LC-2
LC-2
LC-2
Product
Produc Produc cycle
t cost t time
quality
4
Product cost
● Only a small fraction of the cost to produce a product (5 percent) is involved with
the design process, while the other 95 percent of cost is consumed by the materials,
capital,and labour to manufacture the product.
Design
Capital Labour Material & Mfg
5%
Importance of the Engineering Design Process
2.Product quality:
● If the design proves to be faulty just before the product goes to
market, it will cost a great deal of money to correct the problem.
Ex: A car manufacturer designs a vehicle
with poorly positioned brake
components.
● Manufacturing Implication:
○ During manufacturing, engineers cannot fix
this issue without altering the entire car’s
● Design Flaw: The brake assembly layout.
○ This results in recalls or expensive
overheats during long drives
modifications to the existing design.
because of inadequate ventilation. ● A flawed design leads to safety concerns, loss of
customer trust, and costly recalls.
● Proper simulation and testing during the design
phase could have ensured adequate brake
ventilation.
Ex:Smartphone Development
with unique features, like longer battery life and health tracking.
Testing and Quality Control (1 month): They test the watches for performance and fix
Marketing and Launch (1 month): The company markets the smartwatch and releases it
for sale.
● Speed to Market: The shorter the cycle time, the faster the company can
introduce new products
● Cost Efficiency: Reducing cycle time can help a company save money, as a
longer development process typically means higher costs.
● Competitive Advantage: Companies that can reduce their cycle time and
bring products to market quickly are often able to stay ahead of competitors.
● In conclusion, cycle time is a key metric in product development, as it
directly affects how quickly a company can create and launch new products
Importance of the Engineering Design Process