Abstract
| Original language | English |
|---|---|
| Title of host publication | Proceedings of ICED 09, the 17th International Conference on Engineering Design, 2009 |
| Editors | M. N. Berghandahl, M. Grimheden, L. Leifer |
| Place of Publication | Glasgow, U. K. |
| Publisher | Design Society |
| Pages | 81-92 |
| ISBN (Print) | 9781904670117 |
| Publication status | Published - 2009 |
| Event | International Conference on Engineering Design, ICED'09 - Stanford University, Stanford, CA, USA United States Duration: 24 Aug 2009 → 27 Aug 2009 |
Conference
| Conference | International Conference on Engineering Design, ICED'09 |
|---|---|
| Country | USA United States |
| City | Stanford University, Stanford, CA |
| Period | 24/08/09 → 27/08/09 |
Fingerprint
Cite this
Estimating cost & improving trade-off between performance and cost at the early design stages. / Saravi, M; Newnes, Linda; Mileham, T; Goh, Yee Mey.
Proceedings of ICED 09, the 17th International Conference on Engineering Design, 2009. ed. / M. N. Berghandahl; M. Grimheden; L. Leifer. Glasgow, U. K. : Design Society, 2009. p. 81-92.Research output: Chapter in Book/Report/Conference proceeding › Chapter
}
TY - CHAP
T1 - Estimating cost & improving trade-off between performance and cost at the early design stages
AU - Saravi, M
AU - Newnes, Linda
AU - Mileham, T
AU - Goh, Yee Mey
PY - 2009
Y1 - 2009
N2 - Typically 70% to 80% of a product's cost is said to have been committed by the end of the conceptual design stage [1]. Because of the importance of the conceptual stage, cost estimation should be carried out as accurately as possible to provide valuable information to product designers. Despite this level of built in costs at the conceptual stage of design, having useful cost estimates at this stage is very difficult, due to the limited availability of data, especially for new products when product specifications are expressed as a range of values. The main aim of the research presented in this paper is to use the Taguchi method of Design of Experiments in order to use the sparse and available conceptual information more effectively to estimate the cost of a product. A review of the literature about cost estimation techniques and the available information at the conceptual stage of design is presented. A case study is also presented and used to illustrate how the Taguchi method of Design of Experiments is applied in order to assist designers at the conceptual design stage to reduce uncertainty of cost estimates and to carry out a more informed trade-off between performance and cost.
AB - Typically 70% to 80% of a product's cost is said to have been committed by the end of the conceptual design stage [1]. Because of the importance of the conceptual stage, cost estimation should be carried out as accurately as possible to provide valuable information to product designers. Despite this level of built in costs at the conceptual stage of design, having useful cost estimates at this stage is very difficult, due to the limited availability of data, especially for new products when product specifications are expressed as a range of values. The main aim of the research presented in this paper is to use the Taguchi method of Design of Experiments in order to use the sparse and available conceptual information more effectively to estimate the cost of a product. A review of the literature about cost estimation techniques and the available information at the conceptual stage of design is presented. A case study is also presented and used to illustrate how the Taguchi method of Design of Experiments is applied in order to assist designers at the conceptual design stage to reduce uncertainty of cost estimates and to carry out a more informed trade-off between performance and cost.
M3 - Chapter
SN - 9781904670117
SP - 81
EP - 92
BT - Proceedings of ICED 09, the 17th International Conference on Engineering Design, 2009
A2 - Berghandahl, M. N.
A2 - Grimheden, M.
A2 - Leifer, L.
PB - Design Society
CY - Glasgow, U. K.
ER -