Erika Joy L.

Aquino
BSA – II
Quiz 4.22.2020
Give the 4 Critical success factors at the design stage:
1. Reduced time-to-market
2. Reduced expected service costs
3. Improve ease-of-manufacture
4. Process planning and design
Give the 4 phases of Sales Life Cycle
5. Phase 1: Product Introduction
6. Phase 2: Growth
7. Phase 3: Maturity
8. Phase 4: Decline
Give the 5 Steps in Implementing a Target Cost Approach
9. Determine the market price.
10. Determine the desired profit
11. Calculate the target cost at market price less desired profit.
12. Use value engineering to identify ways to reduce product cost.
13. Use kaizen costing and operational control to further reduce costs.
Give the 5 Steps in Theory of Constraints Analysis
14. Identify the Binding Constraint(s)
15. Determine the Most Efficient Utilization for Each Binding Constraint
16. Manage the Flows Through the Binding Constraint
17. Add Capacity to the Constraint
18. Redesign the Manufacturing Process for Flexibility and Fast Cycle Time
II. Fill in the blanks (Answer only)
1. Basic Engineering
2. Templating
3. Slow
4. Continuous
5. Depends on desired complexity and functionality; should be relatively low
6. Modest
7. Significant
8. Sales Life Cycle
9. Growth and sales
10. Withdrawal from the market
11. Target Costing
12. Product or service
13. Desired profit
14. Theory of Constraints
15. Constraint
16. Making of products