Data Modelling and Optimization in Cost Estimation for Innovative Low Volume Product Development

Wai Ming Cheung, Linda Newnes, Antony Mileham, Robert Marsh, John Lanham

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Abstract

This paper reports on the progress of the research and development of a data modelling and optimization method to support cost estimation in the product development process. This paper forms part of an investigation into Through-Life Costing of innovative low volume long life defence electronic systems. The paper briefly covers the literature review in the area of cost estimation in product development, in particularly the data sets needed to perform cost estimation and the method of modelling the data and the optimization techniques. The propose approach will be used to support cost estimation in product development decisions of innovative low volume product development.
Original languageEnglish
Publication statusPublished - 1 Sep 2009
EventICMR'09 - 7th International Conference on Manufacturing Research - Warwick, UK
Duration: 1 Sep 2009 → …

Conference

ConferenceICMR'09 - 7th International Conference on Manufacturing Research
Period1/09/09 → …

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