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CIPS Exam L4M2 Topic 6 Question 7 Discussion
Actual exam question for
CIPS's
L4M2 exam
Question #: 7
Topic #: 6
[All L4M2 Questions]
Topic #: 6
Product development consists of various stages, including planning and analysis, design develop-ment, pre-production, production and maintenance. At which stages the opportunities for cost re-duction will be the greatest?
1. Planning stage
2. Pre-design stage
3. Detail design stage
4. Production stage
5. Logistics support stage
Suggested Answer:
C
Writing a specification and then procuring and using the product or service has a number of stages. The further on in the process you are, the less potential there is for cost reductions. Therefore, opportunities for cost reduction will be greatest in the two first stages: planning stage and pre-design stage.
LO 3, AC 3.1
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