The Time Elapsed from Project Initiation to Product Launch,usually Measured

question 18

Multiple Choice

The time elapsed from project initiation to product launch,usually measured in months or years,is referred to as _____.

• A) diffusion of innovation time
• B) technology trajectory
• C) development cycle time
• D) the Six Sigma period

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Definitions:

Just-In-Time (JIT)

Continuous and forced problem solving via a focus on throughput and reduced inventory.

Inventory

A company's stock of goods, materials, and products held to fulfill future sales or production needs.

Product-Based Definition

Characterization of a product strictly in terms of its physical attributes and features.

Poka-Yoke

Literally translated, “foolproof”; it has come to mean a device or technique that ensures the production of a good unit every time.