Answered: Elaborate the elements for an effective…

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...

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TOPIC 5 - PRODUCT & SERVICE DESIGN
a.Elaborate the elements for an effective design process.

b. Discuss with an appropriate diagram, the meaning of design simplification in the production design.

c. MAFTech assembles smart devices part from four major components arranged as follows:

(image added)

i. If MAFTech has decided only to use one vendor to supply all four components, analyze for which vendor should be selected.

ii. Define the decision made, if all the components were assembled in series. (sequence of A-B-C-D and not sub-process B feed to C as above)

d. Elaborate service concept and service package with a relatable example from any service type/industry.

B
A•G•D
A IDI
C
The components can be purchased from three different vendors, who have supplied the
ollowing reliability data.
Component
A
B
C
D
Vendor
1 2
0.94 0.85
0.86 0.88
0.90 0.93
0.93 0.95
3
0.92
0.90
0.95
0.90

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