Abstract
This paper presents a model-based methodology called DESIGNOR to support design decisions for new industrial products. Models and measurements are developed to assess the relationship between product features and market potential. The methodology incorporates a measurement survey for model calibration and leads to empirical tradeoff curves between design dimensions. The approach handles discrete as well as continuous features and can be incorporated into a procedure aimed at finding a profit maximizing design. It can be used to support decisions concerning product design as well as for product line expansion. The approach provides a consistent way of evaluating market potential for new industrial products and presents important advantages over other product design methodologies.
Original language | English (US) |
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Pages (from-to) | 185-197 |
Number of pages | 13 |
Journal | Journal of Business Research |
Volume | 10 |
Issue number | 2 |
DOIs | |
State | Published - Jun 1982 |
All Science Journal Classification (ASJC) codes
- Marketing