Create a set of scatter charts by plotting each of the rows

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Reference no: EM131119427

	Stanley Tools Jobmaster Screwdriver	Rollerblade In-Line Skate	Hewlett-Packard DeskJet Printer	Volkswagen New Beetle Automobile	Boeing 777 Airplane
Annual	100,000	100,000	4 million	100,000	50
production volume	units/year	units/year	units/year	units/year	units/year
Sales lifetime	40 years	3 years	2 years	6 years	30 years
Sales price	$5	5150	$130	$20,000	$260 million
Number of unique parts (part numbers)	3 parts	35 parts	200 parts	10.000 parts	130,000 parts
Development time	1 year	2 years	1.5 years	3.5 years	4.5 years
Internal development team (peak size)	3 people	5 people	100 people	800 people	6,800 people
External development team (peak size)	3 people	10 people	75 people	800 people	10,000 people
Development cost	$150,000	$750,000	$50 million	5400 million	$3 billion
Production investment	$150,000	SI million	$25 million	5500 million	53 billion

EXHIBIT 1-3 Attributes of five products and their associated development efforts. All figures are approximate, based on publicly available information and company sources.

Chapter 1: Exercise 2

Create a set of scatter charts by plotting each of the rows in Exhibit 1-3 against the development cost row. For each one, explain why there is or is not any correlation. (For example, you would first plot "annual production volume" versus "development cost" and explain why there seems to be no correlation. Then repeat for each of the remaining rows.)

Chapter 2: Exercise 2, Thought Question 2

Define a process for finding a job. For what types of endeavor does a well-defined process enhance performance?

Is there an analogy between a university and a product development organization? Is a university a functional or project organization?

Reference no: EM131119427

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