Document Type
Thesis
Date of Award
5-31-1985
Degree Name
Master of Science in Management Engineering - (M.S.)
Department
Industrial and Management Engineering
First Advisor
James L. Rigassio
Abstract
The development of new products is a very important task for any company, since the survival of most of the companies depends on their ability to introduce new products on the market. This is not, by all means, an easy task; it is seen from the large number of unsuccessful new products reported.
It is been proved that out of every ten products which emerge from Research and Development(R & D), only two become successes. For reasons like the one mentioned and because larger and larger funds are allocated to R & D, it is a very important task to develop a method for selecting development projects which would discard non successful projects as early as possible.
The data objective of my thesis is to develop such a method with the quantitative information available from my employer's data and from other different firms.
hUe result is an analytical solution which has been given to the case considering a technical and commercial uncertainties and these uncertainties are represented by probability distributions.
Recommended Citation
Senra, Manuel J., "Development of new products involving various uncertainties for success" (1985). Theses. 3472.
https://digitalcommons.njit.edu/theses/3472
Included in
Business Administration, Management, and Operations Commons, Operations Research, Systems Engineering and Industrial Engineering Commons
