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


 

Stanley Tools Jobmaster Screwdriver

Rollerblade In-Line Skate

Hewlett-Packard DeskJet Printer

Volkswagen New Beetle Automobile

Boeing 777 Airplane

Annual

100,000

100,000

4 million

100,000

50

production volume

units/year

units/year

units/year

units/year

units/year

Sales lifetime

40 years

3 years

2 years

6 years

30 years

Sales price

$5

5150

$130

$20,000

$260 million

Number of unique parts (part numbers)

3 parts

35 parts

200 parts

10.000 parts

130,000 parts

Development time

1 year

2 years

1.5 years

3.5 years

4.5 years

Internal development team (peak size)

3 people

5 people

100 people

800 people

6,800 people

External development team (peak size)

3 people

10 people

75 people

800 people

10,000 people

Development cost

$150,000

$750,000

$50 million

5400 million

$3 billion

Production investment

$150,000

SI million

$25 million

5500 million

53 billion

EXHIBIT 1-3 Attributes of five products and their associated development efforts. All figures are approximate, based on publicly available information and company sources.

Chapter 1: Exercise 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.)

Chapter 2: Exercise 2, Thought Question 2

Define a process for finding a job. For what types of endeavor does a well-defined process enhance performance?

Is there an analogy between a university and a product development organization? Is a university a functional or project organization?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Create a set of scatter charts by plotting each of the rows
Reference No:- TGS01497379

Expected delivery within 24 Hours