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· Product is forecasted to have ROI of $300,000 first year; $550,000the second year; and $750,000 the third year. · The product life is forecasted to be 7 years for this product. (This forecast included derivative product which will cost more). · By delivering such an innovative product to the market place first, your organization will be seen as a leader in this industry. · Your sales and marketing teams have discussed this type of product with a few of your strategic customers; while some are interested, there are many questions about the business. Sincerely, ----------------------------------------------------------------------- OPS 571 Week 5 Quiz (New) For more course tutorials visit www.uophelp.com QUIZ 5 1) What is one analytical tool common to all quality improvement programs? 2) A fishbone diagram might be found in which DMAIC category? 3) What is the international quality management standard for quality management and assurance that is primarily concerned with quality of air, water and soil? 4) What is a reason that a company may pursue ISO-9000 certification? 5) Who is responsible for performing the first-party certification audit for a supplier firm?