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  4. Introducing a framework to generate and evaluate the cost effects of product (family) concepts
 
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Introducing a framework to generate and evaluate the cost effects of product (family) concepts

Citation Link: https://doi.org/10.15480/882.4513
Publikationstyp
Conference Paper
Date Issued
2021-07-27
Sprache
English
Author(s)
Mertens, Kai Gustav  
Schmidt, Mark  orcid-logo
Yildiz, Tugba 
Meyer, Matthias  
Institut
Controlling und Simulation W-1  
TORE-DOI
10.15480/882.4513
TORE-URI
http://hdl.handle.net/11420/10811
Journal
Proceedings of the Design Society  
Volume
1
Start Page
1907
End Page
1916
Citation
Proceedings of the Design Society 1: 1907-1916 (2021)
Contribution to Conference
23rd International Conference on Engineering Design, ICED 2021  
Publisher DOI
10.1017/pds.2021.452
Scopus ID
2-s2.0-85117845779
Publisher
Cambridge University Press
Product concept generation and evaluation are critical for the success of new product developments (NPD) because managers need to select the most profitable product concepts. However, current approaches can be restricted to single products and do not cover product families' effects. Similarly, they do not necessarily capture all requirements and usually lack extensive cost analyses. Thus, this paper proposes a framework supporting product concept generation and evaluation by providing an accessible conceptualization to overcome the limitations. Using the so-called Extended Axiomatic Design (EAD) supports designers and managers to configure the requirements across product concepts' various domains while concurrently evaluating their economic consequences. The study applies the framework on a simplified case of a bottle manufacturer to conceptualize four product concepts. The case illustrates how the EAD can be used as a virtual testbed to generate and evaluate new product concepts. Finally, designers and managers can make more informed decisions about product concepts by considering their economic and engineering selection criteria to select the most profitable NPD project configuration.
Subjects
Business models and considerations
New product development
Product concept framework
Product families
Product modelling / models
DDC Class
600: Technik
Publication version
publishedVersion
Lizenz
https://creativecommons.org/licenses/by-nc-nd/4.0/
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