A multi-attribute value assessment method for the early product development phase with application to the business airplane industry

(cont.) market. The method is also used to extract quantitative evidence indicating the existence of enterprise-related attributes for consumer value in products. Marking the first independent review of the loss function-based value method, this study finds that the Relative Value Index is superior to existing value methods at retaining simplicity of implementation and minimal data requirements while maintaining a firm grounding in economics and consumer choice theory. The method is shown to be useful for estimation, though robustness of the results is not certain when used in this manner, and may also be extended to the analysis of large-scale engineering systems and their value to society.

Department dc:contributor.department

Massachusetts Institute of Technology. Engineering Systems Division.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2005

Author dc:creator

• Downen, Troy Douglas

Advisor dc:contributor.advisor

• Deborah J. Nightingale.

• Engineering Systems Division.

Statement dc:rights

• M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

en_US

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/28839

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/28839