Feasibility studies are used to assess the practicality of proposed designs for production, including the testing of prototypes with potential consumers.
Topic Synopsis
Feasibility studies are used to assess the practicality of proposed designs for production, including the testing of prototypes with potential consumers.
Key Concepts & Core Principles
- Technical feasibility: Assessing whether the design can be manufactured using available tools, materials, and processes, considering factors like tolerances, assembly methods, and material properties.
- Economic feasibility: Evaluating costs (materials, labour, overheads) against potential revenue or budget, including break-even analysis and return on investment (ROI).
- Legal feasibility: Ensuring compliance with relevant legislation (e.g., CE marking, copyright, safety standards like BS EN 71 for toys) and intellectual property rights.
- Operational feasibility: Determining if the product will function as intended in its real-world context, including user testing, ergonomics, and environmental conditions.
- Scheduling feasibility: Creating a realistic timeline with milestones, considering lead times for materials, manufacturing capacity, and potential delays.
Examiner Marking Points
- Use of feasibility studies to assess the practicality for production of proposed designs
- Testing of prototypes with potential consumers
- Interpretation of statistical analyses to determine user needs and preferences
- Use of data related to human scale and proportion to determine product scale and dimensions