Design and Cost

Question 1

Name some performance indicators.

Answer 1

1. Overall productivity
2. Quality
3. Inventory
4. Customer satisfaction
5. Profitability
6. Time to market
7. Cost of quality

Question 2

Name some examples of UK design.

Answer 2

Black cabs, chopper bikes, Dyson

Question 3

Name some challenges for the current economic climate.

Answer 3

1. Ageing population
2. Rapidly changing technology
3. Globalisation
4. Global security
5. Global warming

Question 4

Name the three categories of cost

Answer 4

1. Company costs
2. User costs
3. Society costs

Question 5

What is the influence of design?

Answer 5

Design determines the overhead costs and the long term fixed costs. Investing in design is relatively cheap and risk free

Question 6

What is the definition of design?

Answer 6

A function critical to competitive edge