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RISInfluence of Omitted Variables in Consumer Choice Models on Engineering Design Optimization Solutions
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: This paper examines the impact of omitted variable bias (OVB) within consumer choice models on engineering design optimization solutions. Engineering products often have a multitude of attributes that influence consumers’ ...
Market Simulation Based Sensitivity Analysis as a Means to Inform Design Effort as Applied to Photovoltaic Panels
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: Product design success depends on the engineering performance of the product and also on the reaction of external stakeholders such as customers, retailers, and policymakers. This article illustrates how an earlystage ...
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 ...
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 ...
Numerically Stable Design Optimization With Price Competition
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: Researchers in decisionbased design (DBD) have suggested that business objectives, e.g., profits, should replace engineering requirements or performance metrics as the objective for engineering design. This requires modeling ...
Concurrent Structure and Process Optimization for Minimum Cost Metal Additive Manufacturing
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: Metals-additive manufacturing (MAM) is enabling unprecedented design freedom and the ability to produce significantly lighter weight parts with the same performance, offering the possibility of significant environmental ...
Is More Less? Benefits and Costs of High-Variety Production in Nonassembled Manufacturing
Publisher: American Society of Mechanical Engineers (ASME)
Abstract: While many studies have characterized the costs of product variety in assembly production, there is little research detailing the sources and costs of increased product variety on a nonassembled (fabrication) production ...
Optimization of Part Consolidation for Minimum Production Costs and Time Using Additive Manufacturing
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: This research presents a method of optimizing the consolidation of parts in an assembly using metal additive manufacturing (MAM). The method generates candidates for consolidation, filters them for feasibility and structural ...
Design for Nonassembly: Current Status and Future Directions
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: Nonassembled products, which are produced from a raw material and post-processed to a final form without any assembly steps, form a large and potentially growing share of the manufacturing sector. However, the design for ...