Acme corp new product development team the team is

Assignment Help Financial Management
Reference no: EM13387589

Acme Corp. new product development team. The team is comprised entirely of design engineers and is meeting in the engineering conference room. The team leader is the Chief Design Engineer, Michael Carroll, who invited you to sit in today. Michael addresses the team. “We’ve been tasked with designing a new mouse to sell with the next generation of personal computers. We have six months to have working prototypes ready to present to marketing and three months after that to have the new mouse in production. It’s very aggressive schedule – we have no time to waste. Let’s start by brainstorming ideas for the mouse. Please be as innovative as possible.” Michael stepped to the white board prepared to write all the ideas that emerged from the meeting. Ideas began to surface: “Why does a mouse have to have only 2 buttons and a scroller?

Why not add an additional button for the thumb that can be programmed to serve as a function key?” “Why not make the mouse available in many colors rather than just the drab black, grey, and off-white?” “Why not send power to the mouse using RF rather than using a battery?” “Why do we need a mouse anyway? Why not implant a chip into user’s index fingers?” “Let’s make the mouse a glove. Just move your fingers to move the cursor.” As the ideas were offered, Michael wrote them on the white board. After about 30 minutes the flow of ideas had about stopped. There were a total of 28 ideas generated. Michael divided them loosely into categories: electrical; physical; functional. He asked the team to divide themselves into three groups along functional lines and each group to select a category to develop further. “Please pay particular attention to technical feasibility and manufacturing cost when you evaluate the ideas. Let’s plan to meet again in two weeks with each group giving a report on their ideas. We’ll try to narrow the ideas down and start tough prototyping the most promising ideas.” After the meeting, Michael asked you for comments about the process he is using to design the new mouse. What comments and suggestions would you make to Michael?

Reference no: EM13387589

Questions Cloud

In an internet retailer you will find a wide range of job : in an internet retailer you will find a wide range of job functions. leaders frequently need to adjust their own
Based on your reading of the book what money cant buy the : based on your reading of the book what money cant buy the moral limits of the markets by michael j. sandel write an
You want to find your target capital structure your : you want to find your target capital structure. your companys weighted average cost of capital is 12.5. the cost of
Alcoas net income for the 3rd quarter of 2007 increased 86 : 1. decompose alcoarsquos roe for 2006 and 2007. in what direction do you see the companyrsquos performance moving? what
Acme corp new product development team the team is : acme corp. new product development team. the team is comprised entirely of design engineers and is meeting in the
Write a paper of approximately 750 words on the topic : write a paper of approximately 750 words on the topic chosen addressing both personal and professional ethical issues
According to our readings managing change is definitely a : 1. nbspaccording to our readings managing change is definitely a proactive behavior that most managers and experts
Compare and contrast the differences in accounting : you work for a medium sized privately held electronics firm which is considering transitioning to a publically held
Strategies and methods required to influence organizational : you are a manager of a large rehabilitation center that provides short-term care rehabilitation services on an

Reviews

Write a Review

 

Financial Management Questions & Answers

  A stock index with a dividend yield of 22nbsp per

a stock index with a dividend yield of 2.2nbsp per annum with continuous compounding is currently standing

  Determine the current value of the bond

Determine the current value of the bond if present market conditions justify a 14 percent required rate of return.

  Explain interaction between carson company and rimsa savings

Rimsa Savings is a savings institution that provided Carson Company with a mortgage for its office building. Rimsa recently offered to refinance the mortgage if Carson Company will change to a fixed-rate loan from an adjustable-rate loan.

  What is the expected return on the market

What is the expected return on the market and What is the risk-free rate?

  1 explain why the present value of a cash flow stream and

1. explain why the present value of a cash flow stream and the asset associated therewith fluctuate in value with the

  A synthesis of contemporary market orientation perspectives

a synthesis of contemporary market orientation perspectives european journal of marketing 35 12 pp. 92-109. assess the

  Often organizations enter the marketplace with one approach

often organizations enter the marketplace with one approach and model. as the economy and demands shift and technology

  Develop a balanced scorecard

Develop a BSC that is aligned to the key goal in the strategic plan, i.e. exceeding revenue of $25 million dollars by 2015. Develop, quantify and justify suitable key performance measurement criteria for Anthony's Orchard in each of these four key..

  Complete the financial reporting for each period and

complete the financial reporting for each period and develop recommendations using the templates provided. procedure1.

  Explain what is the price of the coupon bond

What is the price of the coupon bond. What is the yield to maturity of the coupon bond. Under the expectations hypothesis, what is the expected realized compound yield of the coupon bond

  Prepare swag''s consolidated balance sheet

Prepare Swag's consolidated balance sheet under and prepare the consolidated financial statements for 20X3 using the direct method

  1size-up hcm using historical ratio analysis and a

1size-up hcm using historical ratio analysis and a discussion of its business risk and financial risk.the q1 tab

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd