Question: New Product or Service Development (NPD or NSD) requires a robust Design process management and strategy; (a) State and explain briefly Five (5) major items

New Product or Service Development (NPD or NSD) requires a robust Design process management and strategy;

(a) State and explain briefly Five (5) major items for consideration in the management of the Design Process for New Product or Service Development (NPD or NSD).

(b) Define and describe Redesign and Value Analysis (VA) and Value Engineering (VE). State and briefly explain the Five (5) stages of Value Analysis (VA) and compare and contrast the Value Analysis (VA) and Value Engineering (VE) and explain their direct and indirect benefits.

c) As a concept of Designing for Operations, identify and briefly explain at least explain Five (5) key issues for critical considerations

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