Assignment #$4($Chapter $5)$READ THE CHAPTER THOROUGHLY BEFORE ANSWERING THE QUESTIONS. YOU SHOULD DO YOUR WORK INDEPENDENTLY. YOU SHOULD NOT COPY EACH OTHERS ASSIGNMENT. DON NOT COPY ANSWERS FROM OTHER SOURCES. YOU NEED TO ANSWER ALL PARTS OF THE ASSIGNMENT. REMEMBER, YOU ALL ARE GRADUATE STUDENTS. YOUR ANSWERS SHOULD BE ADEQUATELY EXPLAINED. Part I $(24$ points$)$Explain the following key Terms. Use examples as needed.$(1)$Product$-$by$-$value analysis $(2)$ Quality function deployment $($QFD$)(3)$ Manufacturability and value engineering$(4)$ Design for manufacture and assembly $($DFMA$)(5)$ Computer$-$aided manufacturing$(6)$ Virtual reality $(7)$ Value analysis $(8)$ Time$-$based competition$(9)$ Bill of material $($BOM$)(10)$ Make$-$or$-$buy decision $(11)$ Configuration management$(12)$ Product life$-$cycle management Part II $(60$ points$)$Answer the following questions with adequate explanation. Your answer should be related to your Textbooks discussion.$(1)$ Explain with an example how product strategy supports competitive advantage. $(2)$ What are the strategies operations managers should pursue in different phases of the product life cycle?$(3)$ Explain the specific opportunities a firm can focus on once the conditions for aggressive new product development are fulfilled.$(4)$ Explain the different approaches to organizing product development.$(5)$ Explain with example the difference between robust design and modular design.$(6)$ Summarize OM in Action titled Amazon Pushes Product Design in your own words focusing on its main idea.$(7)$ Discuss the documents needed for the production of a product.$(8)$ Explain the process regions for each participants process domain.$(9)$ Explain what is meant in service design by the moment of truth.$(10)$ Summarize the Ethical Dilemma on page $182$ in your own words focusing on its main idea.Part III $(16$ Points$)$Read the case, titled De Mars Product Strategy and answer its discussion questions: #$1,$ #$2,$ and #$3.$ Your answers should be well explained. You should take the help of the chapter to clarify the concepts before answering the questions. Dont copy answers from other sources.