The Decreasing Options Technique (DOT)

question 94

Multiple Choice

The Decreasing Options Technique (DOT)

• A) helps groups reduce and refine a large number of suggestions and ideas into a manageable set of options.
• B) follows a practical set of steps that begins with the problem itself and then moves to a systematic consideration of possible solutions and their implementation.
• C) is a simple method for generating as many ideas as possible in a short period of time.
• D) is a process for reaching consensus.
• E) is designed to help groups avoid or reduce the chance of groupthink.

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Definitions:

Total Cost of Ownership

An estimate of all direct and indirect costs associated with acquiring, operating, and maintaining a product or system over its entire lifecycle.

Learning Curve

A concept indicating that the more often a task is performed, the lower the cost of doing it will become, due to increased efficiency and familiarity with the process.

Activity-Based Costing

A costing methodology that assigns costs to products and services based on the resources they consume, aiming for more accurate product costing and profitability analysis.

Nonvalue-Adding Activities

Tasks or processes that consume resources but do not add value or contribute to the customer's satisfaction or product's final worth.