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Sensitivity-based product portfolio and design integration / Beverly V. Smith in Industrial & engineering chemistry research, Vol. 50 N° 7 (Avril 2011) 

Public ISBD [article]  in Industrial & engineering chemistry research > Vol. 50 N° 7 (Avril 2011) . - pp. 3919–3927 Titre : Sensitivity-based product portfolio and design integration Type de document : texte imprimé Auteurs : Beverly V. Smith, Auteur ; Marianthi G. Ierapetritou, Auteur Année de publication : 2011 Article en page(s) : pp. 3919–3927 Note générale : Chimie industrielle Langues : Anglais (eng) Mots-clés : chemical  products Résumé : In this study we present a novel integration between product portfolio management evaluation criteria and product design decisions involving the design of chemical-based configured consumer products. We consider the variance contribution made by the product’s quality characteristics to the product’s economic performance that is measured via its net present value (NPV). The sensitivity-based time-constrained selection problem (STCSP) is modeled as a static deterministic problem, solved with the objective of mean cost minimization. The STCSP model utilizes a hybrid approach involving the application of Monte Carlo simulation, heuristics, and algorithmic processing to optimize the product design planning process. In this approach product design activities dependencies are modeled as linear inequality constraints. An industry-based case is used to illustrate the proposed approach. DEWEY : 660 ISSN : 0888-5885 En ligne : http://pubs.acs.org/doi/abs/10.1021/ie101347s [article] Sensitivity-based product portfolio and design integration [texte imprimé] / Beverly V. Smith, Auteur ; Marianthi G. Ierapetritou, Auteur . - 2011 . - pp. 3919–3927. Chimie industrielle Langues : Anglais (eng) in Industrial & engineering chemistry research > Vol. 50 N° 7 (Avril 2011) . - pp. 3919–3927 Mots-clés : chemical  products Résumé : In this study we present a novel integration between product portfolio management evaluation criteria and product design decisions involving the design of chemical-based configured consumer products. We consider the variance contribution made by the product’s quality characteristics to the product’s economic performance that is measured via its net present value (NPV). The sensitivity-based time-constrained selection problem (STCSP) is modeled as a static deterministic problem, solved with the objective of mean cost minimization. The STCSP model utilizes a hybrid approach involving the application of Monte Carlo simulation, heuristics, and algorithmic processing to optimize the product design planning process. In this approach product design activities dependencies are modeled as linear inequality constraints. An industry-based case is used to illustrate the proposed approach. DEWEY : 660 ISSN : 0888-5885 En ligne : http://pubs.acs.org/doi/abs/10.1021/ie101347s