Jeffrey W. Herrmann
Department of Mechanical Engineering and Institute for Systems Research
University of Maryland
Iteration is a dominant though unwelcome feature of product development. Controlling this iteration can reduce the time needed to complete product development projects. Management must decide how long each project should spend in a design stage before it undergoes a design review (or test). This paper presents a model of iteration that can be used to make this decision. The paper considers the single-project case and two scenarios in which multiple projects require a common reviewer. These results give some insight into how managers should control iteration to improve their product development processes.
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Copyright Notice: This paper has been published as Technical Report 2005-91 by the Institute for Systems Research, University of Maryland, College Park. Personal use of this material is permitted. However, permission to reprint or republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists or to reuse any copyrighted component of this work in other works must be obtained from the author.
Last updated by Jeffrey W. Herrmann, June 21, 2005.
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