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Topic: Business
Number of pages / Number of words: 10 / 2691
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In the standardization and simplification process, therefore, both operations management and the finance department will put pressure on the R&D team to modify a design so as to lower production costs and decrease the chances of product failure. This is achieved often through modular design, which simplifies the production process by using fewer parts, and making those parts easily detachable...


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Product design has the ultimate goal of creating a blueprint for a product that has low manufacturing costs and high quality. Having too many parts not only increases production costs, but also the chances for product failure over a short period of time. If the operations manager does not maintain a fluid communication system with and between his the R&D and finance departments the company might start out with a new product that puts it over budget and provides a low return on investment...


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