Key Terms Flashcards
(34 cards)
Demographic
Group of society eg. Gender, age
Feasibility analysis
How possible/ realistic it is to continue with a product
Qualitative
Observations Questions Interviews Market research Forums
Quantitative
Hours
Time studies
Sales evaluation
Quantity based results
Forecasting
How many will sell
Will they sell
Oscillating
swings back and fourth
Linear
Goes along in a straight line
Rotary
Around in circle
Reciprocating
Back and fourth
CIM
Computer integrated manufacture
Removes the need to physically model
Penetration pricing
Gains market share at the start of its life
Price skimming
High price= recover initial cost
Then lower once it’s recovered
Planned obsolescence
Made to be thrown away eg. Lightbulbs
Perceived obsolescence
Convincing to bin things
Goes out of fashion
Eg phones
TQM
Total quality management
Looking at a product once it’s finished
Leads to less failed products
Saves money on inspectors
Saved money on wasted products
Motivates workers
Profit (leads to better quality products)
Quality inspection
Checks quality of a product
BSI
British standards institute
Symbol of safety
BSI kite mark <3
ES
CE mark
European standards
Tells customer the product has met European standards
Stereolithography
3D printing technology used for creating models
Selective Lazers sintering
Manufacturing technique that uses a laser as power source to winter material
Commercial
Product made with intentions to make a profit
Viability
Ability to be successful
4 Ps
Product
Price
Placement
Promotion
Ergonomics
Human factors involved with design work Size Feel Sound Taste
