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What type of control is material selection?
Material selection is a type of strategic control that affects various aspects of a product or process. It helps determine the quality, cost, and performance characteristics of the final product or system. By carefully choosing materials, companies can influence durability, sustainability, and overall success of their projects.
Material selection is an example of what type of control option?
Selection of materials are a good example of product design and quality control. By selecting materials that are considered appropriate, the evaluation phase is easier.
What are the key differences between the natural price and market price of a product, and how do these factors influence pricing strategies in the market?
The natural price of a product is the cost of production, including factors like labor and materials. The market price is what consumers are willing to pay for the product. These differences influence pricing strategies by helping businesses determine how to set prices to maximize profits while considering competition and consumer demand.
What factors influence supply others than price?
demand of the product
Discuss the factors influencing product mix?
There are a few factors that influence product mix . The main few are changes in the demand in the market , what is costs to produce the product , and financial generation.
What factors influence a consumer's willingness to buy a product?
Several factors can influence a consumer's willingness to buy a product, including price, quality, brand reputation, personal preferences, marketing tactics, peer recommendations, and overall perceived value.
What three factors may influence a teen's buying decisions?
Price, Convenience and Product Information
Why is material choices important when designing a new product?
Material choices are crucial in product design as they directly impact functionality, durability, aesthetics, and sustainability. The right materials ensure that the product meets performance requirements and user expectations while minimizing environmental impact. Additionally, material selection can influence manufacturing processes, cost, and overall market competitiveness. Ultimately, thoughtful material choices enhance the product's value and user satisfaction.
What are the two factors that influence the magnitude of the gravitational force?
-- the product of the two masses -- the distance between their centers of mass
What are the factors that influence marketer's pricing strategies?
How much does it take to produce the product? What kind of profit margin is there? How do we want to position the product in the marketplace? Bargain? Value? Premium?
Define the basis of selection of best manufacturing process for a product in an organization?
basis of selection of best manufacturing process for a product
What are the factors to be considered during material selection?
Factors to consider during material selection include mechanical properties (strength, stiffness, toughness), chemical compatibility, cost, availability, environmental impact, and manufacturing process compatibility. It is also important to consider the intended application, operating conditions, and desired lifespan of the product when selecting materials.
