Technical Feasibility Study Assignment Sample
Slide 1: Introduction
- Definition
- Significance
Technical feasibility assesses the specific diverse plan of the master structure and regularly consolidates picking in case the master framework can be executed with best in class strategies and instruments. By goodness of master frameworks, an immense piece of particular believability is picking the shell wherein the construction will be made. The shell used to empower a specialist construction can be a tremendous determinant to its quality and makes it key to the framework’s flourishing. Other than the significant attributes of a specialist framework shell will rely on the undertaking and space necessities, the shell should be acceptably flexible to join expert thinking into the construction sensibly. It should also be effectively merged with existing PC based frameworks. Moreover, a shell giving an easy to use interface urges end clients to utilize the framework much more than an enormous piece of the time.
Slide 2: Importance
- Acceptance criteria
- Methods of Technical feasibility
In this time of advanced assessment, specialized achievability is viewed as one of the most conclusive shows to choose digitization materials. The genuine traits of source material and the endeavor targets for getting, presenting and taking care of the high level intermediaries direct the particular requirements. Libraries ought to evaluate those necessities for each project and choose if they can be met with the resources available. If the current staff, gear and programming resources can’t meet the essentials, the endeavor will expect financing to upgrade equipment or enroll an outside change association (Ito et al. 2018). Accepting these resources are not available, of course in the event that the development doesn’t exist to meet the requirements, then, it isn’t true that it is possible to digitize that material.
Several considerations are available for technical feasibility such as Image capture, Presentation, Description, Human resources etc. In this project, presentation is considered for evaluating the aspect of technical feasibility for Hatfield-Z Digital Equipment Rental Services.
Slide 3: Illustration
- Suki-Yaki sauce production
- Implementation of Technical feasibility
Presently, the manufacturing plant for Suki-Yaki sauce creation for the situation concentrate on has been utilizing laborers in each progression of the cycle. The cycle is exceptionally tedious and presently the creation rate nearly surpasses as far as possible, while the market request is continually expanding. The proprietor of the association wishes to buy machines to help the creation, lessening the time and furthermore working on the quality also (Mousavi-Avval et al. 2020). Notwithstanding, a machine is an enormous venture and each machine should be custom – made, shifting the expense extensively. Development rate and expectation of creation volume show the interest of every year from 2020-2025. Earning back the original investment point was utilized to consider the instance of utilizing a filling and a pressing machine (Medeiros et al. 2018). At last, consider the Net Present Value and Internal Rate of Return to decide the benefit that utilizing both the filling and pressing machine can give. Results are the interest in 2020 is more noteworthy than the current limit. A filling and a pressing machine can expand a limit more prominent than an interest in 2020-2025 at a similar development rate. Thus, NPV and IRR gave the productivity of an extended venture as sure.
Slide 4: Level 0 flow diagram
Slide 5: Level 1 flow diagram
Slide 6: Discussion
- Benefit
The current market condition of the global market requires much attention to sustain. Organizations are required to focus on different factors of analysis for improving their performances. But the fact is that proper investigation of business processes is not sufficient for current market situations. Moreover a small business doesn’t consist of much complication of business processes. The area of attention in such cases is smaller as compared to multinational business. If the organization is growing rapidly, the company has to adopt some prerequisite formula to make the business process strong. In case of Hatfield-Z Digital Equipment Rental Services, the company has developed so much recently and is seeking some technique that can increase supply chain management and can accrue more engagement of customers. Hence implementation of technical feasibility can be a better option for the organization to improve business strategy and fulfill customer needs (Lowenberg-DeBoer et al. 2019). The level 0 flow diagram is the initial flow process of the business infrastructure. In this process, customers can enlist themselves with the organization and process their enquiry and requirement for materials. Customers can order their product and get information regarding product delivery or certain situations if the products cannot be delivered. Level 1 flow chart is the process, where organizational behavior will be discussed with the reference of digital technology.
Slide 7: Conclusion
- Possibilities
Technical feasibility is a good process of consideration to maintain organizational behavior and manage work processes in an effective way. Organization like Hatfield-Z Digital Equipment Rental Services can adopt this technology to increase their manufacturing process and customer management in an effective way. In case of rental services, minimal record of equipment and customers’ details are required to observe on a daily basis. The flow diagram may look complicated but the technology provides a simple interface for their customers. Hence organization and customers, both get benefit of product management and product rent. Moreover, companies can get their product details and manage customers in an effective way. Complication of customer management will be reduced and management of renting products will be efficient as customers details will be mentioned clearly in the interface (Fuldauer et al. 2018). Hence managing the productivity and customer engagement will increase. Companies will get more benefit for any kind of certain operations.
Slide 8: Recommendation
- Technical aspects
While implementing technical feasibility, it is mandatory to focus on technical aspects. Customers will be involved in online services in order to make an engagement with the organization. Customers may get complicated while adopting this technology as they are habituated with traditional business approaches. Customers may get complications while enlisting them with the organization (Bagagiolo et al. 2017). Technical difficulty may occur due to many issues. Hence companies have to make observations on these facts to control their customers’ requirements.
Reference List
Journals
Ito, S., Ukawa, T., Kishimoto, N., Kato, M. and Otsu, H., 2018. Technical feasibility of electrochemical Fenton-type process using Cu (I)/HOCl system. Journal of Water and Environment Technology, 16(2), pp.73-82.
Medeiros, M., Booth, R., Fairchild, J., Imperato, D., Stinson, C., Ausburn, M., Tietze, M., Irani, S., Burzlaff, A., Moore, H. and Day, J., 2018. Technical Feasibility of Compressed Air Energy Storage (CAES) Utilizing a Porous Rock Reservoir (No. DOE-PGE-00198-1). Pacific Gas and Electric Company, San Francisco, CA (United States).
Lowenberg-DeBoer, J.M., Behrendt, K., Godwin, R.J. and Frankin, K., 2019. The impact of swarm robotics on arable farm size and structure in the UK.
Fuldauer, L.I., Parker, B.M., Yaman, R. and Borrion, A., 2018. Managing anaerobic digestate from food waste in the urban environment: Evaluating the feasibility from an interdisciplinary perspective. Journal of Cleaner Production, 185, pp.929-940.
Bagagiolo, G., Laurendi, V. and Cavallo, E., 2017. Safety improvements on wood chippers currently in use: a study on feasibility in the italian context. Agriculture, 7(12), p.98.
Kupin, A., Kuznetsov, D., Muzyka, I., Paraniuk, D., Serdiuk, O., Suvorov, O. and Dvornikov, V., 2018. The concept of a modular cyberphysical system for the early diagnosis of energy equipment. Восточно-Европейскийжурналпередовыхтехнологий, (4 (2)), pp.72-79.
Barutha, P., Nahvi, A., Cai, B., Jeong, H.D. and Sritharan, S., 2019. Evaluating commercial feasibility of a new tall wind tower design concept using a stochastic levelized cost of energy model. Journal of Cleaner Production, 240, p.118001.
Wang, Z., Zheng, F. and Xue, S., 2019. The economic feasibility of the valorization of water hyacinth for bioethanol production. Sustainability, 11(3), p.905.
Tzelepis, D., Fusiek, G., Dyśko, A., Niewczas, P., Booth, C. and Dong, X., 2017. Novel fault location in MTDC grids with non-homogeneous transmission lines utilizing distributed current sensing technology. IEEE Transactions on Smart Grid, 9(5), pp.5432-5443.
Azar, E.R. and Kamat, V.R., 2017. Earthmoving equipment automation: A review of technical advances and future outlook. Journal of Information Technology in Construction (ITcon), 22(13), pp.247-265.
Martyn, A., Openko, I., Ievsiukov, T., Shevchenko, O. and Ripenko, A., 2019. Accuracy of geodetic surveys in cadastral registration of real estate: value of land as determining factor. In 18th International Scientific Conference. Engineering for Rural Development (pp. 22-24).
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