Prioritization and operations NPD mix in a network with strategic partners under uncertainty

A Linguistic Approach to Measuring the Attractiveness of New Products in Portfolio Selection

“…This study is potentially valuable to researchers in its demonstration of still another application of fuzzy logic. Furthermore, compared with existing studies (Lin and Hsieh 2004;Chen et al 2006Chen et al , 2007Carlsson and Fuller 2007;Wang and Hwang 2007;Lin et al 2010;Wei and Chang 2011), the proposed approach offers the following distinct features:…”

“…Previous studies have generally concentrated on only a few dimensions for evaluating projects, such as benefits (Carlsson and Fuller 2007;Wang and Hwang 2007), corporate strategies (Lin and Hsieh 2004;Lin et al 2010), and benefits and risks (Lin and Chen 2004;Wei and Chang 2011), and have tended to neglect potential risks, such as organizational factors or technical uncertainties (Chen et al 2006(Chen et al , 2007. Furthermore, models based on complex methodologies that are not generally understood are unconvincing and cannot obtain organizational buy-in (Griffin 1997).…”

“…Kuchta (2001) used fuzzy numbers to present the current net value and resource utilization of individual projects. Other researchers first used the fuzzy analytic hierarchy process to prioritize the relative importance of various evaluation criteria (Chen et al 2007). Moreover, both a general weighted average (Chen et al 2006) and a fuzzy weighted average (Chen et al 2007) have been applied to consolidate fuzzy ratings and weightings of evaluation criteria to obtain the fuzzy performance value of each project.…”

“…Other researchers first used the fuzzy analytic hierarchy process to prioritize the relative importance of various evaluation criteria (Chen et al 2007). Moreover, both a general weighted average (Chen et al 2006) and a fuzzy weighted average (Chen et al 2007) have been applied to consolidate fuzzy ratings and weightings of evaluation criteria to obtain the fuzzy performance value of each project. Because the fuzzy weighted average approach produces a more informative result, Lin and Chen (2004) used this technique to devise a fuzzy possible-success rating for a new product.…”

A segment-based approach to the analysis of project evaluation problems by hesitant fuzzy sets

“…And it has been gradually gaining importance as a tool in project selection 4,7,17,27 . Two milestones in this regard are Wang and Hwang 41 (who develop a fuzzy integer programming model to gain an optimal investment portfolio), Chiu et al 11 and Wang et al 42 (who apply the fuzzy concept to the project selection process with the fuzzy multicriteria decision-making model (FMCDM) to select the optimal alternative).…”