Which product development process is more efficient

Assignment Help Operation Management
Reference no: EM132217927

This week's content has discussed cross-functional product development and process selection. You have read about how new product development is influenced by the design process and the design tools selected.

Two processes for product development were presented: the sequential process and the concurrent process. Each method has advantages and disadvantages that managers need to consider when developing a new product.

Recall that operations is responsible for supplying the product or service of the organization and, in order to most efficiently and effectively supply the product, operations managers need to understand the product development options.

Post a 250- to 300-word statement that addresses the following questions about the product development process options:

What steps in the sequential product development process are similar to the concurrent product development process? What steps are different?

Which product development process is more efficient and effective for developing products and services that are well aligned with market expectations and why?

Reference no: EM132217927

Questions Cloud

Communicating with people with difficult personalities : What are the effective ways of communicating with people with difficult personalities.
Identify what operations and supply chain should do : What are the internal strengths and weaknesses of BYD along with the external opportunities and threats (SWOT analysis)?
Prepare Schedule K for the current year : Mike contributed $110,000 cash, Alex contributed $110,000 cash, Prepare Schedule K for the current year from page 4 of Form 1065 and K-1 for Alex
Define all possible alternatives and states of nature : Develop payoffs of achieving a particular branch. Define all possible alternatives and states of nature.
Which product development process is more efficient : What steps in the sequential product development process are similar to the concurrent product development process? What steps are different?
Virtual value chain and physical value chain : Explain the key differences between the virtual value chain and a physical value chain.
Describe how your interpersonal skills can support : Developing relationships with suppliers and customers in a global environment requires a strong understanding of culture, expectations.
Calculate Cranberry regular income tax liability : If the current year is a calendar year ending on December 31, 2018, calculate Cranberry's regular income tax liability
How can data flow factors affect company security posture : Organizational Factors A. How can data flow factors affect the company’s security posture? Provide examples to support your claims.

Reviews

Write a Review

Operation Management Questions & Answers

  Describe four different types of auctions

What frequently makes the difference between profitable and unprofitable online businesses today? List and describe four different types of auctions.

  Calculate the amount of net income reported

Grant, Inc. acquired 40% of South Company's common stock for $200,000 on January 1, 2014. In its 2014 cash flow statement, Grant, Inc. reported an operating cash inflow related to its investment in South Company of $6,800. Calculate the amount of net..

  Question regarding the agenda for team meeting

Write a memo to attach to the agenda for a team meeting. State the issues you know of.

  What is exponential smoothing forecast made at end of week

Observed weekly sales of screwdrivers at city hardware store over 8 weeks period have been 20, 15, 35, 30, 40, 20, 25 and 30. Determine the one step ahead forecast for weeks 4 through 8, assuming that the three week moving averages are used to foreca..

  Demonstrate understanding of issues in discussion thread

Demonstrate your understanding of the issues in this discussion thread.

  One company that fits each of the business level strategies

Within one industry, identify one company that fits each of the Business Level strategies

  Likely derived from hellenistic traditions

Statues of men during this period can be divided between those that are idealizing and those that are realistic. The realistic ones, likely derived from Hellenistic traditions, were identified how?

  Increasingly pressing for international community to deal

In light of your global perspective, which specific global issue do you think is increasingly pressing for the international community to deal with?

  What is the role of budgets and resource allocation

What is the role of budgets and resource allocation in successfully implementing and executing strategy? Why does a company's budget need to be closely linked to the needs of good strategy execution?

  Exemplifies the characteristic post-modern style

Choose one (1) example of architecture that you believe best exemplifies the characteristic post-modern style.

  What is the medicaid expansion program

How the decision to participate in the expansion program affects, quality and health care costs for providers. Describe the pros and cons.

  The milk he needs on monthly basis for his ice cream factory

Ben wants to buy the milk he needs on a monthly basis for his ice cream factory. Jerry owns a dairy farm and offers to sell Ben four thousand gallons of milk per month for $1 per gallon. Jerry tells Ben that the offer will be held open for two weeks...

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd