Understanding a the evolution of a product, from introduction to maturity, is known as:
A) Cycle time management
B) Concurrent engineering
C) Remanufacturing
D) Design for manufacturing
E) Product life cycle management

Question

Quizplus · Accepted Answer

The description provided matches the concept of the product life cycle management, which involves understanding the different stages involved in a product's evolution, from introduction to maturity, and adapting strategies to meet each stage's needs. Choice A is about managing the time required to complete a cycle, choice B is about involving multiple teams and disciplines simultaneous in design and development, choice C is about refurbishing or repairing an existing product, and choice D is about designing a product with the manufacturing process in mind.

Understanding a the Evolution of a Product, from Introduction to Maturity