Marginal and ideal value regarding the product specification

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1. What is the difference between marginal and ideal value regarding the product specification?

2. What does the binary metric mean?

3. What is the BOM?

4. What is target costing?

5. What is an SOP process?

6. What is a black box model and function diagram?

7. What is the difference between FAST and SOP?

8. What is mind mapping?

9. What are a Myers-Briggs Type Indicators?

10.Suppose that the size of the market 1is 150,000 customers for a scooter. Out of 150,000 people, by active marketing you can reach 25% of the population. Upon surveying potential cus tomers, they indicate that 5% of the customers will definitely buy the product and 10% indicate that they will probably buy the product? What is the expected sales if you assume Cdefinitely=0.4, Cprobably=0.2?

11. What is the difference between modular and integral design?

12. In general, you expect higher performance in modular design as compared to integral design with everything else being equal? T/F?

13. Modular design promotes interoperability in general T/F?

14. What does incidental interaction means?

15. What is a survival curve? What is the significance?

Reference no: EM131479279

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