About this document
Data Processing and Analysis Techniques by Prabhakar Rao is a document available to read on EtoBox.
Consumer goods and ideas can become obsolete when replaced by newer versions with more features or uses. Planned obsolescence is when companies consciously design products to have limited lifespans to drive repeat purchases. There are two main types - technical obsolescence when products cannot be repaired or interconnected with newer items, and style obsolescence in fashion-driven industries where continual new designs are introduced. Companies estimate product lifespans to determine minimum component cost
- Author
- Prabhakar Rao
- Language
- EN