... by the Design Education Committee of ASME for publication in the J ournal of Mechanical D esign . 14 06 2022 17 01 2023 18 01 2023 06 02 2023 design education product design decision-based design market simulation It is widely accepted that students’ individual...

... agent-based modeling design for market systems decision-based design word-of-mouth social network models consumer purchase behavior systems design Engineering design research is beginning to account for product information diffusion among consumers to support producer design decisions [ 5 – 7...

... probabilities value of information decision-based design Engineering design is a sequential and iterative process, consisting of five phases: product planning, clarification of task, conceptual design, embodiment design, and detail design ( 1 ). Decision...

...Henk Jan Wassenaar; Wei Chen; Jie Cheng; Agus Sudjianto Our research is motivated by the need for developing an approach to demand modeling that is critical for assessing the profit a product can bring under the decision-based design framework. Even though demand modeling techniques exist in market...