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Overlapping of development stages and interaction between different functions are regarded as important strategies for reducing development lead time. However, overlapping typically requires additional costs for rework and functional interaction increases communication time. This paper presents...
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Persistent link: https://www.econbiz.de/10005158566
In a rapidly changing environment, the priorities derived using the analytic hierarchy process (AHP) approach at one point in time might very likely change in the near future. Thus, in order to adapt to such ever-changing environment, it is of primary importance to be able to follow the change...
Persistent link: https://www.econbiz.de/10005347691
Testing is an important activity in product development. Past studies, which are developed to determine the optimal scheduling of tests, often focused on single-stage testing of sequential design process. This paper presents an analytical model for the scheduling of tests in overlapped design...
Persistent link: https://www.econbiz.de/10008494813
Shorter product life cycles in many industries impel firms to accelerate the product development process. Overlapping development stages, combined with frequent information exchange, is commonly regarded as a core technique for faster product development. However, overlapping and communication...
Persistent link: https://www.econbiz.de/10008483276
We present a robust model for determining the optimal order quantity and market selection for short-life-cycle products in a single period, newsvendor setting. Due to limited information about demand distribution in particular for short-life-cycle products, stochastic modeling approaches may not...
Persistent link: https://www.econbiz.de/10008914570
One of the greatest challenges in managing product development projects is identifying an appropriate sequence of many coupled activities. The current study presents an effective approach for determining the activity sequence with minimum total feedback time in a design structure matrix (DSM)....
Persistent link: https://www.econbiz.de/10011190766