The Value of Information Updating in New Product Development

• Main Author: Artmann, Christian. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Series: Lecture Notes in Economics and Mathematical Systems, 620
• Subjects: Economics.; Finance.; Mathematical statistics.; Banks and banking.; Technology.; Economics/Management Science.; Statistical Theory and Methods.; Finance /Banking.; Quantitative Finance.; Operations Research/Decision Theory.; Technology Management.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-540-93833-0

Managing uncertainty in new product development projects for improved valuation and decision making is one of the most complex and challenging problems in operations management. It is important for any corporation depending on the success of new products and innovations. This work shows how uncertai...

Table of Contents:

• Introduction
• Literature Review
• Model Description
• Model Properties
• Numerical Study
• Conclusion
• Statistical Distributions
• Supplement to Performance Variability Limitation
• Supplement to Mean-Variance Update
• Program Listing.