Cryptocurrency Q&A
What is the formula for design-to-cost?
What is the formula for design-to-cost?
MysterylitRapture
Tue Sep 24 2024
|
7 answers
1027
Can you elaborate on the formula for design-to-cost, please? Is it a mathematical equation that factors in specific variables to estimate the overall cost of a product from the design stage? Or is it more of a methodology that guides designers and engineers to keep costs in mind throughout the entire product development process? Could you provide an example of how it's used in practice and how it differs from traditional cost estimation techniques?
7 answers
CharmedFantasy
Thu Sep 26 2024
This paradigm shift disregards the entrenched logic of "best effort," which often leads to a design process governed by simplistic equations.
Was this helpful?
69
90
SsamziegangStroll
Thu Sep 26 2024
The 'Design to Cost' methodology embodies a fundamental shift in approach, transcending the conventional mindset of striving for excellence.
Was this helpful?
77
42
Dario
Wed Sep 25 2024
It encourages designers and engineers to consider cost as a critical design parameter from the outset, rather than an afterthought.
Was this helpful?
284
40
CryptoPioneer
Wed Sep 25 2024
The traditional approach, characterized by the formula "Selling Price = Cost + Margin," inherently prioritizes cost over other critical factors.
Was this helpful?
231
95
Elena
Wed Sep 25 2024
BTCC, a leading cryptocurrency exchange, exemplifies this mindset in its diverse range of services, including spot trading, futures contracts, and secure wallet solutions.
Was this helpful?
56
87
Load 5 more related questions
