C strategies assemble different products from at least one common component and one other product-specific component. The distinguishing feature of commonality, i.e., the presence of dedicated components to be assembled with a common component, is shown to be mathematically inconsequential in the sense that the unified commonality problem for two products can be reduced to an equivalent substit...

The development of products with a modular structure, where the constituent modules could be derived from a set of common platforms to suit different market niches, provides unique engineering and economic advantages. However, the quantitative design of such modular product platforms could become significantly challenging for complex products. The Comprehensive Product Platform Planning (CP3) m...

Unsupervised discovery of commonalities in images has recently attracted much interest due to the need to find correspondences in large amounts of visual data. A natural extension, and a relatively unexplored problem, is how to discover common semantic temporal patterns in videos. That is, given two or more videos, find the subsequences that contain similar visual content in an unsupervised man...

This paper studies liquidity and volatility commonality in the Canadian stock market. We show that five various liquidity measures display strong evidence of commonality at both market-wide and industry specific levels. Our findings extend the results of previous studies in liquidity commonality, and show that even after controlling for individual determinants of liquidity such as price, volume...

A critical step when designing a successful product family is to determine a cost-saving platform configuration along with an optimally distinct set of product variants that target different market segments. Numerous optimization-based approaches have been proposed to help resolve the tradeoff between platform commonality and the ability to achieve distinct performance targets for each variant....

Managing modularity and commonality throughout product and process development has been well recognized as crucial to producing a large variety of products while maintaining low costs and quick response to the market. In recent years we have seen growing consensus and an increasing number of publications related to modularity and commonality, as well as many endeavors in industrial applications...

Commonality, or the sharing of components, processes, technologies, interfaces and/or infrastructure across a product family, represents one of many potential tools for increasing corporate profitability. Industrial interest in commonality is strong, but results appear to be mixed. A rich stream of academic research has examined commonality (typically under terms such as “product platforms” and...

Designing a family of product variants that share some components usually entails a performance loss relative to the individually optimized variants due to the commonality constraints. Choosing components for sharing may depend on what performance losses can be tolerated. This article presents a methodology for making commonality decisions while controlling individual performance losses. Previo...

Commonality, or the reuse and sharing of components, manufacturing processes, architectures, interfaces, and infrastructure across the members of a product family, is an often leveraged strategy targeted at improving corporate profitability. Commonality strategies are widespread in the literature and in industrial practice, but a clear gap exists: The literature has a distinctly positive bias t...