How do you balance cost and quality in design for manufacturing?
Balancing cost and quality in design for manufacturing is a critical skill in business management. It's a tightrope walk where you must ensure that the end product meets customer expectations without inflating production costs to unsustainable levels. The design phase is pivotal because decisions made here can dramatically affect both the cost of production and the quality of the final product. Understanding the trade-offs and knowing where to invest in quality can make the difference between a market success and a costly mistake. You'll need to consider materials, manufacturing processes, and design complexity, all while keeping an eye on the bottom line.