Question

In: Operations Management

Ethical Challenges in Research and Development: Should best materials be used or second best to save...

Ethical Challenges in Research and Development:

  • Should best materials be used or second best to save money?
  • Should a full battery of tests be run or just computer simulations?

Solutions

Expert Solution

I believe that we should use best materials for the purpose of saving money. Many people would argue that using second best material would be a doable option but on the long run basis, it would only cost you more as that would require more maintainance and repair costs as compared to the best material. For example, buying a refrigerator from LG being the best fridge and another refrigerator from Panasonic as second best wouldn't have much difference but still, LG would have best customer service and durability of the product because it is a better brand. On the other hand, Panasonic would also be good enough but would still have some problems being the second one would would thus be coming out together and would only increase our costs and wouldn't help to save money like the best one would.

In this case, I would say that a full battery test would be better than computer simulations. Full battery test would reveal better results and assesment analysis rather than having a computer sinulation which would only be used for modeling and structuring. Thus, battery tests is better effective and efficient.


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