Jamal industries, a manufacturing company that produces products of the True
Value brand, is to introduce a new product at lower cost than the competitor.
The strategy is to increase volumes, while maintaining the product
specifications.
Apply the systems development cycle to the development of a product of your
choice (clearly indicating activates involved), ensuring the product is produced
at lower cost that enables a selling price 20 percent less than competitors. [Note:
include conception, definition, execution and operations phases of systems
development cycle; make any assumption you may deem necessary].