Feasibility and Fidelity Flashcards
1
Q
What is a feasibility study?
A
It checks how viable it will be to produce your product and whether it can be designed or developed
2
Q
Pros of conducting a feasibility study
A
- It ensures you design and development investments are worthwhile
- reduces time and development costs
3
Q
What types of fidelity modelling are there?
A
Low and high - differences are how exact they are to product
4
Q
What are the pros of low fidelity modelling?
A
- cheap to do (uses materials like paper)
- quick results
5
Q
What are the cons of low fidelity modelling?
A
- Not very precise
- Not very representative of final product
6
Q
What are the pros of high fidelity modelling?
A
- Very precise and detailed (can be done on CAD software)
- Represents final product well
7
Q
What are the cons of high fidelity modelling?
A
- Can take a long time
- Expensive process
8
Q
What is sequential engineering?
A
Stages are consecutive (one at a time)
9
Q
What is concurrent engineering?
A
Stages run simultaneously (overlap) - often enabled with technology
10
Q
Give 3 examples of questions in a feasibility study for an electric car.
A
- Does the tech exist to allow it to work? (electric and petrol engine)
- Do the materials exist?
- Is there a market for this market? (example of failure: Sinclair C5 had no target market even though it was a function design for the time it was put in the market.)
- Is it economically viable to make and sell this product to my market?
- Does the manufacturing equipment exist?
