What Is a Product Platform

question 14

Multiple Choice

What is a product platform?

• A) A subsystem, module, or process which is used in more than one product, system or service
• B) Common themes found in products over a product line
• C) The performance level of a product, such as the base acceleration of a car
• D) Tools used for the R&D in developing a new product

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Definitions:

Labor Market

The supply and demand for labor, where workers seek employment and employers look for workers.

Capacity Management

The process of planning and controlling a business or organization's resources to ensure it can meet demand, both current and future, without excessive costs or waste.

Time Flexibility

The adaptability of schedules or timelines to accommodate changes or unforeseen events, often enhancing efficiency or satisfaction.

Overall Demand

Refers to the total market need for a product or service over a specified period.