Content, progress and pedagogy of the
module
The aim is to enable the students to acquire an understanding of
how product features and product structure will determine the
possibilities and limitations in the whole product lifecycle. This
includes cost and adaptability related to production, sales,
installation, service, and recycling.
Students who complete the module:
Learning objectives
Knowledge
- Must have knowledge of the cost and effort involved in various
ways of constructing, assembling and manufacturing products and
product components
- Must have knowledge of the relationship between a given product
structure and the limitations and possibilities in different
lifecycle situations
- Must be able to demonstrate knowledge of central theories and
methods used in product families and product platforms
- Must have knowledge of the theories and methods of project
management and of the financial aspects of product development
(e.g. budgeting)
- Must have knowledge of basic technology and market scanning
tools, basic methods for carrying out trend and competitor analysis
and of the market-specific relation between cost of production and
retail price point
Skills
- Must be able to give a rough estimation of production costs of
a given product
- Must be able to decide, argue and explain in detail the
relationship between the design of the proposed method of
construction, assembly and production and its market potential and
price point and subsequently account for the implications for these
of any changes in design
Competences
- Must be able to argue for the relationship between retail price
and expected sales (in units) of a given product and from this
specify the maximum acceptable production costs
- Must be able to design and construct a simple product within a
given price point using specified materials, production
methods/processes and assembly methods
Type of instruction
See general description of the types of instruction described in
the introduction to Chapter 3.
Exam
Exams
Name of exam | Production and Economy |
Type of exam | Written or oral exam |
ECTS | 5 |
Permitted aids | Without aids |
Assessment | Passed/Not Passed |
Type of grading | Internal examination |
Criteria of assessment | As stated in the Joint Programme
Regulations. |