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The following table lists an assortment of characteristics ( production requirements and locations ) pertaining to the three phases of the product cycle. For each
The following table lists an assortment of characteristicsproduction requirements and locations pertaining to the three phases of the product cycle. For each of these characteristics indicate the phaseearly middle, or late to which the characteristic is most likely associated. Do this by substituting the appropriate label into the response box for each characteristic: use E to denote Early, M for Middle, and L for Late.
Part
Characteristics
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Standardized manufacturing routines are increasingly common comma using low minus skilled and semi minus skilled
labor in assembly type operations. nothing
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Experimentation with design and manufacturing technologies is over and the product is completely standardized.
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Experimentation and improvement in design and manufacturing require scientific and engineering inputs.
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An increasing share of the world's output is moving to countries where labor costs are low.
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The product itself begins to be standardized in size comma features comma and manufacturing process.
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There must be a consumer base with substantial income and skilled marketing to advertise
information about the product.
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