Abstract
Companies must consider associated trade-offs when designing and manufacturing aircraft, including; cost, time, and quality. For a company, it is essential to consider trade-offs, as it is usually not possible to optimize all three at the same time. In other words, prioritizing one or two factors may mean sacrificing or neglecting the remaining factor.
Extract
[...] Compromises related to an aircraft design and manufacturing project Strategic trade-offs in aircraft design and manufacturing Companies must consider associated trade-offs when designing and manufacturing aircraft, including; cost, time, and quality. For a company, it is essential to consider trade-offs as it is usually not possible to optimize all three at the same time. In other words, prioritizing one or two factors may mean sacrificing or neglecting the remaining factor. In Boeing's case, the choice to prioritize cost and time, and less apparently reputation compromised the quality of its design. [...]
[...] References Boeing. (2009, August). Frontiers. Boeing. https://www.boeing.com/news/frontiers/archive/2009/august/aug09frontiers.pdf Yglesias, M. (2019, May 29). The emerging 737 Max scandal, explained. Vox. [...]
[...] Doubts brought to the surface by such incidents actually result in losses higher than those they initially feared, as the competitors gain the trust and interest of commercial fliers and other interested stakeholders. The parameters of ensuring quality could include implementing policies and regulations. Such as a requirement for companies to spend a necessary amount of time on product research and ensure that companies do not skip or rush any steps in the process. Companies must also ensure proper training for all new design changes. Firmer third part supervision or verification may be necessary as well. [...]
