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What are the five reasons why engineers study economics?

they innovate new things. by having a knowledge of economics and management they can forcast or can predict the utility,advantages,disadvantages of the product. also get to know the scope of the product and it's contribution in growth.


What are the five reasons why engineers study economics and management?

they innovate new things. by having a knowledge of economics and management they can forcast or can predict the utility,advantages,disadvantages of the product. also get to know the scope of the product and it's contribution in growth.


When engineers make one product according to their design to try it outwear call it a?

prositute


What are specifications?

Specifications are a list of requirements, features, constraints, etc. needed by a product for it to perform its task(s) correctly. They are developed by Systems Engineers in consultation with either customers and/or marketing. They are used by the Design Engineers (e.g. Electronics Engineers, Mechanical Engineers, Software Engineers, Civil Engineers) to make sure the system will perform as desired. They are used by Test Engineers to develop necessary tests and procedures to verify, troubleshoot, etc. the finished products.In other words specifications are a standardized formal language used to communicate between the various engineering disciplines working on a project/product so that they all agree and have a common understanding of that project/product.


Who discovers develops and specifies the characteristics of new or improved products and processes?

The discovery, development, and specification of new or improved products and processes are typically carried out by product developers, researchers, and engineers within a company. These professionals conduct market research, analyze consumer needs, and apply scientific principles to innovate and enhance products. Collaboratively, they may work with cross-functional teams, including marketing and manufacturing, to ensure that the final product meets desired specifications and market demands.

Related Questions

Why are design elements considered when engineers and designers invent or innovate a product?

These things are considered so that the designer/ engineer can get the most effective design possible.


What are the five reasons why engineers study economics?

they innovate new things. by having a knowledge of economics and management they can forcast or can predict the utility,advantages,disadvantages of the product. also get to know the scope of the product and it's contribution in growth.


What are the five reasons why engineers study economics and management?

they innovate new things. by having a knowledge of economics and management they can forcast or can predict the utility,advantages,disadvantages of the product. also get to know the scope of the product and it's contribution in growth.


What do engineers do at Toyota?

At Toyota, engineers play a crucial role in designing, developing, and improving vehicles and manufacturing processes. They work on various aspects, including mechanical, electrical, and software systems, ensuring that vehicles meet safety, performance, and environmental standards. Engineers also engage in research and development to innovate new technologies, such as hybrid and electric vehicles, while collaborating with cross-functional teams to enhance overall product quality and efficiency.


What is the importance of chemistry to industrial engineers?

Chemistry is crucial for industrial engineers as it underpins the understanding of materials and processes used in manufacturing and production. Knowledge of chemical properties and reactions helps in optimizing processes, improving product quality, and ensuring safety and compliance with regulations. Additionally, industrial engineers leverage chemistry to innovate sustainable practices, reduce waste, and enhance efficiency in various industries. Overall, a solid grasp of chemistry enables industrial engineers to design and improve systems that effectively utilize resources.


Which Integrated Product Support Elements are considered during system design development and sustainment efforts?

During system design development and sustainment efforts, Integrated Product Support Elements such as support equipment, technical data, manpower and personnel, training and training support, and facilities are considered. These elements are essential for ensuring that the system can be effectively operated and maintained throughout its lifecycle.


Computer-aided design is primarily used by?

By product designers. It can also be used by engineers or architects.


How new does an innovation have to be to be considered novel?

An innovation is considered novel if it introduces a new idea, method, product, or technology that has not existed before in that particular context. It does not necessarily have to be groundbreaking or revolutionary, but it should be distinct enough from existing solutions to be considered original and fresh.


When hydrogen and oxygen conforms to water what would water be considered and what would hydrogen and oxygen be considered?

Hydrogen and oxygen are the reactants and water is the product.


Which of the following elements are described as performance-oriented elements?

Elements like speed, accuracy, efficiency, and reliability are typically considered performance-oriented elements. These qualities focus on how well a system or product performs its intended function in terms of effectiveness and productivity.


Which of graeter's marketing-mix elements are most likely to be affected by external forces in the marketing environment and in what ways?

Graeter's marketing-mix elements most likely affected by external forces are product and promotion. Changes in consumer preferences or health trends can influence product offerings, leading Graeter's to innovate or alter flavors. Additionally, economic factors or competitive actions can impact promotional strategies, prompting adjustments in advertising channels or messages to effectively reach their target audience. Lastly, regulatory changes can also affect product formulations and marketing claims, necessitating adaptations in both product and promotion.


What education requirements are needed for product engineering job?

Product engineers are jobs that are available in almost every field, where engineers generally focus on one field. In order to become a product engineer you will have to obtain a Bachelor's degree in engineering. Engineers generally have degrees in electronics, electrical, civil engineering and/or mechanical. Sometimes math and physical science degrees might be acceptable for obtaining an entry-level position.