Vehicle Design in an Enterprise context
by Bart D. Frischknecht, PhD Candidate in Mechanical Engineering
Product development combines design from disciplinary perspectives (i.e., engineering, industrial design, and marketing) in a successful business proposition. Communicating between disciplines such that the product development problem is solved with an enterprise objective such as maximize profit remains a significant challenge. A theoretical framework for posing product development problems includes quantitative models representing the product, the consumer, the firm and its competitors, and the regulatory environment.
Automakers may choose from a number of advanced technology platforms during the coming decade: advanced gas and diesel, flex-fuel, hybrid, plug-in hybrid, battery vehicles. Consumer preferences depend on the context in which preferences are elicited: number of choice alternatives, attributes used to describe each product, etc.
It is hypothesized that consumer preferences for advanced technology vehicles and their attributes will depend on the mix of vehicles available in the choice set. Understanding this relationship may inform regional marketing of advanced technology vehicles, and provide insights into market diffusion and the effects of regulation.
Downloadable materials: ODE poster
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