Modern manufacturing systems are facing a globally competitive market to an extent not experienced before. This competitive pressure forces manufacturers to produce more products with shorter life span and better quality, yet at a lower cost. To succeed in this environment, manufacturing firms...

Market characteristics, including intrinsic demand and customer sensitivity on price and product performance level, are distinct at different markets. Comparisons of various product development strategies in one market or two geographically separated markets are conducted for three classes of...

A market-based strategy is proposed for joint decisions on price, delivery time, service level, and supplier selection or investment. Product or service demand is modeled as a linear function of attributes including price, guaranteed delivery time, service level, or other quality-like...