The evaluation of the opportunity of investments on complex production processes is a critical factor in order to enable the balance of risks and potential benefits. There is no out-of-the-box tool that can solve this problem: only the experience of the responsible expert and his knowledgeability of the process can help. Outcome Driven Innovation is an evaluation technique that can support decisions, based on a structured approach to process analysis and on the availability of domain experts: anyway, the need for experts can make the evaluation itself very expensive. In this paper a simulative approach is used to provide an a priori characterization of the conditions that can suggest the opportunity of adopting Outcome Driven Innovation for a process. © ECMS Valeri M. Mladenov, Petia Georgieva, Grisha Spasov, Galidiya Petrova (Editors)

A Simulation Based Approach For The Evaluation Of Outcome Driven Innovation Models

GRIBAUDO, MARCO;
2015-01-01

Abstract

The evaluation of the opportunity of investments on complex production processes is a critical factor in order to enable the balance of risks and potential benefits. There is no out-of-the-box tool that can solve this problem: only the experience of the responsible expert and his knowledgeability of the process can help. Outcome Driven Innovation is an evaluation technique that can support decisions, based on a structured approach to process analysis and on the availability of domain experts: anyway, the need for experts can make the evaluation itself very expensive. In this paper a simulative approach is used to provide an a priori characterization of the conditions that can suggest the opportunity of adopting Outcome Driven Innovation for a process. © ECMS Valeri M. Mladenov, Petia Georgieva, Grisha Spasov, Galidiya Petrova (Editors)
2015
Proceedings - 29th European Conference on Modelling and Simulation, ECMS 2015
9780993244001
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11311/971178
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