Product Process Matrix
The product process matrix merges the lifecycle of two important aspects the product and the process. Reviewing investment decisions for plants and equipment in terms of their consistency with product and.
Product Process Matrix Download Scientific Diagram
The product process matrix identifies.
Product process matrix. The hayes wheelwright matrix also known as the product process matrix is a tool to analyze the fit between a chosen product positioning and manufacturing process. All of the above. The first being product structure product life cycle and the second is process structure process life cycle.
The relationship between volume and product variety and the corresponding process c. Abstract the product process matrix is a model that is used to demonstrate the combination of a product s or product group s volume and variety characteristics and the nature of the processes that makes it. Additional uses of the matrix include.
Analyzing the product entry and exit. Question 1 br 1 pts br the product process matrix categorizes manufacturing process structures based on how the volume of overall output relates to the variety flexibility and cost of an individual unit of output. Determining the appropriate mix of manufacturing facilities identifying the key manufacturing objectives for each.
Asked 26 minutes ago in business by tonyatrre. The first dimension of the matrix the product lifecycle is a measure of the maturity of the product or market. The matrix is made up of two dimensions that help to illustrate the linkage between the type of product produced and the production process.
The matrix has remained more or less unchanged though some later writers insert the. The first aspect of the process structure process life cycle dimension of the matrix is the process. Wiley encyclopedia of management browse other articles of this reference work.
It ranges from highly customized products with low volumes to highly standardized products with high volume. Mismatches between product and process d. Using a product process matrix exhibit i suggests one way in which the interaction of both the product and the process life cycle stages can be represented.
The right process for the right product b. In this matrix as volume increases and the product line narrows the horizontal dimension specialized equipment and standardized material flows the vertical dimension become economically feasible. The relationship between the different types of processes and their respective volume requirements is often depicted on a product process matrix shown in exhibit 3 8 which is adapted from the widely cited hayes and wheelwright product process matrix.
The rows of this matrix represent the. The product lifecycle contains the evolution of the product everything from the ideation of the product to its growth or decline is included in the product lifecycle.
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