1. Explain the Design Criteria. (Feasibility, Acceptability and Vulnerability)Note: lesson for reference is in the photo attached 11:31cdn.fbsbx.comBroad Categories of Design CriteriaFeasibilityAcceptabilityVulnerabilityLTEThe feasibility of the design option-can we do it?-Do we have the skills (quality ofresources)?-Do we have the organizationalcapacity (quantity ofresources)?-Do we have the financialresources to cope with thisoption?-Does the option satisfy theperfoce criteria which the design istrying to achieve? (These will differ fordifferent designs.)DoneWill our customers want it?-Does the option give a satisfactoryfinancial return?The acceptabilityof the design option -do we want to do it 11:31cdn.fbsbx.comThe criteriafor screeningconceptsThe vulnerability of each designoption-do we want to take the risk?Feasibility-howdifficult is it?Acceptability-howworthwhile is it?Broad categories of evaluation criteriafor assessing conceptsVulnerability-whatcould go wrong?we tinderstand the fullconsequences of adopting theoption?Beint desSsTimstcould go wrong it we adopt theOption? What would be theconsequences ofeverythinggwrong? (This is called thedownside risk' of an option.)Design Funneldepicting the progressivereduction of design optionsfrom many to oneThis means that theuncertainty surrounding thedesign reduces as the numberof alternative designs beingconsidered decreases.What INVESTMENT,both managerialand financialwill be needed?What RETURN,in terms of benefitsLTEto the operationwill it give?What RISKS,do we runif thingsgo wrong?DoneConBOveralevaluationof theconceptLarge number ofdesign optionsUhartyCertyregarding121314

When making a product or project certain factors need to be evaluated before and on the basis of…

Answered: 1. Explain the Design Criteria.…

1. Explain the Design Criteria. (Feasibility, Acceptability and Vulnerability) Note: lesson for reference is in the photo attached

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

Solve a
Identify the situation in each number if it is bottom up theory of top down theory 6. every time gloria can see a group of people wearing black or white inside the church she thinks that there is a dead person inside church 7. at the parking area is is easy for most people to find certain car because they have a concept in our minds of what is the model or color of car and where it was parked. 8. Aaron recognise his classmates perfume and can immediately guess the brand because his ex girlfriend use it before. 9. Bong noticed that the men sitting across the street was lonely because of the expression on his face
Under which perspective of the balanced scorecard would classify time to develop the next generation of products?
System Analysis and Design Q1. Amazon has its own Customer Relationship Management system (CRM). a. Describe the organization and the information system? b. Develop a preliminary problem statement
Orpheum Productions in Nevada is considering three mutually exclusive alternatives for lighting enhancements to one of its recording studios. Each enhancement will increase revenues by attracting directors who prefer this lighting style. The cash flow details, in thousands of dollars, for these enhancements are shown in the chart below. MARR is 10%/year. Based on a future worth analysis, which alternative (if any) should be implemented?
Describe what would be an effective approach to the conceptualisation, drefting and implementing of quality system in a project that you are familiar with.
Could you please help me solve this problem?
what is a summary of the moon shots for management article?
Ideas and thoughts about design should be discussed in detail. What is the difference between a "good" plan and a "bad" one?
***Not an assignment*** As a Senior Manager of the Customer Service Department in Joyah Airlines (JOL). you are been instructed by CEO, Dato' Dony Bernadi, to execute an intensive plan mprove the Quality and Reliability of service to JOL's customers. Prepare a thorough plan on how you going to apply the concept of QRM towards excellent Quality and Reliability services to the customers
Case Study: Implementation of Connecticut’s Health Enhancement Plan Mr. Arnold is a bridge safety supervisor for the state of Connecticut. He has worked in many regions throughout the state and relies on state insurance plans for coverage. Within the past few years, he sustained an injury on the job and, while at the hospital, was diagnosed with COPD, after many years of smoking. He has begun paying closer attention to his health, but he still requires multiple medications and physician visits throughout the year. The year is 2010, and Mr. Arnold has heard that, starting next year, Connecticut will implement the Health Enhancement Plan for its state employees. The program follows V-BID principles by lowering patient costs for certain high-value primary and chronic disease preventive services and coupling services with enrollment requirements. As Mr. Arnold reads the informational booklets provided by the state, he discovers that HEP is unlike previous plans he has known in that it…
Quality engineering question Please read the pages and make a short and clear summary of them with your own words please. Mention only the necessary important parts Also, you will put your comments and ideas about the topic briefly It is what you understand You must prepare neat the summary Thank you