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Synopsis
Design outsourcing is gaining popularity in many industries, such as electronics, air-craft, and automobile etc. Due to its innovative and unpredictable nature, design out-sourcing bears more risks in transaction than traditional manufacturing and service outsourcing. In this context, transactional risk is defined as the risks resulted from in-herent uncertainty regarding the design outcome faced by both buyers and sellers. Pro-totypes are commonly used in design outsourcing to elicit customers‘ needs and convey designers‘ capabilities, such that the information asymmetry and transactional risk would be reduced. However, in capital intensive industries, such as pharmaceutical, and aerospace, etc., prototypes are usually very expensive. Three quantitative models are developed in this research to analyze the trade-off between the value and cost of prototyping in three different, but progressive design outsourcing scenarios: (1) one buyer vs. one designer through single prototyping phase, (2) one buyer vs. one design-er through multiple prototyping phases, and (3) one buyer vs. multiple designers through multiple prototyping phases.
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Reducing Transactional Risk via Prototyping in Design Outsourcing
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LAP LAMBERT Academic Publishing Mär 2015, 2015
ISBN 10: 365945849X
ISBN 13: 9783659458491
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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germany
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Design outsourcing is gaining popularity in many industries, such as electronics, air-craft, and automobile etc. Due to its innovative and unpredictable nature, design out-sourcing bears more risks in transaction than traditional manufacturing and service outsourcing. In this context, transactional risk is defined as the risks resulted from in-herent uncertainty regarding the design outcome faced by both buyers and sellers. Pro-totypes are commonly used in design outsourcing to elicit customers' needs and convey designers' capabilities, such that the information asymmetry and transactional risk would be reduced. However, in capital intensive industries, such as pharmaceutical, and aerospace, etc., prototypes are usually very expensive. Three quantitative models are developed in this research to analyze the trade-off between the value and cost of prototyping in three different, but progressive design outsourcing scenarios: (1) one buyer vs. one designer through single prototyping phase, (2) one buyer vs. one design-er through multiple prototyping phases, and (3) one buyer vs. multiple designers through multiple prototyping phases. 164 pp. Englisch. Seller Inventory # 9783659458491
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Reducing Transactional Risk via Prototyping in Design Outsourcing
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LAP LAMBERT Academic Publishing, 2015
ISBN 10: 365945849X
ISBN 13: 9783659458491
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Sun KeSun Ke graduated from Nanyang Technological University in Singapore with a PhD degree in Operations Research. Currently he s working at a hedge fund called Point72 Asset Management in Singapore as quantitative developer.Des. Seller Inventory # 20937466
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Reducing Transactional Risk via Prototyping in Design Outsourcing
Published by
LAP LAMBERT Academic Publishing, 2015
ISBN 10: 365945849X
ISBN 13: 9783659458491
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Taschenbuch. Condition: Neu. Reducing Transactional Risk via Prototyping in Design Outsourcing | Ke Sun | Taschenbuch | 164 S. | Englisch | 2015 | LAP LAMBERT Academic Publishing | EAN 9783659458491 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu. Seller Inventory # 104768897
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Reducing Transactional Risk via Prototyping in Design Outsourcing
Published by
LAP LAMBERT Academic Publishing Mär 2015, 2015
ISBN 10: 365945849X
ISBN 13: 9783659458491
New
Taschenbuch
Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germany
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Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Design outsourcing is gaining popularity in many industries, such as electronics, air-craft, and automobile etc. Due to its innovative and unpredictable nature, design out-sourcing bears more risks in transaction than traditional manufacturing and service outsourcing. In this context, transactional risk is defined as the risks resulted from in-herent uncertainty regarding the design outcome faced by both buyers and sellers. Pro-totypes are commonly used in design outsourcing to elicit customers' needs and convey designers' capabilities, such that the information asymmetry and transactional risk would be reduced. However, in capital intensive industries, such as pharmaceutical, and aerospace, etc., prototypes are usually very expensive. Three quantitative models are developed in this research to analyze the trade-off between the value and cost of prototyping in three different, but progressive design outsourcing scenarios: (1) one buyer vs. one designer through single prototyping phase, (2) one buyer vs. one design-er through multiple prototyping phases, and (3) one buyer vs. multiple designers through multiple prototyping phases.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 164 pp. Englisch. Seller Inventory # 9783659458491
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Reducing Transactional Risk via Prototyping in Design Outsourcing
Published by
LAP LAMBERT Academic Publishing, 2015
ISBN 10: 365945849X
ISBN 13: 9783659458491
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Seller: AHA-BUCH GmbH, Einbeck, Germany
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Design outsourcing is gaining popularity in many industries, such as electronics, air-craft, and automobile etc. Due to its innovative and unpredictable nature, design out-sourcing bears more risks in transaction than traditional manufacturing and service outsourcing. In this context, transactional risk is defined as the risks resulted from in-herent uncertainty regarding the design outcome faced by both buyers and sellers. Pro-totypes are commonly used in design outsourcing to elicit customers' needs and convey designers' capabilities, such that the information asymmetry and transactional risk would be reduced. However, in capital intensive industries, such as pharmaceutical, and aerospace, etc., prototypes are usually very expensive. Three quantitative models are developed in this research to analyze the trade-off between the value and cost of prototyping in three different, but progressive design outsourcing scenarios: (1) one buyer vs. one designer through single prototyping phase, (2) one buyer vs. one design-er through multiple prototyping phases, and (3) one buyer vs. multiple designers through multiple prototyping phases. Seller Inventory # 9783659458491
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