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Product development through multi-criteria analysis

Tomaž Kostanjevec, Andrej Polajnar, Andrej Sarjaš

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Abstract

The trend regarding the development of sanitary fittings is forecasted by the use of a developed model of multi-criteria analysis. In this analysis a multi-dimensional space is used, which enables the establishment of a time argument in comparison to product parameters. The establishment of product parameters is achieved by means of internal company information and market needs. In this way it is possible to establish an innovative environment for the development of new products. This paper indicates various ways of dealing with product development, on the basis of which the method of multi-criteria analysis for establishing future trends in product development is acquired.

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What this paper is about

The trend regarding the development of sanitary fittings is forecasted by the use of a developed model of multi-criteria analysis. In this analysis a multi-dimensional space is used, which enables the establishment of a time argument in comparison to product parameters. The establishment of product parameters is achieved by means of internal company information and market needs. In this way it is possible to establish an innovative environment for the development of new products. This paper indicates various ways of dealing with product development, on the basis of which the method of multi-criteria analysis for establishing future trends in product development is acquired.

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Available abstract

The trend regarding the development of sanitary fittings is forecasted by the use of a developed model of multi-criteria analysis. In this analysis a multi-dimensional space is used, which enables the establishment of a time argument in comparison to product parameters. The establishment of product parameters is achieved by means of internal company information and market needs. In this way it is possible to establish an innovative environment for the development of new products. This paper indicates various ways of dealing with product development, on the basis of which the method of multi-criteria analysis for establishing future trends in product development is acquired.

Key concepts: New product development, Product (mathematics), Computer science, Development (topology), Risk analysis (engineering), Space (punctuation), Product lifecycle, Process management

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