4-1 Product and Service Design Operations Management William J. Stevenson 8th edition 4-2 Product and Service Design CHAPTER 4 Product and Service Design Operations Management‚ Eighth Edition‚ by William J. Stevenson Copyright © 2005 by The McGraw-Hill Companies‚ Inc. All rights reserved. McGraw-Hill/Irwin 4-3 Product and Service Design Product and Service Design • Major factors in design strategy Cost Quality • Time-to-market • Customer satisfaction •
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A product is anything that meets the requirements of a particular market‚ this term involves a lot of dimensions because it is essential to recognize what contributes to the “total product offer”1 in order to be successful in the market or simple to keep our customers satisfy. A service is an intangible economic activity‚ not stored and does not result in ownership; Services nowadays are becoming more important and growing faster and consumers are more apprehensive with performance and satisfaction
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successful.” I hereby would like to express my sincerest gratitude to this esteemed organization‚ which has provided me with this precious privilege to pragmatically convert theoretical knowledge into a practically viable experience. During the course of my training at Tata Motors‚ Lucknow‚ many people have guided me and shared their knowledge with me and I will always remain indebted to them‚ for making my duration of training period a wonderful learning experience. I would like
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Production & Operation Management Product Development Product Development Tools/Techniques Submitted To Prof. P.S.Gill Submitted By Manish Singh MBA-2nd‚ RIMT Punjab Technical University Jalandhar Product Development Meaning: Product development is the carried out after research which follows pure research. Development is the work contributing towards improvement in the existing knowledge by way of improved ideas‚ systems‚ techniques‚ etc. Product development is a specialized
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NEW PRODUCT DESIGN 3 2.1 Cost 3 2.2 Customer’s Satisfaction 3 2.3 Ergonomics 4 2.4 Product Life Cycle 4 2.5 Legal and Ethic 5 2.6 Technological Changes 5 2.7 Quality 6 2.8 Environmental Friendly Product 7 3.0 CONCLUSION 7 4.0 REFERENCES 8 1.0 INTRODUCTION Developing a new product is an important step for a company in their effort to success and be competitive in the business that they have earned even though it is difficult to create new products. Product design
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* THE IMPACT OF SUPPLY CHAIN MANAGEMENT BUSINESS PROCESSES ON COMPETITIVE ADVANTAGE AND ORGANIZATIONAL PERFORMANCE THESIS John F. Perry II‚ Capt‚ USAF AFIT/LSCM/ENS/12-14 DEPARTMENT OF THE AIR FORCE AIR UNIVERSITY AIR FORCE INSTITUTE OF TECHNOLOGY Abstract Organizational performance has routinely been viewed through a limited scope primarily focused on functions‚ practices‚ and resources directly controlled by the focal organization‚ but supply chain management (SCM) has broadened
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Possible solutions to energy crisis Submitted by Vijayalaxmi Baligar Table of contents: 1. Introduction and overview. 2. Consumption of energy in India 2a. Consumption of electrical energy and reducing the power loss in transmission lines. 2b. Energy Consumption in service sectors and in industrial sectors 2c. Energy consumption in the Agriculture Sector 3. Recycling. 3a. Role of recycling in energy
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P5- Explain dysfunction in relation to water balance and its possible treatments. M3- Discuss dysfunctions in relation to water balance and its possible treatments. For P5 and M3‚ I am going to explain the dysfunctions that relate to the balance between water intake and the disturbance of water output. Then I am going to discuss it in more detail. Oedema‚ also known as dropsy‚ is one of the dysfunctions and this is when there is too much fluid retention in the body. In other words‚ the accumulation
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Risks Associated with Supply Chain Management I. Introduction Companies face a myriad of risks throughout their supply chain. To properly manage these risks‚ companies must be able to clearly identify them in order to accurately manage and mitigate their impact. Broadly defined‚ risks can be divided into two general categories: general risks‚ which are faced by most companies regardless of the nature of the industry in which they operate or the nature of the goods or products they offer on the
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Is Privacy in the 21st Century Possible? Privacy in the 21st century will affect every human beings life as we know it in the future. Is privacy in the 21st century possible? No. Whether we are talking about issues like video surveillance detecting our every move or computer hackers stealing identities‚ privacy is dead as we know it. The only way to bring more privacy back is if we all come together and demand the privacy we deserve. Making correct decisions at home‚ work‚ and church‚ about
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