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The Decision Arena, transforming data into knowledge in conceptual design

One success factor in engineering design is the ability to make effective and risk-managed decisions in a timely manner. Rarely is a single person sufficient to resolve today’s complex, connected issues. Rather, a group of stakeholders possessing required expert knowledge needs to be enrolled as these issues normally requires a wide variety of expert competences, […]

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Simulation-driven design for assessing strategic decisions in the conceptual design of circular PSS business models

ABSTRACT Due to ever increasing challenges faced by our global society, circular design and the idea of product-service systems (PSS) is gaining traction within businesses. However, ‘predicting’ the value of a future PSS solution in the early design phases is difficult, since it requires the ability to balance long term potential with short term decisions. […]

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