BUS225_Project_Two

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Southern New Hampshire University *

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225

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Industrial Engineering

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Dec 6, 2023

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pptx

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19

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THE FUTURE OF ENGINES Shani Smith Kristin Bilodeau
TABLE OF CONTENTS • Brief Background of Automobile Engine • Automobile Sales Trends • Production 2016-2020 • Sales Volume • Sales by Type • Hybrid or Electric • Brief Background of Small Gas Engine • Small Gas Engine Market Projections • By Industry • By Region • Summary • Decision Making Models • References
AUTOMOBILE ENGINES
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AUTOMOBILE SALES TRENDS (Sky Ariella, 2022)
US AUTOMOBILE PRODUCTION 2016-2020 (Sky Ariella, 2022)
AUTOMOBILE SALES VOLUME 2022 VS 2021 - USA ( USA - Flash Report, Automotive Sales Volume, 2022 - MarkLines Automotive Industry Portal , 2022)
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AUTOMOBILE SALES BY VEHICLE TYPE ( U.S. Vehicle Sales by Type and Month 2022 | Statista , 2022)
HYBRID-ELECTRIC AUTOMOBILE SALES ( FOTW #1254, September 5, 2022: 2021 Hybrid-Electric Vehicle Sales Increased by 76% over 2020 , 2022)
SMALL GAS ENGINES
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SMALL GAS ENGINE MARKET PROJECTION ( Allied Market Research , 2021)
SMALL GAS ENGINE BY INDUSTRY ( Allied Market Research , 2021)
SMALL GAS ENGINE BY INDUSTRY CONTINUED ( Small Gas Engine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) , 2022)
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SMALL ENGINE GROWTH RATE BY REGION ( Small Gas Engine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) , 2022)
SUMMARY OF DATA • Automobile Market Declining • Sales Declining • Global Sustainability • Need for expansion • Small Gas Engine Market Rising • Construction due to development • Sustainability - Gardening • Markets are similar
DECISION-MAKING MODELS Intuitive Decision Making The Recognition-Primed Decision Model Rational Decision Making
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INTUITIVE DECISION MAKING (Wettstein, 2019)
THE RECOGNITION-PRIMED DECISION MODEL (Free Management Books, 2016) 1. Experiencing 2. Analyzing 3. Implementation
RATIONAL DECISION MAKING 1. Verify and define problem 2. Research and brainstorm possible solutions 3. Set standards for success and failure 4. Provide more detail about potential results 5. Choose best solution and test 6. Track and analyze results 7. Implement solution
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REFERENCES Allied Market Research . (2021). Allied Market Research. https://www.alliedmarketresearch.com/small-gas-engine-market FOTW #1254, September 5, 2022: 2021 Hybrid-Electric Vehicle Sales Increased by 76% over 2020. (2022). Energy.gov. https://www.energy.gov/eere/vehicles/articles/fotw-1254-september-5-2022-2021-hybrid-electric-vehicle-sales-increased-76 Free Management Books. (2016, September 25). Free Management Books. http://www.free-management-ebooks.com/news/recognition-primed-decision-model/ Sky Ariella. (2022, April 5). 36 Important US Automotive Industry Statistics [2022]: Facts, Trends, And Projections . Zippia.com; Zippia. https://www.zippia.com/advice/automotive-industry-statistics/#:~:text=How%20much%20is%20the%20automobile,indus try%20is%20worth%20%2482.6%20billion . Small Gas Engine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) . (2022). Mordorintelligence.com. https://www.mordorintelligence.com/industry-reports/small-gas-engine-market Small Gas Engines Market Report, Size, Share, Analysis – 2021. (2021). Marketsandmarkets.com. https://www.marketsandmarkets.com/Market-Reports/small-gas-engines-market-68985131.html U.S. vehicle sales by type and month 2022 | Statista . (2022). Statista; Statista. https://www.statista.com/statistics/204342/comparison-of-us-vehicle-production/ USA - Flash report, Automotive sales volume, 2022 - MarkLines Automotive Industry Portal . (2022). Marklines.com. https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month Wettstein, A. (2019, March 9). Intuition and decision making - Agility3. Agility3. https://agility3.com/2019/03/09/intuition-and-decision-making/

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