CHAPTER 11

Product Development Process

CRITICAL QUESTIONS

After going through this chapter, you will be able to answer the following questions:

  • What are the strategic benefits of a good product development process?
  • What are the stages of the product development process?
  • What does concurrent engineering mean? Why should organizations make use of this concept?
  • What are the tools and techniques used by organizations in a product development process?
  • What does design for manufacturability (DFM) mean?
  • How do organizations handle mass customization requirements?
  • What are the performance measures used to assess the effectiveness of a product development initiative?
  • How does management accounting help the product development process?
  • What are the ...

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