Rapid innovation - customers needs for a product, Operation Management

Assignment Help:

Rapid innovation - Customers Needs for a Product

The readiness with which the operations system can generate new products and services, and get them to market quickly. A study conducted by McKinsey & Co found that, typically, if a new product reaches the market six months behind schedule it will have lost 36 per cent of its life cycle profit potential, whereas if its development costs overrun by 50 per cent but reaches the market on time the total profits are only reduced by 3.5 per cent. Personal computers and their components, such as hard disk drives, are particularly demanding in this regard because the rate of change of the technologies is so great.


Related Discussions:- Rapid innovation - customers needs for a product

Explain the prediction method, The following data concerns fuel sales by a ...

The following data concerns fuel sales by a distributor and is given in thousands of gallons. A. For each of the cases predict the fuel sales for the next twelve-month period. C

Why disney did incorrectly from the day it opened its door, Business Case D...

Business Case Disneyland resort Paris: mickey goes to Europe I am confused about this case. These are the questions my teacher assigned for it. 1) What Disney did incorrectly

Explain what is the asset turn over, Given the following information: sa...

Given the following information: sales:48,000,000 CGS:24,000,000 Variable expense:8,000,000 fixed expenses:8,000,000 inventory:6,000,000 account receivable: 3,000

Explain widget is identical and requires a machining cycle, 3,000 widgets m...

3,000 widgets must be machined on workstation during week. Each widget is identical and requires a machining cycle time (Tc) of 36.5 minutes. All of the machining centres in the sh

Explain the decreased demands of ongoing operational work, All of the follo...

All of the following factor have influenced the increased reliance upon project management in recent years EXCEPT: A. Rapid growth and change in the information technology and t

Explain management principles applicable to organizing, The American Red Cr...

The American Red Cross has been asked to oversee the clean-up efforts in Japan after the earthquake and tsunami that occurred in March 2011. Analyze the management principles appli

Organizational Structure & Design, How can we predict the effects of calcul...

How can we predict the effects of calculated and deliberate organizational change on informal networks and structures? How can we mitigate against unanticipated and unintended cons

Determine the price and quantity of toasters, Determine the price and quant...

Determine the price and quantity of toasters: There are 100 producers of toasters. Half of the producers are "low quality," i.e. their products will break with probability of

Product layout - process design, Product Layout - process design Where...

Product Layout - process design Where the volume of output is high, as in large-batch and continuous operations, it becomes economically viable to lay out the processes conti

Operation management, Please help me in getting answer for the following qu...

Please help me in getting answer for the following question, please send me your answer to Question : 18 carpets were observed closely and the number of defects in their texture

Write Your Message!

Captcha
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