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Exploring the Role of Interaction Effects in Visual Conjoint Analysis
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: In conjoint analysis, interaction effects characterize how preference for the level of one product attribute is dependent on the level of another attribute. When interaction effects are negligible, a main effects fractional ...
Implications of Context Effects in Consumer Utility Models for Optimal Product Design and Differentiation
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: Consumer choice models used in optimal product design typically ignore potential context effects by assuming the utility of each product is independent of the attributes of other products in the choice set. We characterize ...
Cable Tension Optimization for an Epicardial Parallel Wire Robot
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: HeartPrinter is a novel under-constrained 3-cable parallel wire robot designed for minimally invasive epicardial interventions. The robot adheres to the beating heart using vacuum suction at its anchor points, with a central ...
Sensitivity of Vehicle Market Share Predictions to Discrete Choice Model Specification
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: When design decisions are informed by consumer choice models, uncertainty in choice model predictions creates uncertainty for the designer. We investigate the variation and accuracy of market share predictions by characterizing ...
Global Product Design Platforming: A Comparison of Two Equilibrium Solution Methods
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: Global product platforms can reduce production costs through economies of scale and learning but may decrease revenues by restricting the ability to customize for each market. We model the global platforming problem as a ...