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Summative Assessment: Forecasting [due Day 7] Exam Content In the past two weeks, you have identified a new product idea and have conducted a thorough analysis of the attributes of the new product....

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Summative Assessment: Forecasting [due Day 7]

Exam Content

  1. In the past two weeks, you have identified a new product idea and have conducted a thorough analysis of the attributes of the new product.


    Your product management team is asked to prepare an analysis document for the new product idea to evaluate its feasibility.


    Prepare a full screen scoring checklist to decide the technical and commercial feasibility of the new product. The model should include the following:

    • Technical accomplishments
    • Commercial accomplishments
    • Recommendations based on the scores received


    Review figure 8.3 from your textbook for an example.


    Submit your assignment.

screen-shot-2022-06-03-at-110554-am-rcc1pwir-sxkcyy2o.png screen-shot-2022-06-03-at-110603-am-vu03ouwj-5qzcn5zz.png vasquez-omar-wk-1-new-product-development-qiwdme3s-0bojmyu0.docx
Answered 1 days After Jun 03, 2022

Solution

Tanmoy answered on Jun 05 2022
102 Votes
Feasibility Study        4
FEASIBILITY STUDY
Table of Contents
Introduction    3
Analysis    3
Conclusion    4
References    5
Introduction
    The feasibility study will be for the new water purifier DEWZ which will be manufactured by Visible Water company. This water purifier will be portable and will be structured with Bluetooth and reverse osmosis technology.
Analysis
    The Scoring Model of DEWZ will be as follows:
    Category
    Facto
    Scale
    Score
    Weight
    Weighted Score
    
    
    1
    2
    3
    4
    5
    
    
    
    Technical Accomplishment
    Technical task difficulty
    Very difficult
     
     
     
    Easy
    5
    4
    20
    
    Research skills required
    None required
     
     
     
    Perfect fit
    5
    4
    20
    
    Developmental skills required
    None required
     
     
     
    Perfect fit
    3
    4
    12
    
    Technical equipment
    None required
     
     
     
    Have them
    4
    4
    16
    
    Rate of technological changes
    High/ e
atic
     
     
     
    Stable
    5
    4
    20
    
    Design superiority assurance
    None
     
     
     
    Very high
    4
    5
    20
    
    Patent
    None
     
     
     
    Have patent
    2
    5
    10
    
    Technical service required
    None required
     
     
     
    Have it all
    5
    5
    25
    
    Manufacturing processes
    Have none required
     
     
     
    Have them now
    4
    5
    20
    
    Vendor...
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