TY - GEN
T1 - Modelling the emergence of modularity and its limits, Markov decision process and agent based modelling approach
AU - Bouamama, I.
AU - Shibata, T.
PY - 2018/2/9
Y1 - 2018/2/9
N2 - 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.
AB - 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.
KW - Agent Based Model
KW - Markov Decision Process
KW - Modularity
KW - Product architecture
KW - Trap
UR - http://www.scopus.com/inward/record.url?scp=85045276112&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85045276112&partnerID=8YFLogxK
U2 - 10.1109/IEEM.2017.8290138
DO - 10.1109/IEEM.2017.8290138
M3 - Conference contribution
AN - SCOPUS:85045276112
T3 - IEEE International Conference on Industrial Engineering and Engineering Management
SP - 1475
EP - 1479
BT - 2017 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2017
PB - IEEE Computer Society
T2 - 2017 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2017
Y2 - 10 December 2017 through 13 December 2017
ER -