Different Phases Of Product Life Cycle Research Articles

Analysis of personalized production organizing and operating mechanism in a social manufacturing environment

Current manufacturing industry has witnessed the trends of socialization, personalization, and servitization, which prompts the appearance of social manufacturing paradigm. This article addresses the personalized production organizing and operating mechanism in social manufacturing. Socialized manufacturing resources spring up in fine-grained markets and self-organize into social communities to participate in different phases of product lifecycle. A socialized production network integrating different socialized manufacturing resources/social communities is organized to create personalized products. The framework and key aspects for socialized production network operating are discussed. The discussion on personalized production organizing and operating mechanism will reveal the future manufacturing philosophy.

Dynamic pricing for new and remanufactured products in a closed-loop supply chain

This study deals with managing two differentiated versions of the same product by developing analytical models using Lagrangean relaxation and dynamic programming schemes. We assume market demand is price-dependent and partially substitutable between the new and remanufactured goods, and supply of the returned cores is constrainted, i.e., the remanufacturable quantity in the present period is subject to the availability of end-of-use products in the previous period. The primary objective behind analytic formulation is to investigate the pricing behavior over time under a variety of parameter settings including market property, return rate, and substitutability. Analytical and numerical results reveal that the pricing strategy depends critically on the types of markets (e.g., different phases of product lifecycle), cost-savings of remanufactured products, and the substitutable coefficient. Furthermore, we show that the proposed pricing strategy is an effective mechanism in rendering a greater profit stream during the product lifecycle.

Cost Estimation Method for Variation Management

Cost engineering key objectives is to ensure cost estimates’ accuracy and to avoid cost overruns. In such a global context, this paper focuses on the manner through which the uncertainties as well as variations, impact the cost dimensions during different phases of product lifecycle: Tolerance allocation, Process Planning, Inspection Planning.What is investigated is the adaptability of a modified Activity-Based Costing model in evaluation of cost regarding the activities in different stages of the product's life cycle. This effective model encloses the cost estimation of tolerancing, process and inspection planning, via the impact of variations and uncertainties (i.e. inspection risk). The aim is to take into account not only the cost but also the quality (quality-driven activity-based costing) of product.

An Analysis of Product Life Cycle Orientation in PLM Software Tool Vendors

A challenge in implementation of Product Lifecycle Management (PLM) tools is the selection of the right vendor and the solution. Implementing PLM entails huge financial investment on the part of the user and hence precise knowledge as to where each tool can be applied is a must. In this paper, seven PLM tool vendors are compared on their definitions of PLM and also their product offerings in different Product Life Cycle (PLC) phases, including the extreme ends of PLC viz. R&D and end-of-life phase, which are usually ignored. An integrated PLC model is developed and the tools are then mapped onto different phases of PLC. Vendors are compared based on number of tools offered in different PLC phases. The results reveal an uneven distribution in the applicability of various tools, with majority of them focusing on the product development phase and an astonishingly low number on the R&D and end-of-life phases.

E-business

This study deals with managing two differentiated versions of the same product by developing analytical models using Lagrangean relaxation and dynamic programming schemes. We assume market demand is price-dependent and partially substitutable between the new and remanufactured goods, and supply of the returned cores is constrainted, i.e., the remanufacturable quantity in the present period is subject to the availability of end-of-use products in the previous period. The primary objective behind analytic formulation is to investigate the pricing behavior over time under a variety of parameter settings including market property, return rate, and substitutability. Analytical and numerical results reveal that the pricing strategy depends critically on the types of markets (e.g., different phases of product lifecycle), cost-savings of remanufactured products, and the substitutable coefficient. Furthermore, we show that the proposed pricing strategy is an effective mechanism in rendering a greater profit stream during the product lifecycle.