A Model for Selecting Technologies in New Product Development
Joint Authors
Chang, Chao-Cheng
Kang, Mei-Sung
Lee, Amy H. I.
Kang, He-Yau
Source
Mathematical Problems in Engineering
Issue
Vol. 2012, Issue 2012 (31 Dec. 2012), pp.1-17, 17 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2012-04-02
Country of Publication
Egypt
No. of Pages
17
Main Subjects
Abstract EN
Due to fast changing technologies, shortening product lifecycles, and increased global competition, companies today often need to develop new products continuously and faster.
Successful introduction and acceleration of new product development (NPD) is important to obtain competitive advantage for companies.
Since technology selection for NPD involves complex decision makings that are critical to the profitability and growth of a company, the selection of the most appropriate technology for a new product requires the use of a robust decision-making framework capable of evaluating several technology candidates based on multiple criteria.
This paper presents an integrated model that adopts interpretive structural modeling (ISM) and fuzzy analytic network process (FANP) to evaluate various different available technologies for NPD.
The ISM is used to understand the interrelationships among the factors, and the FANP is to facilitate the evaluation process of decision makers under an uncertain environment with interrelated factors.
A case study of a flat panel manufacturer is performed to examine the practicality of the proposed model.
The results show that the model can be applied for group decision making on the available technology evaluation and selection in new product development.
American Psychological Association (APA)
Kang, He-Yau& Lee, Amy H. I.& Chang, Chao-Cheng& Kang, Mei-Sung. 2012. A Model for Selecting Technologies in New Product Development. Mathematical Problems in Engineering،Vol. 2012, no. 2012, pp.1-17.
https://search.emarefa.net/detail/BIM-1029553
Modern Language Association (MLA)
Kang, He-Yau…[et al.]. A Model for Selecting Technologies in New Product Development. Mathematical Problems in Engineering No. 2012 (2012), pp.1-17.
https://search.emarefa.net/detail/BIM-1029553
American Medical Association (AMA)
Kang, He-Yau& Lee, Amy H. I.& Chang, Chao-Cheng& Kang, Mei-Sung. A Model for Selecting Technologies in New Product Development. Mathematical Problems in Engineering. 2012. Vol. 2012, no. 2012, pp.1-17.
https://search.emarefa.net/detail/BIM-1029553
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1029553