Product Design Management and Global Competition

Optimal Product Design Under Price Competition

Engineering optimization methods for new product development model consumer demand as a function of product attributes and price in order to identify designs that maximize expected profit. However, prior approaches have ignored the ability of competitors to react to a new product entrant. We pose an approach to new product design accounting for competitor pricing reactions by imposing Nash and ...

OEM product design in a price competition with remanufactured product

An original equipment manufacturer (OEM) produces new products and often faces a dilemma when determining the level of interchangeability in its product design. The interchangeability is considered as a degree to which the product can be disassembled without force, and thus an increasing degree of interchangeability would decrease the OEM’s production cost, but it would also lower a remanufactu...

Product Quality Choice, Competition, and Supply Chain Design

Design for Product Lifecycle Management

Product lifecycle management (PLM) is a concept that aims at integrating the various processes and stages involved during a typical product lifecycle for the extended enterprise. PLM technologies endeavor to offer a powerful collaborative platform to support distributed product development. In order to maintain the integrity of product definition data throughout the life of the product, and to ...

Design Issues and Product Lifestyle Management: SAiNT