Design Fundamentals: storage box and biodegradable bag
The first product discussed in the assignment is a stainless steel storage box. The purpose of this product is to provide safety in working environments where compressed gas cylinders are often used.
The targeted market for the product includes workshops, labs, and any location where compressed gas is kept in storage or used. Prices may be difficult to estimate as dimensions vary. However, it was recommended that $199 should be the price for a cabinet used to store four 15kg cylinders.
The second product discussed is a low-cost biodegradable bag to be used in shopping outlets. The purpose of the product is to reduce environmental problems caused by the excessive use of plastic bags. The bags will be produced in varying sizes and can be used for promotion by outlets. Pricing is difficult due to varying size though estimates indicate the largest bags measuring 20X4X30 inches should cost 10 cents each.