Introduction to Modeling and Analyzing Complex Product Development Processes Using the Design Structure Matrix (DSM) Method Ali A. Yassine Product Development Research Laboratory University of Illinois at Urbana-Champaign Urbana‚ IL. 61801 yassine@uiuc.edu Brief description of the author Ali Yassine is an assistant professor at the Department of General Engineering at the University of Illinois at Urbana-Champaign (UIUC). He is the director of the Product Development Research Laboratory and an affiliated
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THE FORD PINTO CASE A Dangerous Product On 10 August 1978 Judy Ann Ulrich‚ eighteen‚ was driving a 1973 Ford Pinto to volley-ball practice in Goshen‚ Indiana. Inside the car with her were her sister Lynn Marie‚ sixteen‚ and their cousin Donna Ulrich‚ eighteen. As they were heading north on U.S. Route 33‚ their car was struck from behind by a 1972 Chevrolet van. The Pinto collapsed like an accordion; the fuel tank ruptured; and the car exploded in flames. Lynn Marie and Donna burned to death in
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ansoff matrix The market penetration strategy is the least risky since it leverages many of the firm’s existing resources and capabilities. In a growing market‚ simply maintaining market share will result in growth‚ and there may exist opportunities to increase market share if competitors reach capacity limits. However‚ market penetration has limits‚ and once the market approaches saturation another strategy must be pursued if the firm is to continue to grow. Market development options include
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Traceability Matrix is a correlation model‚ which emphasizes that any validation protocol shall be prepared to verify that a system or equipment will meet its User Requirements (URS) and pre-approved Design and Functional Specifications (DS and FS). The validation protocols include Factory Acceptance Testing (FAT)‚ Site Acceptance Testing (SAT)‚ Installation Commissioning (IC)‚ Operational Commissioning (OC)‚ and Performance Commissioning (PQ) for non-portable‚ large size‚ and/or complicated equipment
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mark: Question mark denotes high market growth and low relative market share. In this category‚ there are two things to be considered as invest greatly in the products or to clear up this products. The company launches new TVS Jupiter So company need to invest in them for increase in market growth‚ this is the reason that these products comes under the question mark. Dog: Dog denotes low market growth as well as low market share in the industry. In this segment‚ the motorcycle is divided into
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GROWTH STRATEGIES Ansoff Matrix - 4 STRATEGIES FOR GROWTH The Ansoff Growth matrix is a tool that helps businesses decide their product and market growth strategy. Ansoff’s product/market growth matrix suggests that a business’ attempts to grow depend on whether it markets new or existing products in new or existing markets. The output from the Ansoff product/market matrix is a series of suggested growth strategies for the business and helps them decide what direction the business wants to take
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The product The first market mix element is Product. A product is anything that can be offered to a market for attention‚ acquisition‚ use or consumption that might satisfy a need or want. Product decision normally base on brand name‚ functionality‚ styling‚ quality‚ safety‚ packaging‚ repairs and support‚ warranty‚ accessories and services. These product attributes can be manipulated depending on what the target market wants. Also‚ customers always look for new and improved things‚ which is
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by remaining at the forefront of the digital market. Samsung’s policy is to devote human resources and technologies to create superior products and service thereby contributing to a better global society. Samsung is one of the world’s largest technology providers. It was founded by Lee Byung-chul in 1938. It started out as a trading company exporting various products from South Korea to Beijing‚ China. The word Samsung means “three stars” in Korean. It became the name that was associated with different
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Module 7 Case Study 2: Transforming customer service for BRANZ Ltd. Abstract Porter’s value chain describes a comprehensive format of creating value within any business venture. It explains how to alter business inputs into outputs that are of greater value than the initial cost of creating the same outputs. According to Michael Porter‚ analysing the chain of activities in any organization will be of more value to the output and services compared to the summation of the cost of these activities
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EXECUTIVE SUMMARY The Case study was conducted at Celso G. Mandocdoc (CGM) poultry farm. It is located at Barangay Tugtog and Sabang‚ San Jose Batangas. The proprietor‚ Mr. Celso G. Mandocdoc has been involved with the poultry egg industry for twenty four years and has continuously expanded throughout the lifetime of its operation. The farm started as a backyard farm and later turned into a commercial layer egg farm. The main objective of the study was to evaluate the operations of CGM farm
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