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Title

Concurrent Crashing and Overlapping in Product Development.

Authors

Roemer, Thomas A.; Ahmadi, Reza

Abstract

This research addresses two common tools for reducing product development lead times: overlapping of development stages and crashing of development times. For the first time in the product development literature, a formal model addresses both tools concurrently, thus facilitating analysis of the interdependencies between overlapping and crashing. The results exhibit the necessity of addressing overlapping and crashing concurrently, and exhibit general characteristics of optimal overlapping/crashing policies. The impact of different evolution/sensitivity constellations on optimal policies is investigated, and comprehensive guidelines for structuring development processes are provided. For the special case of linear costs, an efficient procedure is presented that generates the efficient time-cost trade-off curves and determines the corresponding optimal overlapping/crashing policies. The impact of key parameters and the robustness regarding their estimates is illustrated with a simple two-stage example.

Subjects

NEW product development; CONCURRENT engineering; INDUSTRIAL engineering; TIME to market (New products); OPERATIONS research; MANUFACTURING processes; PRODUCT management

Publication

Operations Research, 2004, Vol 52, Issue 4, p606

ISSN

1526-5463

Publication type

Academic Journal

DOI

10.1287/opre.1040.0125

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