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Designing And Inventing New Technologies Essay

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When it comes down to being an engineer, many people think it is all about designing and inventing new technologies. In reality, an engineer must be able to do many things in order to be a good one. Some of these things are drawing and designing, being imaginative and creative, being logical, and exploring every possible outcome. But one of the most important things an engineer must be able to do is combine all of these skills whilst also keeping the cost to produce their invention as low as possible. This can prove to be very challenging as many factors must be taken into account. There are often also many conflicts between an engineer’s new inventions and total cost minimization. Some inventions may not even be possible to make solely because it would be so costly to create, and no profits would be made on the resulting technology. As engineers continue to make more technological innovations every day, total cost minimization is actually becoming increasingly more important as well. This is one of the most important things up and coming engineers must understand, as they must understand this concept inside and out for their future designs and possible innovations

Total cost minimization is one of the quintessential factors of being a good engineer. Total cost minimization is the ability to mass produce a technology at the lowest possible cost. Minimizing the cost is done by creating the technology with cheaper materials, or making it as simply as possible with fewer

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