Please use this identifier to cite or link to this item: https://doi.org/10.1109/IEEM.2008.4738162
Title: Concept selection for market potential using fuzzy selection approach
Authors: Lu, W.F. 
Sun, J. 
Loh, H.T. 
Chua, C.W.
Keywords: Concept selection
Fuzzy comparison
Product development
Issue Date: 2008
Source: Lu, W.F., Sun, J., Loh, H.T., Chua, C.W. (2008). Concept selection for market potential using fuzzy selection approach. 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008 : 1699-1703. ScholarBank@NUS Repository. https://doi.org/10.1109/IEEM.2008.4738162
Abstract: One of the biggest challenges in product development is to select the product concept with the best market potential. In this work, a selection methodology is developed utilising fuzzy logic. It is an amalgamation of Pugh Matrix and Utility Scoring approach, with the crisp numerical weights and comparison ratings replaced by linguistic fuzzy functions. Experimental results show that the proposed method can effectively perform concept selection in product development process. This method has the potential to identify the strengths and weaknesses of a few candidate concepts and consider the possibility of adopting the strong aspects and improving on the poor ones. © 2008 IEEE.
Source Title: 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008
URI: http://scholarbank.nus.edu.sg/handle/10635/73275
ISBN: 9781424426300
DOI: 10.1109/IEEM.2008.4738162
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