A WEB-BASED METHODOLOGY FOR PRODUCT DESIGN EVALUATION AND OPTIMIZATION

Citation
X. Dreze et F. Zufryden, A WEB-BASED METHODOLOGY FOR PRODUCT DESIGN EVALUATION AND OPTIMIZATION, The Journal of the Operational Research Society, 49(10), 1998, pp. 1034-1043
Citations number
32
Categorie Soggetti
Management,"Operatione Research & Management Science","Operatione Research & Management Science
ISSN journal
01605682
Volume
49
Issue
10
Year of publication
1998
Pages
1034 - 1043
Database
ISI
SICI code
0160-5682(1998)49:10<1034:AWMFPD>2.0.ZU;2-4
Abstract
The authors have developed a methodology that takes advantages of the World Wide Web to analyse and develop optimal new product designs. Thi s paper describes the methodology and illustrates its application to a case study involving the design of an actual Web site where music CDs are sold. The proposed methodology has the following features: (a) it is based on a design inspired by conjoint analysis; (b) it involves u nobtrusive electronic measurement of the actual behavior of Web users who remain undisturbed by experimental factors; and (c) it utilises an integer programming approach to seek optimal Web site configurations. The methodology uses limited dependent variable methods to develop re sponse models that provide the basis for the development of objective functions for an optimisation model. The optimisation model can consid er either single or multiple objective functions by using a Pareto opt imum approach.