Life cycle
What is the life cycle of the product? Find what kind of stage the product life cycle has. Pick up one product (for example, car, train, airplane, smartphone) and discuss the life cycle of it.
IND2410 Industrial Design II Spring 2019
A City Tech OpenLab Course Site
Life cycle
What is the life cycle of the product? Find what kind of stage the product life cycle has. Pick up one product (for example, car, train, airplane, smartphone) and discuss the life cycle of it.
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Life cycles of product is similar to life time of a product, which all people had: From the product developed, brought into and being removed from the market.
There are 4 stages of it: Introduction, growth, maturity, and decline.
A product which best describes the life cycles of product will be smartphones like the new Iphone XR, which currently is on the growing stage of life cycle of product. Since this new product was announced in September 2018 for release, which the development of prototypes should start earlier than the announcing time.
References:
https://www.investopedia.com/terms/p/product-life-cycle.asp
The product life cycle describes the period of time over which an item is developed, brought to market and eventually removed from the market.
The five stages in the product life cycle are product development, introduction, growth, maturity, and decline.
The lifecycle of a car begins and ends in a factory. During the manufacturing phase, countless materials are used to make many different parts. Metal is needed for the body of the vehicle, plastic is used in the interior and parts of the body, glass is needed for the windows, and cloth and leather are used to upholster the interior. Although it depends on the manufacturer, typically a quarter of a vehicle is composed of recycled parts. All of these recycled and raw materials enter into the manufacturing facility, and finished vehicles are produced, packaged and distributed to dealerships. The average car will go through three to five owners in its lifetime, and typically have a useful lifespan of 13 years or 165,000-200,000 miles before it is scrapped. Eventually, after it’s been driven for the entirety of its useful life, every car will break down for a final time. But that is not the end of its usefulness.
The Product Life Cycle are four stages that products go through from their introduction into the market to their decline at the end. The four stages of the product life cycle are, introduction, growth, maturity, and decline. One example of a product in its life cycle would be the VCR. The first VCR to use VHS was the Victor HR-3300, and was introduced by the president of JVC in Japan on September 9, 1976. JVC started selling the HR-3300 in Akihabara, Tokyo, Japan on October 31, 1976. In this introduction phase, the market was small and not too many could afford this new technology. It gained in sales when the technology advanced and VHS became available for the wider home markets. By the mid 80’s, the VCR was at its peak. This was its maturity phase. it wasn’t until other recording devices, like the DVD and the Blu-ray were introduced, that it fell into its decline phase.
The life-cycle of a product describes the period of time of an item from its development to its end phase.
There are 4 different phrases or stages to the life-cycle of a product which is the introduction, the growth, the maturity and the decline of the product.
An example of the cycle is the iPhone. The first iPhone was first introduced back in 2007 by Steve Jobs. The growth of the iPhone increases over time. A lot of improvement and versions were made with new features added in over time.
The product “life cycle” describes the stages a product goes through from when it was first thought of until it’s finally removed from the market. Not all products reach this final stage. Some continue to grow and others rise and fall.
there are 5 stages of a product’s life cycle. they are: product development, introduction, growth, maturity, and decline.
Video game consoles usually have a life span of 5-7 years. a video game console is primarily used by consumers for playing video games in the comfort of their homes. a new game console begins its development stages while current consoles are still on the market. The consoles are usually introduced to the public at big electronic expos like E3 or CES. When the consoles become available to the public more software and peripherals are produced for it, more games become readily available for consumers. These gaming machines will have a large library of games, improved graphics and gameplay as the console reaches maturity. The decline of a gaming console usually starts when the introduction of newer, better and more powerful one gets introduced to the market.
https://cdn-images-1.medium.com/max/2000/0*fI5sy4wg4t5002Dm.
https://image.slidesharecdn.com/nintendostrategicmanagementofchange2012-120724221133-phpapp01/95/nintendo-ltd-strategic-management-of-change-2012-20-728.jpg?cb=1343168053
Life Cycle
All products progress sequentially through four stages of existence: introduction, growth, maturity, and decline.
-The introduction stage is the official birth of a product.
-The growth stage. The design focus In this stage is to scale the supply and performance of the product to meet the growing demand, and provide the level of support necessary to maintain customer satisfaction and growth.
-The maturity stage. The design focus at this stage is to enhance and refine the product to maximize customer satisfaction and retention.
-The decline stage is the end of the life cycle. Product sales continue to decline and core market share is at risk.
-Life Cycle of a Digital Camera-
According to statistical data compiled by Camera & Imaging Products Association, the penetration volume of main consumer durable about digital cameras was 32% in 2003, 53.7% in 2006, 69.2% in 2009 .
The concept of digital cameras in this study includes both camera with built-in lenses and SLR with interchangeable lenses because these cameras have many common functions. Digital cameras with built-in lens continued to grow rapidly from 1999 and reached a peak in 2003.
The unit price of digital cameras with built-in lens dropped dramatically in 2003 and has continued since then to decrease. The unit price of digital SLR cameras with interchangeable lens also begun to decrease in 2003.
The volume of shipment of digital camera declined in 2003.
http://www.ip-tanaka-lab.com/pdf/Hiroaki_Nagatsuka/Hiroaki_Nagatsuka_02.pdf
The five stages of a product life cycle are product development, introduction, growth, maturity, and decline. This cycle describes the time between a product’s conceptual stage to its removal/disposal from its everyday use function and everything process in between.
The product life cycle of shoes
(1) Raise and Extract:
Shoes now a days are made from rubber, plastics, and other petrochemical derived products. (Petrochemicals are made from petroleum). Canada is the largest importer of Petroleum to the United States.
(2) Process
We already learned how we get petroleum to put the rubber/petrochemicals into the base of the shoe. Shoes are not made by hand except the insoles getting put into the shoes. Shoes are built by machines like most products now a days. There are different machines to make the different parts.
(3) Manufacture
The United States imports petroleum from
other countries. The leading country is Canada.
Than what we do is we break down that crude oil
they give us into petroleum which is than used make the lower treads of the shoes. Than depending on the shoe the body is made and the insole is put into the shoes (the insole is the bottom of the inner shoes, cushoning).
(4) Use
The products are put into shoes stores. The most known shoe stores
around the world are Footlocker and Champs Sports. They sell Nikes
and Jordans. If you know shoes those are 2 of the most expensive but
best looking shoes. Use of shoes should not be long. They say shoes
should be used only for 300-500 miles until your insoles are battered and
done. This varies for different sizes and activites that take place.
(5) Dispose
What a lot of people do with there shoes is they donate them to charities
such as the Redcross which helps homeless people get the clothes they need
to not be frigid cold in the winter and not super hot in the summer. Also people
send them to other organizations that send to the poorest of countries like Haiti and
all of Africa. Some people also throw them away in the trash which is not the best use of our garbage systems. There are also huge organizations like Nike which are teaming up with other organization to get into people heads to recycle your shoes which would be used to reuse the old tattered ones.