurate detailed solutions
|| || || || || ||
Regarding 'product design', development time is ________. In fact, 30% of revenues and
|| || || || || || || || || || || || ||
profits come from _________. - ✔✔decreasing ; products introduced in the last 5 years.
|| || || || || || || || || || || || || ||
(There's great profitability being the first company to market something. There's also
|| || || || || || || || || || || ||
pressure to produce quicker.) || || ||
The operations and supply chain perspective on product design will usually center on six
|| || || || || || || || || || || || || ||
dimensions: - ✔✔1. Repeatability || || ||
2. Testability
||
3. Serviceability
||
4. Product Volumes
|| ||
5. Product Costs
|| ||
6. Match between the design and existing capabilities (Match w/ existing capabilities)
|| || || || || || || || || || ||
Repeatability? - ✔✔Can I replicate the product at a high volume? || || || || || || || || || ||
- consistent product.
|| ||
- "robustness" built into product for replication purposes.
|| || || || || || ||
Testability? - ✔✔Ease with which a component can be tested in production (so if something
|| || || || || || || || || || || || || ||
goes wrong, it can be fixed prior to mass producing).
|| || || || || || || || || ||
- non value activity ; easy and inexpensive to do
|| || || || || || || || ||
Serviceability? - ✔✔EASE OF REPAIR, service, and evaluation. (Critical for products expected
|| || || || || || || || || || || ||
to be serviced or repaired such as automobiles.)
|| || || || || || ||
, 2
Product Volumes & Costs determine _______, ______, and ________. - ✔✔- process
|| || || || || || || || || || || ||
strategies (equipment, automation, staffing required)
|| || || ||
- level of customization (ex. Coldstone or Honda and fog lights)
|| || || || || || || || || ||
- level of after sales support
|| || || || ||
What are 'Hidden' Costs? - ✔✔- number of parts in a product
|| || || || || || || || || || ||
- engineering changes (which affect the entire supply chain)
|| || || || || || || ||
- transportation costs
|| ||
Engineering Costs (hidden) affect the entire supply. An example of this? - ✔✔A
|| || || || || || || || || || || || ||
manufacturer of washer machines, which have been on the market for a year, wants to
|| || || || || || || || || || || || || || ||
make a change to a part.
|| || || || ||
Why are transportation costs a type of hidden costs? - ✔✔They are important regarding
|| || || || || || || || || || || || || ||
logistics. Size, shape, weight, etc. of a product affect the cost of transporting it. (Things that
|| || || || || || || || || || || || || || || ||
fit in standard containers are more cost efficient as opposed to oddly shaped parts.)
|| || || || || || || || || || || || ||
How are the number of parts in a product a hidden cost? - ✔✔For example, if a company
|| || || || || || || || || || || || || || || || || ||
takes a washer machine off the market, it must still stock the parts for years to come.
|| || || || || || || || || || || || || || || || ||
(More procedures required; increased handling, tracking, etc.)
|| || || || || ||
"Match with Existing Capabilities" is important. Why? 1. _____ 2. _____. - ✔✔1. Product
|| || || || || || || || || || || || || ||
design flexibility ||
- can features and upgrades be added easily? ex. PCs.
|| || || || || || || || ||
2. Process flexibility
|| ||
- share processes/parts ; will upgrades make current operation obsolete? ex. Today making
|| || || || || || || || || || || || ||
net-book, tomorrow want to make macbook. Can I use same processes?
|| || || || || || || || || ||
