Product Lifetime
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Product Lifetime
Product lifetime or product lifespan is the time interval from when a product is sold to when it is discarded. Product lifetime is slightly different from service life because the latter considers only the effective time the product is used. It is also different from product economic life which refers to the point where maintaining a product is more expensive than replacing it; from product technical life which refers to the maximum period during which a product has the physical capacity to function; and from the functional life which is the time a product should last regardless of external intervention to increase its lifespan. Product lifetime represent an important area of enquiry with regards to product design, the circular economy and sustainable development. This is because products, with the materials involved in their design, production, distribution, use and disposal (across their life cycle), embody carbon due to the energy involved in these processes. Therefore, if pr ...
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S1 BWH10-8-02
S1, S01, S.I, S-1, S.1, Š-1 or S 1 may refer to: Biology and chemistry * S1 nuclease, an enzyme that digests singled-stranded DNA and RNA * S1: Keep locked up, a safety phrase in chemistry * Primary somatosensory cortex, also known as S1 * Tegafur/gimeracil/oteracil, also known as S-1, a chemotherapy medication Entertainment * S1 (Indian TV channel), a Hindi-language channel * S1 (Swiss TV channel), a German-language channel * S1 (producer), a hip hop producer, member of the group Strange Fruit Project * S1 No. 1 Style, a Japanese adult video company * Gibson S-1, a guitar made by the Gibson Guitar Corporation * A member of the S1W (group) that later became part of the music group Public Enemy. Government * Bill S-1, a pro forma bill in Canadian Parliament * Form S-1, a U.S. Securities and Exchange Commission filing * S-1 Executive Committee, a United States government entity during World War II * S1 (military), an administrative position within military units Technology * ACPI ...
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Likert Scale
A Likert scale ( ,) is a psychometric scale named after its inventor, American social psychologist Rensis Likert, which is commonly used in research questionnaires. It is the most widely used approach to scaling responses in survey research, such that the term (or more fully the Likert-type scale) is often used interchangeably with '' rating scale'', although there are other types of rating scales. Likert distinguished between a scale proper, which emerges from collective responses to a set of items (usually eight or more), and the format in which responses are scored along a range. Technically speaking, a Likert scale refers only to the former. The difference between these two concepts has to do with the distinction Likert made between the underlying phenomenon being investigated and the means of capturing variation that points to the underlying phenomenon. When responding to a Likert item, respondents specify their level of agreement or disagreement on a symmetric agree-disa ...
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Product Design
Product design is the process of creating new Product (business), products for businesses to sell to their customers. It involves the generation and development of ideas through a systematic process that leads to the creation of innovative products. Thus, it is a major aspect of new product development. ''Product design process:'' The product design process is a set of strategic and tactical activities, from idea generation to commercialization, used to create a product design. In a systematic approach, product designers conceptualize and evaluate ideas, turning them into tangible inventions and products. The product designer's role is to combine art, science, and technology to create new products that people can use. Their evolving role has been facilitated by Digital data, digital tools that now allow designers to do things that include communicate, visualize, analyze, 3D modeling and actually produce tangible ideas in a way that would have taken greater human resources in the p ...
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Whole-life Cost
Whole-life cost is the total cost of ownership over the life of an asset. The concept is also known as life-cycle cost (LCC) or lifetime cost, and is commonly referred to as "cradle to grave" or "womb to tomb" costs. Costs considered include the financial cost which is relatively simple to calculate and also the environmental and social costs which are more difficult to quantify and assign numerical values. Typical areas of expenditure which are included in calculating the whole-life cost include planning, design, construction and acquisition, operations, maintenance, renewal and rehabilitation, depreciation and cost of finance and replacement or disposal. Financial Whole-life cost analysis is often used for option evaluation when procuring new assets and for decision-making to minimize whole-life costs throughout the life of an asset. It is also applied to comparisons of actual costs for similar asset types and as feedback into future design and acquisition decisions. The prim ...
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Waste Minimization
Waste minimisation is a set of processes and practices intended to reduce the amount of waste produced. By reducing or eliminating the generation of harmful and persistent wastes, waste minimisation supports efforts to promote a more sustainable society.. Waste minimisation involves redesigning products and processes and/or changing societal patterns of consumption and production. The most environmentally resourceful, economically efficient, and cost effective way to manage waste often is to not have to address the problem in the first place. Managers see waste minimisation as a primary focus for most waste management strategies. Proper waste treatment and disposal can require a significant amount of time and resources; therefore, the benefits of waste minimisation can be considerable if carried out in an effective, safe and sustainable manner. Traditional waste management focuses on processing waste after it is created, concentrating on re-use, recycling, and waste-to-e ...
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Throwaway Society
The throw-away society is a generalised description of human social concept strongly influenced by consumerism, whereby the society tends to use items once only, from disposable packaging, and consumer products are not designed for reuse or lifetime use. The term describes a critical view of overconsumption and excessive production of short-lived or disposable items over durable goods that can be repaired, but at its origins, it was viewed as a positive attribute. Origin of the term In its 1 August 1955 issue, Life (magazine), ''Life'' published an article titled "Throwaway Living". This article has been cited as the source that first used the term "throw-away society". Rise of packaging waste The last century of economic growth saw both increased production and increased product waste. Between 1906 (the start of New York City waste collections) and 2005 there was a tenfold rise in "product waste" (packaging and old products), from per person per year. Containers and packagin ...
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Sustainable Products
Sustainable products are products either sustainably sourced, manufactured or processed and provide environmental, social, and economic benefits while protecting public health and the environment throughout their whole life cycle, from the extraction of raw materials to the final disposal. Scope of definition According to Belz, Frank-Martin, the definition of sustainable product has six characteristics: * Customer satisfaction: any products or services that do not meet customer needs will not survive in the market in the long term. * Dual focus: Unlike purely environmental products, sustainable products focus on ecological and social significance. * Life-cycle orientation: Sustainable products are environmentally friendly throughout their life. That is, from the moment the raw materials are extracted to the moment the final product is disposed of, there must be no permanent environmental damage. * Significant improvements: Sustainable products contribute to solving socio-ecolog ...
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Product Stewardship
Product may refer to: Business * Product (business), an item that can be offered to a market to satisfy the desire or need of a customer. * Product (project management), a deliverable or set of deliverables that contribute to a business solution Mathematics * Product (mathematics) Algebra * Direct product Set theory * Cartesian product of sets Group theory * Direct product of groups * Semidirect product * Product of group subsets * Wreath product * Free product * Zappa–Szép product (or knit product), a generalization of the direct and semidirect products Ring theory * Product of rings * Ideal operations, for product of ideals Linear algebra * Scalar multiplication * Matrix multiplication * Inner product, on an inner product space * Exterior product or wedge product * Multiplication of vectors: ** Dot product ** Cross product ** Seven-dimensional cross product ** Triple product, in vector calculus * Tensor product Topology * Product topology Algebraic to ...
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Repairability
Repairability is a measure of the degree to and ease with which a product can be repaired and maintained, usually by end consumers. Repairable products are put in contrast to obsolescence or products designed with planned obsolescence. Some private organizations and companies, mostly affiliated with the right to repair movement, assign repairability scores to products as a way of communicating to consumers how easily repairable the product is. French repairability index Since 2021, some smartphones, laptops, televisions, washing machines, lawnmowers and other electronic devices sold in France have been required to report a ''repairability index'' () which rates how repairable a product is on a scale from 0 to 10, primarily to prevent corporate greenwashing and encourage environmental transparency. Products are evaluated on 5 key areas: documentation, disassembly, spare parts availability, spare part pricing, and product specifics. The French scorecard took inspiration from i ...
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Planned Obsolescence
In economics and industrial design, planned obsolescence (also called built-in obsolescence or premature obsolescence) is the concept of policies planning or designing a good (economics), product with an artificially limited Product lifetime, useful life or a purposely frail design, so that it becomes obsolete after a certain predetermined period of time upon which it decrementally functions or suddenly ceases to function, or might be perceived as fashion, unfashionable. The rationale behind this strategy is to generate long-term sales volume by reducing the time between repeat purchases (referred to as "shortening the replacement cycle"). It is the deliberate shortening of the lifespan of a product to force people to purchase functional replacements. Planned obsolescence tends to work best when a producer has at least an oligopoly. Before introducing a planned obsolescence, the producer has to know that the customer is at least somewhat likely to buy a replacement from them in ...
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Maintainability
Maintainability is the ease of maintaining or providing maintenance for a functioning product or service. Depending on the field, it can have slightly different meanings. Usage in different fields Engineering In engineering, maintainability is the ease with which a product can be maintained to: * correct defects or their cause, * Repair or replace faulty or worn-out components without having to replace still working parts, * prevent unexpected working conditions, * maximize a product's useful life, * maximize efficiency, reliability, and safety, * meet new requirements, * make future maintenance easier, or * cope with a changing environment. In some cases, maintainability involves a system of continuous improvement - learning from the past to improve the ability to maintain systems, or improve the reliability of systems based on maintenance experience. Telecommunication In telecommunications and several other engineering fields, the term maintainability has the following ...
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Durable Good
In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks could be considered perfectly durable goods because they should theoretically never wear out. Highly durable goods such as refrigerators or cars usually continue to be useful for several years of use, so durable goods are typically characterized by long periods between successive purchases. Nondurable goods or soft goods (consumables) are the opposite of durable goods. They may be defined either as goods that are immediately consumed in one use or ones that have a lifespan of less than three years. Examples of nondurable goods include fast-moving consumer goods such as food, cosmetics, cleaning products, medication, clothing, packaging and fuel. While durable goods can usually be rented as well as bought, nondurable goods generally are not rented. Durab ...
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