Paper Info
Title
A case-based reasoning approach to cost estimation of new product development.
Abstract
New product development (NPD) is a crucial process in maintaining a company’s competitive position and succeeding in dynamic markets. One of contemporary trends in the global economy is mass customisation that bases on modifications of existing products instead of designing everything anew. The advancement of information technology helps today’s enterprises in managing business processes and collecting data in enterprise systems that can be a potential source of information. Specifications of previous products deliver information of design, cost and time of past NPD projects that can be the basis for developing new products. A promising methodology for assisting conceptual product design and monitoring a NPD project is case-based reasoning. This paper is concerned with developing a case-based reasoning approach towards using neural networks to estimate the cost of NPD in one-of-a-kind production companies.
Year
DOI
Venue
2018
10.1016/j.neucom.2017.05.092
Neurocomputing
Keywords
Field
DocType
Artificial neural network,Case-based reasoning,Decision support tool,New product development,Cost estimation
Knowledge management,Cost estimate,Artificial intelligence,Product design,Case-based reasoning,Artificial neural network,New product development,Enterprise system,Business process,Information technology,Mathematics,Machine learning,Process management
Journal
Volume
Issue
ISSN
272
C
0925-2312
Citations 
PageRank 
References 
5
0.40
12
Authors
2
Name
Order
Citations
PageRank
Marcin Relich1295.70
Pawel Pawlewski26721.03