Great discussion !
Maybe we can postulate some of this mathematically...
(my ten year old son thinks "word problems" should be eradicated from the
earth, but can't avoid it in this case...)
Suppose a product "P" needs compliance certification "C".
And suppose that the life of product P has a timeline "T" including
certification testing "Tt" and customer use "Ut".
Also suppose there are two unknown quantities: compliance margin "M", and
profit due to margin M we shall call "Pm".
M = ??
Pm = ??
So the question is this:
What value of M will maximize Pm ?
My solution:
If there is no product without certification then:
P = C,
and
Tt < Ut
However,
for time T <= Tt Pm <= 0
for time T >= Ut Pm >= 0
Also- we all have past experience that tells us that
if T >= Ut
and if M ~= 0
then Pm can be negative (and many people start asking me for
daily updates!!! )
Rats !
I still can't figure out a general rule for the value of M that maximizes
Pm !
This sounds more like a business question than an engineering question.
Makes one wonder why engineers are asked to solve this equation,
instead of a combined team of engineers and business leaders.
Best Regards,
Patrick.
[email protected]
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