A Method to Set up a Complexity Index to Improve Decision-making Performance
Type
conference paper
Date Issued
2015-03-02
Author(s)
Editor(s)
Shpitalni, Moshe
Fischer, Anath
Molcho, Gila
Abstract
Engineering companies face the challenges of increasing product variety and technology induced increasing complexity of products. If the company is not able to manage this complexity within the design process it will cause productivity losses and rising complexity costs along the value-chain. Lack of information and information asymmetries lead to sub-optimal decision-making and thus to sub-optimal product-production-system designs. Companies struggle to evaluate product designs out of a broader, multi-functional perspective to derive the optimal design for the customer and company. The central question which needs to be solved is how companies can overcome these disadvantages in the early stages of product and process development. Based on the existing product design assessment methodologies proposed by academic and industrial communities this paper addresses these problems by developing a novel concept to improve decision-making performance in the early design phase by integrating the complexity perspective into decision-making. The paper delivers a guideline how to build up a complexity index to condense complex information.
Language
English
Keywords
complexity management
decision-making
complexity index
product complexity
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
Yes
Book title
Procedia CIRP
Publisher
Elsevier B.V.
Volume
Volume 36
Start page
53
End page
58
Pages
6
Event Title
25th CIRP Design Conference Innovative Product Creation
Event Location
Haifa, Israel
Event Date
02.-04.03.2015
Subject(s)
Division(s)
Eprints ID
246471