2006
DOI: 10.1177/1063293x06073302
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Lead Time Estimation Method for Complex Product Development Process

Abstract: As the lifecycle of a product gets shorter, the timely introduction of new products becomes an invaluable asset to most manufacturing firms. It is needless to say that the competitive edge is given to a firm with the better knowledge on how to estimate the product development (PD) process because reducing the product development time is a critical issue for manufacturing firms. However, it is difficult to estimate the performance of the PD process because of its complexity. So far, in spite of its strategic im… Show more

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Cited by 17 publications
(7 citation statements)
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References 33 publications
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“…Li et al [14]; Tootle et al [15] LT is estimated based on regression concept linearly or nonlinearly with specified attributes Heuristic Jun et al [16]; Chiang [17] LT is estimated by developing a heuristic based on network transformation and network reduction methods capabilities of the methods in different modeling environments. Furthermore, in this study, within a flexible neurofuzzy-regression model, three influential input parameters -failure, repair, and process times -for predicting lead time are used.…”
Section: Regressionmentioning
confidence: 99%
“…Li et al [14]; Tootle et al [15] LT is estimated based on regression concept linearly or nonlinearly with specified attributes Heuristic Jun et al [16]; Chiang [17] LT is estimated by developing a heuristic based on network transformation and network reduction methods capabilities of the methods in different modeling environments. Furthermore, in this study, within a flexible neurofuzzy-regression model, three influential input parameters -failure, repair, and process times -for predicting lead time are used.…”
Section: Regressionmentioning
confidence: 99%
“…These phenomena emphasize the need for effective process controls as well as reasonable time and cost estimations for each activity. Jun et al [4] provided a heuristic algorithm to estimate the lead time of a PD process by using series-parallel network transformation. Tormos and Lova [5] extended the concepts of activity slack and defined a new activity criticality index to classify the activities in the resource-constrained project scheduling and control context.…”
Section: Literature Reviewmentioning
confidence: 99%
“…One objective of the PERT model is to assist a project manager to identify bottlenecks and overruns in the project before they happen so that corrective actions can be taken before it is too late to effect any change ( Van Slyke, 1963). According to (Jun et al, 2006), the PERT technique "evaluates the lead time of a project under the assumption that each activity has a stochastic duration time." Similar to the CPM model, the PERT technique estimates the project completion time based on the expected duration of the activities on the critical path.…”
Section: Introductionmentioning
confidence: 99%
“…The authors proposed a new scheduling framework called "PERT 21" using Parkinson distribution with the lognormal core. The study by (Jun et al, 2006) also argued that the PERT model cannot handle complex patterns among activities. Similarly, the study by (Park and Cutkosky, 1999) argued that the PERT model was designed for linear processes and thus, it cannot represent circuits.…”
Section: Introductionmentioning
confidence: 99%