10 min listen
Life Cycle Costing for Product Design Choices
Life Cycle Costing for Product Design Choices
ratings:
Length:
11 minutes
Released:
Oct 6, 2021
Format:
Podcast episode
Description
It costs our customers to own our designed products. It costs them initially to purchase it, but it also costs them to use it, maintain it, repair it, and eventually dispose of it. And it costs our company in ways too, like processing, training requirements for customers, and warranty repair costs. Life cycle costing can help our team choose between design alternatives, like alternate design options, features, manufacturing methods or suppliers. This type of analysis is a big topic in certain sectors of design like civil, transportation, construction, and capital equipment. But, we can use it for our smaller product designs, too, to compare our design choices - where it makes sense.Visit the podcast blog at www.QualityDuringDesign.com for equations, an example life cycle cost analysis, and a recommended book.Support the show**FREE RESOURCES**Quality during Design engineering and new product development is actionable. It's also a mindset. Subscribe for consistency, inspiration, and ideas at www.qualityduringdesign.com. About meDianna Deeney helps product designers work with their cross-functional team to reduce concept design time and increase product success, using quality and reliability methods. She consults with businesses to incorporate quality within their product development processes. She also coaches individuals in using Quality during Design for their projects.She founded Quality during Design through her company Deeney Enterprises, LLC. Her vision is a world of products that are easy to use, dependable, and safe – possible by using Quality during Design engineering and product development.
Released:
Oct 6, 2021
Format:
Podcast episode
Titles in the series (100)
HALT! Watch out for that weakest link. by Quality during Design