Knowledge Base Repository

In addition to research papers, the Design Society is developing several valuable resources for those interested in the study of design. These include a repository of PhD theses, a library of case studies and transcripts of design activities, and an archive of our newsletters. Please note that these resources are accessible exclusively to Design Society members.

Market performance prediction based conceptual design of mid-sized passenger aircrafts

Han, Soon Young; Choi, Hae-Jin


Type:
Year:
2013
Editor:
Udo Lindemann, Srinivasan V, Yong Se Kim, Sang Won Lee, John Clarkson, Gaetano Cascini
Author:
Series:
ICED
Institution:
Chung-Ang University, Korea, Republic of (South Korea)
Page(s):
267-276
ISBN:
978-1-904670-52-0
ISSN:
2220-4334
Abstract:
evelopment time and/or rapidly changing market situation. Addressing this critical issue, we provide a framework, strategic product design, in which one may design a product to be sustainable from unstable global economic situation, maximizing his or her profit. In the strategic product design, historical trends of customers’ preference are analyzed and modeled as a market performance metric, incorporating economic factors. The established model is then used for predicting the future market performance of a new product (or concept) to be developed. For the validation of our approach, we employ a case of conceptual design of mid-sized passenger aircrafts, which requires more than 5 years of product development lead-time, assuming a number of scenarios with different future economic situations.
Keywords:

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