--%>
Assignment Help - homework help

Define feasibility study

Feasibility study: In order to take wise investments in a market-place experiencing rising stages of risk, companies are turning to feasibility studies to find out if they must propose new products, services or commence a new business endeavor. The main purpose of feasibility study is to find out if a business opportunity is practical, possible, and viable. Whenever faced with a business opportunity, numerous optimistic people tend to focus just on the positive aspects.

A feasibility study allows a realistic view at both positive and negative aspects of an opportunity. The feasibility study is a significant tool for making the correct decisions. A wrong decision frequently leads to business failure. For illustration, only 50% of start-ups are still in business and after 18 months and only 20% are in business subsequent to 5 years.

Feasibility studies are helpful when beginning a new business or identifying a new opportunity for an existing business. Idyllically, the feasibility study process involves making rational decisions about a number of enduring characteristics of a project comprising.

   Related Questions in Mechanical Engineering

  • Q : Aerospace Computational Techniques -

    Hello, I have a programming assignment that incorporates aerodynamics. I was wondering if it is possible to program the following assignment. If not, what would be the aerodynamic formulas required to do so. Thanks.

    		•
  • Q : Formulating equation of motion Figure

    Figure below shows a reinforced concrete framed building subjected to earthquake ground motion. The floor is rigid with the mass of each floor is shown in the figure. Formulate the equation of motion for this building. Prove that the natural frequenci

    		•
  • Q : Maintenance in Product design

    Maintenance: How frequently and easily the product is to be maintained must be specified. A photocopier shouldn't require a service call from a technician just to add toner. If the product is to be maintenance free, then costs may be increased due to

    		•
  • Q : Arena Are you able to assist with these

    Are you able to assist with these two assignments in Arena simulation below? You can use the Basic Process instead of Blocks and Elements. An office of state license bureau has two types of arrivals. Individuals interested in purchasing new plates are characterized to have inter-arrival times dis

    		•
  • Q : Working environment in Product design

    Working environment: The conditions under which the product is likely to be used, stored, and transported must be specified. The product may have to operate in conditions of extreme temperature, be subject to vibration, radiation; these conditions wil

    		•
  • Q : How do you repair a hydraulic jack How

    How do you repair a hydraulic jack?

    		•
  • Q : Problem on work of compression A diesel

    A diesel engine operates devoid of a spark plug by using the high-temperature gas produced throughout the compression stage to ignite the fuel. During a typical compression, pure air that is originally at 21 °C and 0.95 bar is reversibly and adiabatically compress

    		•
  • Q : Quantity in Product design specification

    Quantity: The total quantity of the product predicted and, more importantly, the production rates and batch sizes needed, should be specified. This will have implications for the types of manufacturing equipment and work organization necessary. It wil

    		•
  • Q : Solar Thermal systems Explain the two

    Explain the two Solar thermal DHW and Solar DHW Solar thermal systems n brief?

    		•
  • Q : Difference between pressure vessel &

    Difference between pressure vessel & column: The Pressure vessels (cylinder or tank) are utilized to store fluids under pressure. If the pressure vessel are design in the form of column to separate the gas at u

    		•