RISK ASSESSMENT IN PRODUCT DEVELOPMENT
To assess the impact of risk on decisions during the development of products or systems is very important. The traditional way tends to make predictions quantitatively for the product design and manufacture phases but not to extend them to the service phase. This research presents a novel application of Monte Carlo simulation to modelling the whole life cycle of a product and imitating the behaviour and characteristics of products in the future use. Through modelling, a comparison of the products with and without new features is made, and the risks and benefits from the new features are quantified and assessed. The model is applied to a refrigeration system with new features called Elima, showing that it can be used to help managers in risk-assessing for the product development.
Risk Monte Carlo Product development Cost
Xie Xiaoling Hu Xiaoling
Shenzhen Graduate School, Harbin Institute of Technology, Harbin, China University of Gloucestershire, Chelterham, UK
国际会议
北京
英文
2007-11-01（万方平台首次上网日期，不代表论文的发表时间）