Originally posted by laurass
does anyone have any idea how to answer this, or even what it means:
"Discuss how the efficient use of modularised components minimises the obsolescence effect on the long-term profitability of a product?"
What this question is getting at a couple of things...
* Firstly it is highliting the fact the modularised components allow for
easy interchangability and replacement. For example Lets use the "Lounge chair" as an example. If it has modularised components and one is "fabric that goes over the frame"and lets say some idiot spills coffee on the fabric it can be replaced with "new" fabric without having to buy a new chair. Therefore this
reduces the obsocelnce.
* Secondly it is asking you to discuss the other side of the obsoclence, the
manufactuer. The effect it has on the manufacturer is that the chair will last longer, and in theory they will get
less profits than a chair that has to be replaced constantly. However this is in theory, because they can charge a premium on parts and earn profits this way. This way the chair gains a "good reputation" and benefits both the consumer and the manufactuer...
Hope this could help