Time of Development in Relation to Cost

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The development cost is always in relation to the products lifetime. Thus, as an example, the product lives four units while the development of the product takes two units, the factor will be 4:2, and as if we shorten the development time by half will be 2:2! That is a 50% cost reduction that can be applied to other matters of interest! So we always have to look at the development time/cost in relation to the product time/cost.

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