Reducing the Total Product Cost at the Product Design Stage

Multi-objective optimization approach for cost management during product design at the conceptual phase

The effective cost management during the conceptual design phase of a product is essential to develop a product with minimum cost and desired quality. The integration of the methodologies of quality function deployment (QFD), value engineering (VE) and target costing (TC) could be applied to the continuous improvement of any product during product development. To optimize customer satisfaction ...

‘Smart’ Design: Greening the Total Product System

Reducing Manufacturing Cycle Time during Product Design

This paper describes an approach that can reduce manufacturing cycle time during product design. Design for production (DFP) determines how manufacturing a new product design affects the performance of the manufacturing system. This includes design guidelines, capacity analysis, and estimating manufacturing cycle times. Performing these tasks early in the product development process can reduce ...

Reducing Throughput Time during Product Design

This paper describes an approach that can reduce throughput time during product design. Design for production (DFP) determines how manufacturing a new product design affects the performance of the manufacturing system. This includes design guidelines, capacity analysis, and estimating throughput time. Performing these tasks early in the product development process can reduce product development...

Reducing Product Costs by Efficient Product Development

The challenges of the marketplace are met by product developers in two ways: development of innovative products and reducing product costs. Cost reduction alone is not a substitute for innovation. Cost-oriented product development is systematical engineering work, which requires an interdisciplinary approach, and needs to be efficient and effective. The costs that are of interest here are those...