Improving time-to market through investment in design and process capabilities

Richard M. Franza, Janice E. Carrillo

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

A normative model to guide managers in their quest to speed new products to market in a timely manner was presented. The extent and the duration of investments in both design and process related resources are optimally determined over a finite planning horizon. The profit earned from production and sales of the new product is influenced by dynamic revenues, design-related knowledge, current design and dynamic demand.

Original languageEnglish (US)
Title of host publicationPICMET
EditorsD.F. Kocaoglu, T.R. Anderson, D.F. Kocaoglu, T.R. Anderson
Number of pages1
StatePublished - Dec 1 2002
Externally publishedYes
EventPortland International Conference on Management of Engineering and Technology (PICMET) - Portland, OR, United States
Duration: Jul 29 2001Aug 2 2001

Publication series

NamePICMET

Other

OtherPortland International Conference on Management of Engineering and Technology (PICMET)
CountryUnited States
CityPortland, OR
Period7/29/018/2/01

ASJC Scopus subject areas

  • Engineering(all)

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  • Cite this

    Franza, R. M., & Carrillo, J. E. (2002). Improving time-to market through investment in design and process capabilities. In D. F. Kocaoglu, T. R. Anderson, D. F. Kocaoglu, & T. R. Anderson (Eds.), PICMET (PICMET).