There is no one best way to produce a good or service. The optimum design will be a function of operational objectives

| February 14, 2018

There is no one best way to produce a good or service. The optimum design will be a function of operational objectives (speed, cost, quality, etc.). This in turn, is determined by organisational strategy. Good design translates strategy into operational capability. In manufacturing, the introduction of new products has become increasingly viewed as a key factor influencing competitiveness. Introducing new products quickly and at a profit is the desire of most manufacturing companies. Some exampl …

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