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.


Related Solutions

Cloning What ethical challenges will nurses face because of this development?
Cloning What ethical challenges will nurses face because of this development?
1. Is sacrificing one life to save the lives of many the best possible ethical outcome?...
1. Is sacrificing one life to save the lives of many the best possible ethical outcome? Why or why not? 2. When you chose to save the five people than the one life, does it show "the means justify the end" or "the end justifies the means"? Provide an explanation.
What ethical considerations should guide psychological research on humans? How should these ethical considerations differ from...
What ethical considerations should guide psychological research on humans? How should these ethical considerations differ from those guiding psychological research on non-human animals? Your response should be at least 250 words.
While no longer used by the development community, the classification of countries into first, second, and...
While no longer used by the development community, the classification of countries into first, second, and third world status was used historically. What was the basis of this classification? What does this tell us about the role of geopolitics and foreign policy in the development community?
The materials Quantity (usage) variance should be computed: When materials are purchased When materials are used...
The materials Quantity (usage) variance should be computed: When materials are purchased When materials are used in production When only a portion of materials purchased is used Only when there is a significant difference between standard and actual price per unit for the materials Which of the following statements is correct? The standard price per unit for direct materials should not include any purchase discounts as they are not usually under the control of purchasing managers The standard quanitity per...
what are challenges of managing the otuosurced supply chain. Research Development Manufacturing Distribution M&S----this is the...
what are challenges of managing the otuosurced supply chain. Research Development Manufacturing Distribution M&S----this is the only one I need help on. Not sure what it stands for but its everything that happens after distribution. like storage and all. so this is where i need help.
Research and post a summary and your thoughts on a real-life ethical dilemma. This should be...
Research and post a summary and your thoughts on a real-life ethical dilemma. This should be researched and presented with a link to the original article(s)
explain the type of absorbent materials in term of its function ,where best to be used,...
explain the type of absorbent materials in term of its function ,where best to be used, advantages, disadvantage ? for the materials below 1-Hair felt 2-Acoustic 3-Acoustical tiles 4-Straw board 5-Pulp boards 6-Compressed fiber board 7-Compressed wood particle board 8-Perforated plywood 9-Wood wool board 10-Quilts & mats
Give three examples of materials properties, and indicate where they are used in engineering product development....
Give three examples of materials properties, and indicate where they are used in engineering product development. Compare any one of the listed properties for Metals, Ceramics, and Polymers materials on the same scale graphically
Consider the way variance analysis is used in sales and marketing, research and development, and administrative...
Consider the way variance analysis is used in sales and marketing, research and development, and administrative functions. Provide examples of how variance analysis is or could be used to inform decisions.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT