Your work as a project manager at the computer chip manufacturer, developing*86 micro-processors. As predicted by moore’s law each year your companies introduces new models of micro-processors which are more faster and powerful then their predecessors. Micro- processors that are obsolete or do not sell are quickly retired from production. The lifecycle for the micro-processors begins in R&D, extends to manufacturing, and finally ends with phase out. This cycle is often referred to as:
A. Feedback loop
B. Product development
C. Product lifecycle
D. Project lifecycle
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