Which of the following is NOT a characteristic of successful product development?

• High product quality

• Short development time

• High development cost

• Customer satisfaction

What is the primary challenge in product development?

• Reducing production cost

• Meeting customer needs within constraints

• Eliminating design iterations

• Avoiding team collaboration

Which of the following is the first phase in a generic product development process?

• Concept development

• System-level design

• Opportunity identification

• Testing and refinement

The opportunity identification process is crucial because it helps in:

• Identifying customer problems

• Reducing product weight

• Minimizing cost only

• Finalizing the product design

A structured approach to product development is important because it:

• Reduces the number of people needed for development

• Ensures efficient decision-making

• Guarantees zero product failures

• Eliminates the need for testing

What is the main purpose of identifying customer needs in product development?

• To reduce manufacturing complexity

• To ensure the product is feasible for production

• To create specifications that satisfy the target market

• To determine the price of the product

Establishing product specifications occurs after:

• Market research

• Concept generation

• Identifying customer needs

• Prototyping

Product specifications are important because they:

• Determine the materials used

• Define measurable product characteristics

• Help in marketing strategies

• Ensure the lowest cost

When developing product specifications, a key factor to consider is:

• Only the technical feasibility

• The weight of the final product

• Customer requirements and constraints

• The latest market trend

A case study on a mountain bike with a suspension fork focuses on:

• Improving cost efficiency only

• Ensuring customer satisfaction by refining specifications

• Reducing the weight of the bike without affecting performance

• Enhancing production speed