• DocumentCode
    2838147
  • Title

    On the Exchange of Information in Collaborative Product Development

  • Author

    Sreenivas, R.S. ; Yassine, A.

  • Author_Institution
    Illinois Univ., Urbana
  • fYear
    2006
  • fDate
    15-17 Dec. 2006
  • Firstpage
    2735
  • Lastpage
    2740
  • Abstract
    We develop a dynamic programming (DP) model of the product development (PD) process. We conceptualize PD as a sequence of decisions: whether to incorporate a piece of information that just arrived (i.e. became available) or wait longer. We utilize this formulation to derive optimal decision rules to determine whether (and when) to incorporate newly available information in an archetypal situation in PD. The managerial implications are discussed with several numerical examples.
  • Keywords
    dynamic programming; groupware; product design; product development; collaborative product development; dynamic programming; information exchange; optimal decision rule; product design; Collaboration; Collaborative work; Costs; Delay effects; Dynamic programming; Job design; Process design; Product development; Solid modeling; Systems engineering and theory;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Technology, 2006. ICIT 2006. IEEE International Conference on
  • Conference_Location
    Mumbai
  • Print_ISBN
    1-4244-0726-5
  • Electronic_ISBN
    1-4244-0726-5
  • Type

    conf

  • DOI
    10.1109/ICIT.2006.372627
  • Filename
    4237949