Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies. With constant innovation and seeking customer inputs, dealers and consultants in the design stage, the firm has successfully managed to provide unique products to its customers. The development phase of the product is speeded up by immediately taking the product from the design stage to styling studio. Having released products like water-skier, 20-foot inboard-outboard performance boat and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years. The firm found that the product development part can be fastened by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase. A plug is formed by foam based carving which is drove by the specifications from CAD system. Permanent molds are made for the new design which takes about 4 to 8 weeks. Boats are made by joining the molds. To determine: The strategy used by Company RM to stay competitive.

Question

Want to see the full answer?

Answer 1

Question

Chapter 5, Problem 2VC

Summary Introduction

Case summary:

Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies. With constant innovation and seeking customer inputs, dealers and consultants in the design stage, the firm has successfully managed to provide unique products to its customers.

The development phase of the product is speeded up by immediately taking the product from the design stage to styling studio. Having released products like water-skier, 20-foot inboard-outboard performance boat and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years.

The firm found that the product development part can be fastened by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase.

A plug is formed by foam based carving which is drove by the specifications from CAD system. Permanent molds are made for the new design which takes about 4 to 8 weeks. Boats are made by joining the molds.

To determine: The strategy used by Company RM to stay competitive.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Question 3 Discuss the concept and importance to JBD of new product development as a strategic and competitive action.

Subject: Business Process Reengineering Q#2: Define Kaiza Vs Business process reengineering implementation?

Please answer this question

Answer 2

Question

Chapter 5, Problem 2VC

Summary Introduction

Case summary:

Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies. With constant innovation and seeking customer inputs, dealers and consultants in the design stage, the firm has successfully managed to provide unique products to its customers.

The development phase of the product is speeded up by immediately taking the product from the design stage to styling studio. Having released products like water-skier, 20-foot inboard-outboard performance boat and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years.

The firm found that the product development part can be fastened by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase.

A plug is formed by foam based carving which is drove by the specifications from CAD system. Permanent molds are made for the new design which takes about 4 to 8 weeks. Boats are made by joining the molds.

To determine: The strategy used by Company RM to stay competitive.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 5, Problem 2VC

Summary Introduction

Case summary:

Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies. With constant innovation and seeking customer inputs, dealers and consultants in the design stage, the firm has successfully managed to provide unique products to its customers.

The development phase of the product is speeded up by immediately taking the product from the design stage to styling studio. Having released products like water-skier, 20-foot inboard-outboard performance boat and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years.

The firm found that the product development part can be fastened by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase.

A plug is formed by foam based carving which is drove by the specifications from CAD system. Permanent molds are made for the new design which takes about 4 to 8 weeks. Boats are made by joining the molds.

To determine: The strategy used by Company RM to stay competitive.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 5, Problem 2VC

Summary Introduction

Case summary:

Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies. With constant innovation and seeking customer inputs, dealers and consultants in the design stage, the firm has successfully managed to provide unique products to its customers.

The development phase of the product is speeded up by immediately taking the product from the design stage to styling studio. Having released products like water-skier, 20-foot inboard-outboard performance boat and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years.

The firm found that the product development part can be fastened by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase.

A plug is formed by foam based carving which is drove by the specifications from CAD system. Permanent molds are made for the new design which takes about 4 to 8 weeks. Boats are made by joining the molds.

To determine: The strategy used by Company RM to stay competitive.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 5, Problem 2VC

Summary Introduction

Case summary:

Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies. With constant innovation and seeking customer inputs, dealers and consultants in the design stage, the firm has successfully managed to provide unique products to its customers.

The development phase of the product is speeded up by immediately taking the product from the design stage to styling studio. Having released products like water-skier, 20-foot inboard-outboard performance boat and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years.

The firm found that the product development part can be fastened by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase.

A plug is formed by foam based carving which is drove by the specifications from CAD system. Permanent molds are made for the new design which takes about 4 to 8 weeks. Boats are made by joining the molds.

To determine: The strategy used by Company RM to stay competitive.

Answer 6

Chapter 5, Problem 2VC

Summary Introduction

Case summary:

Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies. With constant innovation and seeking customer inputs, dealers and consultants in the design stage, the firm has successfully managed to provide unique products to its customers.

The development phase of the product is speeded up by immediately taking the product from the design stage to styling studio. Having released products like water-skier, 20-foot inboard-outboard performance boat and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years.

The firm found that the product development part can be fastened by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase.

A plug is formed by foam based carving which is drove by the specifications from CAD system. Permanent molds are made for the new design which takes about 4 to 8 weeks. Boats are made by joining the molds.

To determine: The strategy used by Company RM to stay competitive.

Answer 7

Chapter 5, Problem 2VC

Summary Introduction

Case summary:

Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies. With constant innovation and seeking customer inputs, dealers and consultants in the design stage, the firm has successfully managed to provide unique products to its customers.

The development phase of the product is speeded up by immediately taking the product from the design stage to styling studio. Having released products like water-skier, 20-foot inboard-outboard performance boat and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years.

The firm found that the product development part can be fastened by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase.

A plug is formed by foam based carving which is drove by the specifications from CAD system. Permanent molds are made for the new design which takes about 4 to 8 weeks. Boats are made by joining the molds.

To determine: The strategy used by Company RM to stay competitive.

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 5.S - Prob. 1DQ Ch. 5.S - Prob. 2DQ Ch. 5.S - Prob. 3DQ Ch. 5.S - Discuss the 3 Rs.Ch. 5.S - Prob. 5DQ Ch. 5.S - Prob. 6DQ Ch. 5.S - Prob. 7DQ Ch. 5.S - Prob. 1P Ch. 5.S - Prob. 2P Ch. 5.S - Prob. 3P

Solution Summary: The author explains that Company RM runs a boat manufacturing business which has differentiation with its business strategy compared to other companies.

Concept explainers

Videos

Want to see the full answer?

Chapter 5 Solutions