Regal Marine Case Study

Running head: CASE 1: PRODUCT lifetime AT REGAL MARINE Case 1: widening initiation at munificent naval Jessica Beyer, David Brown, Nicole Manzano (Group C) Grand canyon University returnion and operations Management MGT 310 Jere Ferguson November 23, 2008 Case 1: Product Design at purple leatherneck Regal shipboard soldier is a caller-out that specializes in construct luxury gravy boats. by and by being in the industry for 30 stratums their company still faces several challenges every form in fiat to remain competitive in their industry. After reviewing their case admit it is authorised to realize how the concept of production living calendar method of birth control applies to Regal Marine Products, what strategy Regal uses to stay competitive, what tolerant of engineering savings is Regal achieving by using dog technology rather than traditional draught techniques and what argon the presumable benefits of the CAD design technology? Product Life hertz Regal Marine knows that great products are the keys to success. With hundreds of competitors in the boat business, Regal Marine must work baffling to patronage apart and continuously introduce innovative, high-quality parvenu boats. each peeled product has a invigoration cps per second that loafer be divided into quartette phases: invention, growth, maturity, and decline. The concept of product life cycle applies directly to Regal Marine Products since their product’s average out life cycle is only about four years. thereof they are determined to make sure that the new products they are developing have the potential to be cost-effective and put on new technologies to expand their lifecycles. Further Regal Marine introduces on average four new models every year. It is important for the locoweed to introduce new material every year so they can keep a competitive edge. The life cycle stage that is the most important for Regal M arine is the introduction stage. During this! stage they must create an updated design on a current product and ensure that it is better and variant so it is appealing to...If you want to get a dear essay, roam it on our website: OrderCustomPaper.com

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