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

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Reference no: EM132315692

Textbook - Product Design and Development, Fifth Edition, Author - Karl T. Ulrich by Steven D. Eppinger. ISBN 978-0-07-340477-6.

Chapter 1 - Introduction

Exercises -

1. Estimate what fraction of the price of a pocket calculator is required to cover the cost of developing the product. To do this you might start by estimating the information needed to fill out Exhibit 1-3 for the pocket calculator.

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.)

Thought Question -

1. Each of the chapters listed in Exhibit 1-4 presents a method for a portion of the product development process. For each one, consider what types of skills and expertise might be required. Can you make an argument for staffing the development team from start to finish with individuals possessing all of these skills and areas of expertise?

Reference no: EM132315692

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