scholarly journals Return on investment from the use of product configuration systems – A case study

2018 ◽  
Vol 100 ◽  
pp. 57-69 ◽  
Author(s):  
Katrin Kristjansdottir ◽  
Sara Shafiee ◽  
Lars Hvam ◽  
Martin Bonev ◽  
Anna Myrodia
Keyword(s):  
Return On Investment ◽  
Product Configuration ◽  
Configuration Systems

A Product Configurator for Cloud Manufacturing

2013 ◽  
Author(s):  
Arthur L. K. Yip ◽  
Jonathan R. Corney ◽  
Ananda P. Jagadeesan ◽  
Yi Qin
Keyword(s):  
Production Systems ◽  
State Of The Art ◽  
Cloud Manufacturing ◽  
Product Configuration ◽  
Ongoing Research ◽  
Wide Range ◽  
Product Customization ◽  
Configuration Systems ◽  
Manufacturing Platform

Product configurators have become an important enabler for enterprises to achieve product customization in order to address individual customers’ requirements. Despite adoption across a wide range of application domains from automotive to consumer goods, even state-of-the-art product configuration systems are limited in their ability to quickly respond to changes in the production systems that deliver the goods specified. Enabled by the emerging paradigm of cloud manufacturing, the authors propose a “configurable configurator” that is automatically updated to reflect changes in the supply chain. The paper reports the ongoing research and development towards a dynamically generated system that supports product configuration, visualization and assessment from the cloud manufacturing concept of Manufacturing-as-a-Service (MaaS). In addition to outlining the architecture of such a system, an overview of its modules and integration to the cloud manufacturing platform is described. Lastly, the case study of a customizable façade module is presented with two different scenarios to demonstrate the prototype implementation and validate the proposed approach.

Enhancing User Experience in Financial Services

2014 ◽  
Vol 6 (2) ◽  
pp. 12-22
Author(s):  
Fatma Molu ◽  
Nur Findik ◽  
Mustafa Dalci
Keyword(s):  
User Experience ◽  
Financial Services ◽  
Return On Investment ◽  
Customer Relationship ◽  
Specific Context ◽  
User Research ◽  
Banking Service ◽  
Digital Environments

The domain of User Experience (UX) involves studying, designing for and evaluating the experiences that people have through the use of a system. This use takes place in a specific context, which has an impact on, or contributes to, the UX. As enterprises make a focus on the customer integral to their strategies, they need to recognize that technology developments are changing the customer relationship. In today's world, a great number of interactions between financial services and their customers have moved to digital environments and as a result a user interface design's significance increases in shaping the digital, financial experience.Based on this increasing importance, this paper proposes the role of usability studies for return on investment, along with a case study carried out in Kuveyt Turk Participation Bank. It involves an extended user research of online bank services which resulted with new specifications to be applied in the new corporate online banking service.

Identification of the Optimal Product Configuration and Parameters for Improving Manufacturability

1996 ◽  
Author(s):  
Deyi Xue
Keyword(s):  
Global Optimization ◽  
Optimization Methods ◽  
Product Configuration ◽  
Design System ◽  
Optimization Approach ◽  
Continuous Variables ◽  
Integer Variables ◽  
System A ◽  
Global Optimization Methods

Abstract A global optimization approach for identifying the optimal product configuration and parameters is proposed to improve manufacturability measures including feasibility, cost, and time of production. Different product configurations, including alternative design candidates and production processes, are represented by an AND/OR graph. Product parameters are described by variables including continuous variables, integer variables, Boolean variables, and discrete variables. Two global optimization methods, genetic algorithm and simulated annealing, are employed for identifying the optimal product configuration and parameters. The introduced approach serves as a key component in an integrated concurrent design system. A case study example is given to show how the proposed method is used for solving the engineering problems.

Case Study—Acting (and Funding) Locally: How One Virginia Foundation Is Changing the Way It Supports Communities

2019 ◽  
pp. 315-322
Author(s):  
Patricia N. Mathews
Keyword(s):  
Health Care ◽  
Low Income ◽  
Return On Investment ◽  
Safety Net ◽  
Health Care Safety Net ◽  
Health Care Safety ◽  
The Way

This chapter presents a case study based on the experience of the Northern Virginia Health Foundation (NVHF). The NVHF was created twelve years ago and was created to improve the health and health care of the residents of Northern Virginia, with a particular emphasis on those of low income and the uninsured. The chapter shows how despite being a small foundation, over the years, NVHF has made significant investments in the health care safety net. However, despite this, low-income residents in the area continue to face considerable challenges. The chapter makes some general conclusions based on this experience: cross-sector collaboration is difficult and, in many instances, expensive. But the return on investment is potentially strong. The direction should be creative and focused.

HASS PhD graduate careers and knowledge transfer: A conduit for enduring, multi-sector networks

2019 ◽  
Vol 19 (4) ◽  
pp. 397-418 ◽  
Author(s):  
Robyn Barnacle ◽  
Denise Cuthbert ◽  
Christine Schmidt ◽  
Craig Batty
Keyword(s):  
Social Sciences ◽  
Knowledge Transfer ◽  
Return On Investment ◽  
Extensive Literature ◽  
User Engagement ◽  
End User ◽  
Professional Networks ◽  
Science Technology ◽  
And Mathematics

Rising worldwide scrutiny of the PhD has focused on issues such as return on investment and career outcomes. This article investigates PhD graduate careers and knowledge transfer looking at the Humanities, Arts and Social Sciences (HASS). Firstly, our extensive literature review of PhD graduate outcomes reveals limited knowledge of HASS careers and a Science, Technology, Engineering and Mathematics (STEM) bias. Secondly, our case study of graduates suggests HASS PhDs provide a vital conduit for end-user engagement and knowledge transfer. Our findings deepen knowledge about the careers of HASS PhDs by revealing pre-existing professional networks may be harnessed to inform end-user relationships throughout candidature and post-graduation. Contrary to dominant assumptions, these networks may endure even for graduates in the academy. This under-recognized phenomenon demonstrates the multi-sector knowledge transfer capacity of HASS researchers with implications for their research capability and career development needs and perceptions of the value of their research.

scholarly journals Sustainable Residential Building Considerations for Rural Areas: A Case Study

Land ◽  
2020 ◽  
Vol 9 (5) ◽  
pp. 152
Author(s):  
Lawrence Fulton ◽  
Bradley Beauvais ◽  
Matthew Brooks ◽  
Scott Kruse ◽  
Kimberly Lee
Keyword(s):  
Land Use ◽  
Rural Areas ◽  
Return On Investment ◽  
Cost Of Capital ◽  
Sustainable Construction ◽  
Solar Array ◽  
Sustainable Solutions ◽  
Electric Car ◽  
The Impact

Intelligent use of rural residential land and sustainable construction is inexorably linked to cost; however, options exist that are eco-friendly and have a positive return on investment. In 2011, a research residence was built to evaluate various land-use and sustainable components. This Texas house has subsequently been used for both residential and research purposes. The purpose of this case study was to evaluate break-even construction considerations, to assess environmental impacts, and to evaluate qualitatively efficacy of sustainable options incorporated in the research residence. Some of the specific components discussed are home site placement (directional positioning); materiel acquisition (transportation); wood product minimization; rainwater harvesting; wastewater management; grid-tied solar array power; electric car charging via a solar array; geothermal heating and cooling; insulation selection; windows, fixtures, and appliance selection; and on-demand electric water heaters for guest areas. This study seeks to identify the impact of proper land use and sustainable techniques on the environment and return-on-investment in rural areas. Break-even and 15-year Net Present Value (NPV) analysis at 3% and 5% cost of capital were used to evaluate traditional construction, partially sustainable construction, and fully sustainable construction options for the case study house, which was built sustainably. The additional cost of sustainable construction is estimated at $54,329. At 3%, the analysis suggests a 15-year NPV of $334,355 (traditional) versus $250,339 million (sustainable) for a difference of $84K. At 5% cost of capital, that difference falls to $63K. The total estimated annual difference in carbon emissions is 4.326 million g/CO2e for this research residence. The results indicate that good choices for quick return-on-investment in rural construction would be the use of engineered lumber, Icynene foam, and Energy Star windows and doors. Medium-term options include photovoltaic systems (PVS) capable of powering the home and an electric car. Sustainable construction options should positively affect the environment and the pocketbook. Regulations and code should require adoption of short-range, break-even sustainable solutions in residential construction.

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