BlackFriday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIPS Exam L4M2 Topic 10 Question 44 Discussion

Actual exam question for CIPS's L4M2 exam
Question #: 44
Topic #: 10
[All L4M2 Questions]

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

Show Suggested Answer Hide Answer
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


by Brinda at Sep 14, 2024, 11:44 AM

Limited Time Offer

25%

Off

Get Premium L4M2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Lyndia
16 days ago
I'm just going to guess and say E) All of the above. I mean, come on, you can't have too many opportunities to save money, right? Plus, I heard the cafeteria is serving free donuts today, so I'm feeling pretty good about my chances.
upvoted 0 times
...
Catina
17 days ago
I'm feeling lucky, so I'm going to go with A) 2 and 3 only. The pre-design stage is where you can really get creative with cost-cutting measures, and the detail design stage is where you can start to refine those ideas and make them a reality.
upvoted 0 times
...
Salome
20 days ago
I'm going to have to go with D) 1 and 4 only. The planning stage is key for setting the budget and identifying cost-saving opportunities, and the production stage is where you can really start to implement those strategies.
upvoted 0 times
...
Ty
1 months ago
Hmm, I'm going with C) 1 and 2 only. The planning stage is where you can really get a handle on the project scope and identify areas for cost savings, and the pre-design stage is where you can start to refine those ideas.
upvoted 0 times
Dulce
17 days ago
Definitely, it's important to identify cost-saving opportunities early on in the product development cycle.
upvoted 0 times
...
Mindy
24 days ago
I think focusing on these two stages can really help in optimizing the overall development process.
upvoted 0 times
...
Lilli
26 days ago
Yes, and the pre-design stage allows for early adjustments to be made before significant resources are invested.
upvoted 0 times
...
Lawana
28 days ago
I agree, the planning stage is crucial for setting the foundation for cost reduction.
upvoted 0 times
...
...
Willodean
1 months ago
I believe the pre-design stage is also important for cost reduction.
upvoted 0 times
...
Dorathy
2 months ago
I think the answer is B) 2 and 5 only. The pre-design stage is where you can really explore different options and find ways to cut costs, and the logistics support stage is all about optimizing the supply chain and distribution processes.
upvoted 0 times
Thaddeus
22 days ago
So, the answer is B) 2 and 5 only.
upvoted 0 times
...
Edna
27 days ago
Yes, and optimizing logistics can also lead to significant savings.
upvoted 0 times
...
Allene
1 months ago
I agree, the pre-design stage is crucial for cost reduction.
upvoted 0 times
...
...
Rosendo
2 months ago
I agree with Matilda, planning is crucial for cost reduction.
upvoted 0 times
...
Matilda
2 months ago
I think the opportunities for cost reduction will be greatest in the planning stage.
upvoted 0 times
...

Save Cancel