Design for market systems
From DDL Wiki
(Difference between revisions)
(→References) |
|||
| Line 12: | Line 12: | ||
== References == | == References == | ||
| - | * Michalek, Jeremy J., [http://memagazine.asme.org/articles/2008/november/Design_Market_Systems.cfm Design for market systems], ''Mechanical Engineering Magazine'', pages 32-36, November 2008. | + | * Michalek, Jeremy J., "[http://memagazine.asme.org/articles/2008/november/Design_Market_Systems.cfm Design for market systems]", ''Mechanical Engineering Magazine'', pages 32-36, November 2008. |
Revision as of 15:42, 17 November 2008
The phrase design for market systems (DFMS) refers to a set of tools, methods, and approaches to model and predict the role that markets play in engineering design in order to support informed decision-making and produce better products. DFMS can be considered part of the Design for X toolbox that considers downstream impact of design choices in areas such as:
- consumer demand
- product pricing
- competitor reactions
- retailer decisions
- commodity prices
- economic growth
- public policy
References
- Michalek, Jeremy J., "Design for market systems", Mechanical Engineering Magazine, pages 32-36, November 2008.
