Modelling the emergence of modularity and its limits, Markov decision process and agent based modelling approach

I. Bouamama, T. Shibata

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

With increasingly competitive markets and technological advances driving the world towards a 'converging commonality', adopting 'modularity' seems to be more and more appealing for companies and businesses wishing to adapt to various market conditions and to benefit from decentralized innovations. However, the decision to adopt a modular product architecture often comes with a need to carefully analyze the implications of such a decision on the firm's performance, considering the current market state and the future technological shifts. This paper will propose a way to meet this need by constructing mathematical definitions to model the factors influencing the performance of firms before and after adopting modularity.

Original languageEnglish
Title of host publication2017 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2017
PublisherIEEE Computer Society
Pages1475-1479
Number of pages5
ISBN (Electronic)9781538609484
DOIs
Publication statusPublished - 2018 Feb 9
Event2017 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2017 - Singapore, Singapore
Duration: 2017 Dec 102017 Dec 13

Publication series

NameIEEE International Conference on Industrial Engineering and Engineering Management
Volume2017-December
ISSN (Print)2157-3611
ISSN (Electronic)2157-362X

Other

Other2017 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2017
CountrySingapore
CitySingapore
Period17/12/1017/12/13

Keywords

  • Agent Based Model
  • Markov Decision Process
  • Modularity
  • Product architecture
  • Trap

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)
  • Industrial and Manufacturing Engineering
  • Safety, Risk, Reliability and Quality

Fingerprint Dive into the research topics of 'Modelling the emergence of modularity and its limits, Markov decision process and agent based modelling approach'. Together they form a unique fingerprint.

Cite this