Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

An article on Wall Street Journal called, "3-D Printing Startup Seeks Niche in Low-Cost Prosthetic Legs". The article is about a startup company called SHC Design Inc. that is using 3D printing to produce custom-made polymer limbs. Mr. Ando lost his right leg right below the knee soon after he was born. When he heard of SHC Designs, he started working with them part time helping with patents. A prosthetic leg was designed for him with a space between his big toe and second toe so he could wear sandals, which is something he thought he would never be able to wear. What first drew me in to this article is 3D printing. This technology is so fascinating and SHC Designs are able to make prosthetic limbs for a fraction of the cost. While insurance generally pays the high cost of an artificial leg, there are not many options for the folks wearing them. The company also wants to provide the product to those in need. For example, there are about 350,000 people in the Philippines that need prosthetic legs and 90% of those folks cannot afford it. More than 100,000 of those people, who cannot work without a prosthetic, could get back to work if they had one. Tom Fise from the American Orthotic & Prosthetic Association sees potential durability issues compared to the standard legs since different materials are used. SHC hasn't had any durability issues in the trials so far but if the 3D printed leg did wear out, you would be able to print another one quickly and cheaply with the stored data. The textbook mentions four categories for competitive priorities: Cost, Quality, Time and Flexibility. I believe that SHC Designs is well on their way to meet each of these categories.

What's your response?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92035235

Have any Question?


Related Questions in Operation Management

A recently negotiated union contract allows workers in a

A recently negotiated union contract allows workers in a shipping department 21 minutes for rest, 8 minutes for personal time, and 11 minutes for delays for each four hours worked. A time study analyst observed a job tha ...

1 when a company is faced with a complicated problem what

1. When a company is faced with a complicated problem, what should they do centralize or decentralize decision-making? Explain why. 2. According to Joseph Heath, some understand shareholder theory as “more realistic,” tr ...

Imagine a school with a face-to-face mba program planning

Imagine a school with a face-to-face MBA program planning to venture into offering an online MBA program for the first time. What are some risks that you might anticipate if you were a PMgr trying to plan such a project? ...

1 what are the key components of return explain each

1. What are the key components of return? Explain each component. 2. Name five sources of risk which investors may face. 3. Define systematic risk and explain how it differs from nonsystematic risk? 4. List the three typ ...

Find three commercial sites that operate in three different

Find three commercial sites that operate in three different markets and offer affiliate programs. Write up a summary: What do they sell? What do their affiliate programs promise, and in return for what? Classify each pro ...

How will you define being differentthink about a situation

How will you define "being different"? Think about a situation where you had to experiece "being different". How did the situation end? Principles of Management Post must be a minium of 250 words

1 evaluate the writers viewpoint on the subject whispers

1. Evaluate the writer's viewpoint on the subject (Whispers from the grave) 2. Describe trade-offs that must be considered when making revenue management decisions. 3. Identify conditions under which revenue management t ...

1 a managers activities are often analyzed and classified

1. A manager's activities are often analyzed and classified according to the following set of managerial functions: planning, organizing, leading, and controlling. Classify following activities by functions: a. Explainin ...

1 what three strategies are there for incorporating tracer

1. What three strategies are there for incorporating tracer methods in a healthcare facility. 2. A repairman at a local metal working shop services their five drill presses. Service time averages 12 minutes and is expone ...

1 how was emotional intelligence defined by salovey and

1. How was emotional intelligence defined by Salovey and Mayer? What are the components of the Mayer, Solovey, and Caruso model? What does the model suggest about leadership? 2. Discuss three ways to improve technical co ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As