Faculty Advisor

Towner, Walter Thomas

Faculty Advisor

Vassallo, Helen G.

Abstract

The main objective of this Major Qualifying Project was to evaluate and update the design of a product launch tracker at our sponsor, Mack Molding. The methods used to achieve our goal were Axiomatic Design, research of management and implementation tools, employee insight, stochastic modeling and an engineering financial analysis. Through these methods it was identified that the tracker could be designed into a hybrid of both a phase gate and milestone tracker, to create an accurate forecasting tool. It is recommended the updated phase tracker for reducing non-value added time in the launch process and rework of tools. The feasibility of the tracker was studied through an engineering economic analysis that displayed the savings that would be achieved over a two-year period.

Publisher

Worcester Polytechnic Institute

Date Accepted

February 2017

Major

Management Engineering

Major

Industrial Engineering

Project Type

Major Qualifying Project

Accessibility

Unrestricted

Advisor Department

Business

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