Question

Cereal is an example of a consumer product, where many ________ cost comprehensive prototypes are built since the product has ________ market risk.

Answer 1

There are different types of prototype decisions. Cereal is an example of a consumer product, where many low cost comprehensive prototypes are built since the product has high market risk.

There are different kinds of Prototype Decision when looking at the technical risk compared to the prototype cost. They are:

• Low risk - low cost (printed stuff) : Here, there is no need for comprehensive prototypes.

• Low risk - high cost (ships, buildings) : Here, there is no way one can afford comprehensive prototype.

• High risk - low cost (software) : Here, there a a lot of comprehensive prototypes.

• High risk - high cost (airplanes, satellites) : This often make use of analytical models a lot, have a well throughout planned of comprehensive prototypes

Prototyping is simply known to be the estimation or approximation of the product with its one or more areas of interest.  It has 2 kinds which are Physical prototypes vs. analytical prototypes , Comprehensive (with all the attributes of a product) vs. focused.

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