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What else can I help you with?
How could a company improve product lifecycle management?
"One way to improve the management of a product's lifecycle would be to study the lifecycle's of previous, similar products, whether by that company or a competitor. If problems can be found that shortened the lifecycle of the previous product, changes can be made to the new product to overcome these problems."
Why is it important for companies who make products to research and determine a product's potential lifecycle?
So that they don't steal or plagiarize another person's idea
What information is gained through product lifecycle management?
"Product lifecycle management is basically you managed all the steps of a product, through design, manufacture, service and disposal. It gives you an idea on how products can be successful."
Why are bees important in the lifecycle of a pumpkin?
Bees are necessary to pollinate the pumpkin flowers.
Why is it important for companies who make products to research and determine a produt's potential lifecycle?
Researching a product's potential lifecycle is crucial for companies because it helps them understand the environmental impact, resource consumption, and sustainability of their products from production to disposal. This knowledge enables companies to make informed decisions about design, materials, and manufacturing processes, ultimately leading to more sustainable practices and reduced waste. Additionally, understanding the lifecycle can enhance brand reputation, meet regulatory requirements, and respond to consumer demand for environmentally friendly products. Overall, it fosters innovation and long-term profitability by aligning business strategies with sustainability goals.
What is product lifecycle design?
Product Lifecycle Design is the 2nd step in the Development stage of Product Lifecycle Management. All products go through stages as they age. These stages are called a product's "lifecycle" and usually include Development Introduction. Growth, Maturity, Decline. The demand and profitability of a product changes as it ages through these stages. As companies became more effective at marketing, Product Lifecycle Management (PLM) became an important strategy to maximize profit and demand and includes timing for product refreshes, discounting and of course new product development (NPD) and new designs to replace those in the decline stage.
Which one of these definitions of a system best encompasses the notion of both operational products as well as their related lifecycle support products?
An aggregation of End Products and Enabling Products to achive a given purpose.
3 stages of system lifecycle of computers?
-Fact finding. -A feasibility study. -An analysis phase. -System design. -Implementation. -Testing. -Documentation. -Evaluation.
Why is it important to study ICT?
why is it important study ICT
Why is is important to study ICT?
why is it important study ICT
What are the stages of the product lifecycle?
New, when the product is new access is least important unless you need to install or upgrade your product.
What is PLM?
product lifecycle management or project lifecycle management, the former is most common.
