NPTEL Product Design and Development Week 1 Assignment Answers 2024
1. Organizations require to design the new products to be in business for a long time.
- True
- False
Answer :- a
2. Which of the following is (are) the characteristic(s) of successful product development?
- Product quality
- Development capability
- Product and development cost
- All of the above
Answer :- d
3. Which phase follows GROWTH phase of product life cycle?
- Introduction
- Maturity
- Decline
- None of the above
Answer :- For Answers Click Here
4. The decision to phase out the weak products from the market is undertaken in the Decline phase of product life cycle.
- True
- False
Answer :- For Answers Click Here
5. During SWOT analysis of a product, which of the following option(s) belong(s) to the ‘THREATS’ factor?
- Changing customer needs/tastes
- Economic downturn
- Under-trained employees
- Superior management talent
Answer :-
6. Product policy is not only concerned with the product, but also with the functions the product fulfills.
- True
- False
Answer :-
7. Choose the CORRECT statement(s) in context to the objectives of product design.
- Ensure growth of the organization.
- Meet new requirements of the customers.
- Increase the company’s market share and target new market segment.
- All of the above
Answer :- For Answers Click Here
8. Which product design step collects feedback during actual working of the new product?
- Basic engineering
- Manufacturing
- Operation
- Product development
Answer :-
9. ____________ is an important tool used in economic analysis of product analysis to determine the point at which a company’s total revenue equals its total costs, resulting in a net profit of zero.
- Profit consideration
- Break-even analysis
- Sensitivity analysis
- None of the above
Answer :-
10. Select the correct sequence of steps followed during product design process.
- Synthesis → Sketching → Selection → Analysis → Basic Engineering → Detail Design → Manufacturing → Prototype → Operation → Product Development
- Synthesis → Sketching → Analysis → Selection → Basic Engineering → Detail Design → Prototype → Manufacturing → Operation → Product Development
- Sketching → Synthesis → Analysis → Basic Engineering → Selection → Operation → Detail Design → Prototype → Manufacturing → Product Development
- Sketching → Synthesis → Analysis → Selection → Basic Engineering → Detail Design → Prototype → Product Development → Manufacturing → Operation
Answer :- For Answers Click Here
