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Linking Optimal Design Decisions to the Theory of the Firm: The Case of Resource Allocation
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: Resource allocation is a core business milestone in a firm’s product development process: Maximize the final value derived from allocating resources into an appropriate product mix. Optimal ...
Analytical Target Setting: An Enterprise Context in Optimal Product Design
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: In this article the process of rigorously setting supersystem targets in an enterprise context is explored as a model-based approach termed “analytical target setting.” Engineering design decisions ...