![]() we again goes to the synthesis.Īfter all these steps, we finally make a prototype of the part which we are designing. After we analyze and optimize the design again if we are not satisfied after evaluation, we again iterate i.e. ![]() Here is the iteration between step 3 and 4 we analyze, find the fault, then again synthesize, again analyze and iterate and iterate again until we would be able to get satisfactory result. Traditionally, the design process contains the following steps: Products require different marketing, financing, manufacturing, purchasing, and human resource strategies in each life cycle stage.Product sales pass through distinct stages, each posing different challenges, opportunities, and problems to the seller,.To say that a product has a life cycle is to assert three things: Product life cycle (PLC) has to do with the life of a product in the market with respect to business/commercial costs and sales measures. The product life cycle goes through multiple phases, involves many professional disciplines, and requires many skills, tools and processes. A similar life-cycle is seen in the case of products. birth, growth, maturity, decline and death. ![]() From birth to death, human beings pass through various stages e.g. Product life cycle (PLC) Like human beings, products also have a life-cycle. ![]()
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