Product Life cycle
  • 1Introduction
    Type of Production
    Project-based production
    Production Volume
    Low
    Technological Advancement
    Low
    Automation
    Low
    Cost
    High
  • 2Growth
    Type of Production
    Batch production
    Production Volume
    Increasing
    Technological Advancement
    Medium
    Automation
    Medium
    Cost
    Decreasing
  • 3Maturity
    Type of Production
    Mass production
    Production Volume
    High
    Technological Advancement
    High
    Automation
    Medium/High
    Cost
    Low
  • 4Decline
    Type of Production
    Continuous production
    Production Volume
    High
    Technological Advancement
    Medium
    Automation
    High/Medium
    Cost
    Low
  • 5Next Gen
    Type of Production
    Project-based production
    Production Volume
    Low
    Technological Advancement
    Medium
    Automation
    Medium
    Cost
    Medium

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