Year: 2021
Type: article
Abstract: Companies in mechanical engineering are facing an increasingly high cost pressure in international competition. Therefore, in addition to the given technical functionality, cost oriented product design is becoming a dominating factor for the success of a product on the market. For the cost-oriented product design, knowledge from the field of production and controlling is highly relevant. This contribution shows how this knowledge can be formalized and linked to the product model of the engineering department in a model-based product development. This enables engineering departments to access non-domain specific but cost-relevant knowledge at an early stage in the development process. As a result, the product design can already be determined cost-oriented in the engineering department.
Source: Open Journal of Social Sciences
Institution: RWTH Aachen University
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4206405154