True of product differentiation

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Reference no: EM132174485

1. In a recent presentation by the management of Seas Inc., the presenters conducted a discussion with a pictorial chart on the cumulative units of production of the company and its correlation with the cost per unit of the product. Which of the following charts did the presenters of Seas discuss?

The learning curve

The experience curve

The scale curve

The value curve

2. Which of the following is true of product differentiation?

It is a matter of customer thought and perception.

It cannot occur when two companies use similar technologies.

It does not typically require higher costs.

It is independent of intangible features such as brand image and value.

3. Gauge R&R studies measure accuracy of a measurement system.

True

False

4. Process sigma can be determined from the Cpk value or from the Defects Per Million Opportunities measure.

True

False

Reference no: EM132174485

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