The Value of Information Updating in New Product Development is popular PDF and ePub book, written by Christian Artmann in 2009-04-21, it is a fantastic choice for those who relish reading online the Mathematics genre. Let's immerse ourselves in this engaging Mathematics book by exploring the summary and details provided below. Remember, The Value of Information Updating in New Product Development can be Read Online from any device for your convenience.
The Value of Information Updating in New Product Development Book PDF Summary
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 uncertainty can be handled and partly resolved by conducting an information update during the development process. It is one of the first comprehensive models that combine statistical decision theory in form of Bayesian analysis with a real options framework for projects exposed to different sources of uncertainty. The proposed framework makes an important theoretical contribution in addressing this problem, while at the same time being of significant value to managers who face the difficult task of evaluating and managing complex product development projects.
Detail Book of The Value of Information Updating in New Product Development PDF
- Author : Christian Artmann
- Release : 21 April 2009
- Publisher : Springer Science & Business Media
- ISBN : 9783540938330
- Genre : Mathematics
- Total Page : 216 pages
- Language : English
- PDF File Size : 18,8 Mb
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