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Overlapping and communication policies in product development. (English) Zbl 1173.90391

Summary: Shorter product life cycles in many industries impel firms to accelerate the product development process. Overlapping development stages, combined with frequent information exchange, is commonly regarded as a core technique for faster product development. However, overlapping and communication require additional resources and can be costly. We investigate the time-cost tradeoffs involved in concurrent product development to determine the optimal overlapping and communication strategies. The methodology was applied to a refrigerator development process in order to illustrate its utility.

MSC:

90B30 Production models
Full Text: DOI

References:

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